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DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2013
Summarized Results of Discontinued Operations

Summarized results of our discontinued operations are as follows:

 

     Three months ended June 30,      Six months ended June 30,  
     2013      2012      2013      2012  

Net revenue

   $ —         $ 12,424       $ 2,399       $ 24,750   
  

 

 

    

 

 

    

 

 

    

 

 

 

Loss from discontinued operations, net of tax

   $ 759       $ 4,203       $ 6,893       $ 13,816   
  

 

 

    

 

 

    

 

 

    

 

 

 

Major Classes of Assets and Liabilities of Careers China Business

The major classes of assets and liabilities of the discontinued operations are presented in the following table. All assets and liabilities have been classified as current in the Consolidated Balance Sheets as the disposition of asset and liabilities of the discontinued operations are expected to be completed within the next 12 months and the sale of the business held for sale was completed on February 5, 2013.

 

     June 30,      December 31,  
     2013      2012  

Accounts receivable net of doubtful accounts of $796 at December 31, 2012

   $ —         $ 7,884   

Prepaid and other

     —           3,932   

Property and equipment, net

     —           9,886   
  

 

 

    

 

 

 

Total assets of discontinued operations

   $ —         $ 21,702   
  

 

 

    

 

 

 

Accounts payable, accrued expenses and other current liabilities

   $ 2,522       $ 19,924   

Deferred revenue

     —           13,332   
  

 

 

    

 

 

 

Total liabilities of discontinued operations

   $ 2,522       $ 33,256