13. Divestitures

On November 17, 2017, the Company closed on the sale of all of the outstanding stock of Scout, an institutional investment management subsidiary, for $172.5 million in cash. The gain recorded on the disposal of Scout was $103.6 million.

This table summarizes the components of (loss) income from discontinued operations, net of taxes, for the three and six months ended June 30, 2018 and June 30, 2017 presented in the Consolidated Statements of Income (in thousands):

	For the Three Months Ended					For the Six Months Ended
	June 30, 2018		June 30, 2017			June 30, 2018			June 30, 2017
Total noninterest income	$	—	$	17,856		$	—		$	35,719
Total noninterest expense		—		20,455			917			35,411
(Loss) income from discontinued operations		—		(2,599	)		(917	)		308
Income tax (benefit) expense		—		(649	)		(170	)		53
Net (loss) income on discontinued operations	$	—	$	(1,950	)	$	(747	)	$	255

The components of net cash provided by operating activities of discontinued operations included in the Consolidated Statements of Cash Flows are as follows (in thousands):

	For the Six Months Ended
	June 30, 2018			June 30, 2017
(Loss) income from discontinued operations	$	(747	)	$	255
Depreciation and amortization		—			1,647
Net cash provided by operating activities of discontinued operations	$	(747	)	$	1,902