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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2012
Discontinued Operations  
Schedule of revenue and loss related to discontinued operations

The revenue and loss related to discontinued operations were as follows (in thousands):

 

Year ended December 31, 

 

2012

 

2011

 

 

 

 

 

 

 

Revenue

 

35,920

 

57,447

 

 

 

 

 

 

 

Operating Loss

 

(11,239

)

(9,574

)

Schedule of assets and liabilities related to discontinued operations

The assets and liabilities related to discontinued operations were as follows (in thousands):

 

December 31, 

 

2012

 

2011

 

 

 

 

 

 

 

Accounts Receivable

 

9,664

 

11,086

 

Inventory

 

 

630

 

Costs and estimated earnings in excess of billings on uncompleted contracts

 

1,210

 

6,143

 

Prepaid expenses and other

 

17

 

393

 

Total current assets

 

10,891

 

18,252

 

 

 

 

 

 

 

Deferred financing costs

 

51

 

 

Net Property and Equipment, net

 

193

 

452

 

Goodwill

 

5,337

 

6,772

 

Intangibles

 

 

2,046

 

Total long-term assets

 

5,581

 

9,270

 

 

 

 

 

 

 

Total Assets

 

16,472

 

27,522

 

 

 

 

 

 

 

Current portion of long-term debt

 

8

 

54

 

Accounts Payable

 

2,178

 

4,524

 

Accrued Expense

 

2,781

 

2,213

 

Billings in excess of costs and estimated earnings on uncompleted contracts

 

7,550

 

9,191

 

Customer Deposits

 

 

31

 

Total current liabilities

 

12,517

 

16,013

 

 

 

 

 

 

 

Long-Term Debt, less current portion

 

5

 

13

 

 

 

 

 

 

 

Total Liabilities

 

12,522

 

16,026