Significant Accounting Policies and Recent Accounting Pronouncements (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

Upon adoption of ASU 2014-09, the cumulative effect of the changes made to the Company’s consolidated balance sheet as of January 1, 2018 were as follows:

	Balance at December 31, 2017	Adjustments due to ASU 2014-09	Balance at January 1, 2018
Assets
Current assets of discontinued operations	104,024	11,182	115,206
Liabilities
Current liabilities of discontinued operations	61,643	5,442	67,085
Noncurrent liabilities of discontinued operations	7,565	30	7,595
Equity
Retained earnings, net of tax	204,818	5,710	210,528

The impact of applying the new revenue recognition guidance on the Company’s consolidated statement of operations for the year ended December 31, 2018 was as follows:

	Year Ended December 31, 2018
	As Reported (1)		Pro forma as if the previous accounting guidance was in effect
Service revenue, net	$	1,384,965	1,400,453
Service expense	1,253,608		1,300,091
Operating income	24,276		24,276

⁽¹⁾ Service expense reflects certain costs reclassified between “General and administrative expense” and “Service expense” in conjunction with the change in the Company’s organizational structure as described in Note 24, Segments.