Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2013

Components of Loss from Discontinued Operations

The key components of loss from discontinued operations consist of the following (in thousands):

	Years Ended December 31,
	2013			2012			2011
Net revenues	$	20,605		$	22,239		$	25,071
Discontinued operations:
Loss from discontinued operations before income taxes		(15,790	)		(25,239	)		(1,672	)
Income tax (provision) benefit		(8	)		1,070			(181	)
Loss from discontinued operations, net of income taxes		(15,798	)		(24,169	)		(1,853	)
Gain on sale of discontinued operations, net of income taxes of nil		4,821			-			-
Net loss from discontinued operations, net of income taxes	$	(10,977	)	$	(24,169	)	$	(1,853	)

Schedule of Assets and Liabilities of Discontinued Operations

The following table summarizes the assets and liabilities of discontinued operations (in thousands):

	December 31, 2013		December 31, 2012
Assets:
Cash and cash equivalents	$	16	$	1,269
Accounts receivable, net		787		3,419
Inventories		471		1,283
Other current assets		27		619
Property and equipment		13		3,003
Goodwill		1,310		20,606
Intangible assets		-		206
Total assets of discontinued operations	$	2,624	$	30,405
Liabilities:
Accounts payable		418		3,121
Liability for consumer cards		-		5,811
Liability to related party		-		454
Deferred revenue		966		2,202
Accrued expenses and other liabilities		246		3,203
Financial liabilities		-		5,318
Other long-term liabilities		-		1,304
Total liabilities of discontinued operations	$	1,630	$	21,413