Discontinued Operations

9 Months Ended

Sep. 30, 2014

Discontinued Operations [Abstract]

Discontinued Operations

2. Discontinued Operations

During 2012, we committed to a plan to sell the assets of the Disposal Group, which includes sparkling beverage appliances, flavorings, CO₂ cylinders and accessories sold under the Flavorstation brand as well as the Omnifrio Single-Serve Business and initiated an active program to execute this plan.  In addition, we determined that the Disposal Group met all of the criteria for classification as discontinued operations.  As a result, current and prior year amounts and disclosures reflect these operations as discontinued operations.

The assets and liabilities of the Disposal Group classified as held for sale and reported within prepaid expenses and other current assets, accrued expenses and other current liabilities, and liabilities of disposal group, net of current portion, and other long-term liabilities on our condensed consolidated balance sheets, were as follows:

	September 30, 2014		December 31, 2013
Current assets of disposal group held for sale
Accounts receivable, net	$	–	$	15
Inventories		–		200
Prepaid expenses and other current assets		4		10
	$	4	$	225
Current liabilities of disposal group held for sale
Accounts payable	$	14	$	39
Accrued expenses and other current liabilities		27		53
	$	41	$	92
Liabilities of disposal group held for sale, net of current portion
Other long-term liabilities	$	2,000	$	2,000
	$	2,000	$	2,000

The net sales and operating results classified as discontinued operations were as follows:

	Three months ended September 30,						Nine months ended September 30,
	2014			2013			2014			2013
Net sales	$	1		$	647		$	169		$	2,651
Operating costs and expenses:
Cost of sales		–			1,009			262			3,154
Selling, general and administrative		50			149			308			369
Total operating costs and expenses		50			1,158			570			3,523
Loss from discontinued operations	$	(49	)	$	(511	)	$	(401	)	$	(872	)