Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2017

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Results from Discontinued Operations

The results of Actua's discontinued operations, which are presented on the line item "Income (loss) from discontinued operations, net of tax" in Actua’s Consolidated Statements of Operations and Comprehensive Income (Loss), is summarized below:

(in thousands)	Three Months Ended September 30,						Nine Months Ended September 30,
Major classes of line items constituting pretax loss of discontinued operations	2017			2016			2017			2016
Revenue	$	31,315		$	39,298		$	93,011		$	110,617
Cost of revenue	(7,700		)	(11,995		)	(23,378		)	(33,027		)
Selling, general, administrative and other operating expenses	(24,152		)	(35,724		)	(77,429		)	(101,459		)
Other non-major income and expense items	(248		)	(135		)	(525		)	(502		)
Total discontinued operations before income taxes	(785		)	(8,556		)	(8,321		)	(24,371		)
Income tax benefit (expense)	(233		)	(93		)	(682		)	(321		)
Total discontinued operations, net of income taxes	(1,018		)	(8,649		)	(9,003		)	(24,692		)
Less: discontinued operations attributable to noncontrolling interests	(424		)	(1,019		)	(1,369		)	(2,888		)
Discontinued operations attributable to Actua Corporation	$	(594	)	$	(7,630	)	$	(7,634	)	$	(21,804	)

Assets and liabilities of discontinued operations, which are presented in the line items “Assets of discontinued operations” and “Liabilities of discontinued operations” on Actua's Consolidated Balance Sheets, consist of the following:

(in thousands)
Carrying amounts of major classes of assets included as part of discontinued operations	September 30, 2017		December 31, 2016
Cash and cash equivalents	$	27,982	$	20,834
Accounts receivables, net of allowance	18,446		1,648
Fixed assets, net of accumulated depreciation and amortization	4,513		5,266
Goodwill	231,424		231,787
Intangible assets, net	60,121		72,706
Other assets included in the disposal group	6,714		26,281
Total assets of discontinued operations	$	349,200	$	358,522
Carrying amounts of major classes of liabilities included as part of discontinued operations	September 30, 2017		December 31, 2016
Accounts payable	$	12,670	$	11,161
Accrued expenses	7,572		8,415
Accrued compensation and benefits	6,566		7,671
Deferred revenue	37,081		36,824
Other liabilities included in the disposal group	9,749		14,753
Total liabilities of discontinued operations	$	73,638	$	78,824