Discontinued Operations Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The major classes of assets and liabilities and their carrying amounts immediately prior to the completion of the sales transaction were as follows:



	June 30, 2014
Assets:
Current Assets:
Cash and cash equivalents	$	95,932
Accounts and notes receivable-less allowances of $410	32,070
Investments and funds held for clients	114,598
Income taxes receivable	2,548
Other current assets	8,908
Total current assets	254,056
Other Non-current Assets:
Goodwill	71,123
Intangible assets-net of accumulated amortization of $42,266	37,185
Other property and investments-net	4,656
Total other non-current assets	112,964
Total assets	367,020
Liabilities:
Current Liabilities:
Accounts payable	72,453
Client fund obligations	115,333
Current portion of long-term debt	67
Other current liabilities	35,329
Total current liabilities	223,182
Long-term borrowings under committed line of credit	40,000
Other non-current liabilities	2,117
Total liabilities	$	265,299

Summary of Cash Proceeds from Sale of Discontinued Operations [Table Text Block]

The summary of cash proceeds associated with the sales transaction are as follows (in thousands):



Reconciliation to Statement of Cash Flows
Contract price	$	335,000
Closing adjustments	3,914
Gross proceeds from sale (1)	338,914
Cash sold in the transaction	(95,932		)
Avista Corp. portion of proceeds held in escrow	(13,079		)
Gross proceeds from sale of Ecova, net of cash sold (per Statement of Cash Flows)	$	229,903

Reconciliation of expected net proceeds
Gross proceeds from sale (1)	$	338,914
Repayment of long-term borrowings under committed line of credit	(40,000		)
Payment to option holders and redeemable noncontrolling interests	(20,871		)
Payment to noncontrolling interests	(54,179		)
Transaction expenses withheld from proceeds	(5,390		)
Avista Corp. portion of proceeds held in escrow	(13,079		)
Net proceeds to Avista Capital at transaction closing	205,395
Tax payments made in 2014	(74,842		)
Estimated tax payments to be made in 2015	(172		)
Avista Corp. portion of proceeds held in escrow to be received in the future	13,079
Total net proceeds related to sales transaction	$	143,460

Discontinued Operations Summary of Income Statement Information [Table Text Block]

The following table presents amounts that were included in discontinued operations for the years ended December 31 (dollars in thousands):



	2014			2013			2012
Revenues	$	87,534		$	176,761		$	155,664
Gain on sale of Ecova (1)	160,612			—			—
Transaction expenses and accelerated employee benefits (2)	9,062			—			—
Gain on sale of Ecova, net of transaction expenses	151,550			—			—

Income before income taxes	156,025			13,177			3,494
Income tax expense	83,614			5,216			1,497
Net income from discontinued operations	72,411			7,961			1,997
Net income attributable to noncontrolling interests	(187		)	(1,157		)	(506		)
Net income from discontinued operations attributable to Avista Corp. shareholders	$	72,224		$	6,804		$	1,491

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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