Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2012

Results of Spanish Operations Included in Discontinued Operations

The results of the Spanish operations included in discontinued operations were as follows (in thousands):


	Three Months Ended September 30,					Nine Months Ended September 30,
	2012		2011			2012			2011
Revenues	$	—	$	9,235		$	10,102		$	29,582


(Loss) from discontinued operations before income taxes	$	—	$	(755	)	$	(820	)	$	(3,091	)
Income taxes ⁽¹⁾		—		—			—			—

(Loss) from discontinued operations, net of taxes	$	—	$	(755	)	$	(820	)	$	(3,091	)

(Loss) on sale of discontinued operations before income taxes	$	—	$	—		$	(10,707	)	$	—
Income taxes ⁽¹⁾		—		—			—			—

(Loss) on sale of discontinued operations, net of taxes	$	—	$	—		$	(10,707	)	$	—

⁽¹⁾	There were no income taxes as any tax benefit from the losses would be offset by a valuation allowance.

Assets and Liabilities of Discontinued Operations

The assets and liabilities of the Spanish operations in the accompanying Condensed Consolidated Balance Sheet as of December 31, 2011 were as follows (in thousands):


Assets
Current assets:
Receivables, net	$	8,970
Prepaid expenses		23

Total current assets		8,993
Deferred charges and other assets		597

Total assets ⁽¹⁾		9,590

Liabilities
Current liabilities:
Accounts payable		1,191
Accrued employee compensation and benefits		4,592
Deferred revenue		335
Other accrued expenses and current liabilities		1,010

Total current liabilities ⁽²⁾		7,128

Total net assets	$	2,462

⁽¹⁾	Classified as current and included in “Assets held for sale, discontinued operations” in the accompanying Condensed Consolidated Balance Sheet as of December 31, 2011.

⁽²⁾	Classified as current and included in “Liabilities held for sale, discontinued operations” in the accompanying Condensed Consolidated Balance Sheet as of December 31, 2011.