Disposition Of Assets

12 Months Ended

Dec. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

DISPOSITION OF ASSETS

Due to a historical pattern of losses in the construction operations of our United Kingdom segment and our negative assessment of construction market conditions in the United Kingdom for the foreseeable future, we ceased construction operations in the United Kingdom during the third quarter 2014. The results of the construction operations of our United Kingdom segment for all periods are presented in the Consolidated Financial Statements as discontinued operations.

The results of discontinued operations are as follows (in thousands):



	For the twelve months ended December 31,
	2018			2017			2016
Revenues	$	—		$	863		$	345
Loss from discontinued operation, net of income taxes	$	(2,345	)	$	(857	)	$	(3,142	)
Diluted loss per share from discontinued operation	$	(0.04	)	$	(0.01	)	$	(0.05	)

The loss from discontinued operations in 2018 was primarily due to the settlement of a previously outstanding legal matter. The loss from discontinued operations in 2017 and 2016 was primarily due to legal costs, as well as the settlement of final contract balances on certain construction projects completed in prior years. The loss from discontinued operations in 2017 was partially offset by revenues recognized upon the settlement of a previously outstanding contract claim.

Included in the Consolidated Balance Sheets at December 31, 2018 and 2017 are the following major classes of assets and liabilities associated with the discontinued operation (in thousands):



	December 31, 2018		December 31, 2017
Assets of discontinued operation:
Current assets	$	—	$	242

Liabilities of discontinued operation:
Current liabilities	$	3,724	$	2,811

At December 31, 2018, the liabilities of the discontinued operation consisted of contract retentions, contract warranty obligations and other accrued liabilities that are expected to be fulfilled in the ordinary course of business.