Discontinued Operations

3 Months Ended

Mar. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

12. Discontinued Operations

The following is a reconciliation of the major line items constituting pretax income of discontinued operations to the after-tax gain on discontinued operations that are presented in the condensed consolidated statements of operations as indicated:

	For the Three Months Ended
	March 31,
(in thousands)	2018			2017
Major line items constituting pretax loss of discontinued operations:
Contract revenue	$	-		$	4
Contract expense (income)		-			(2	)
Operating and other expense		21			(49	)
Pretax income (loss) from discontinued operations	$	(21	)		55
Income from discontinued operations, net of tax	$	(21	)	$	45

The following is a reconciliation of the carrying amounts of major classes of assets and liabilities of the discontinued operations to the total assets and liabilities of the discontinued operations presented separately in the condensed consolidated balance sheets as indicated:

	March 31,		December 31,
(in thousands)	2018		2017
Carrying amounts of major classes of assets included as part of discontinued operations:
Current assets:
Accounts receivable, net	$	325	$	394
Costs in excess of billings on uncompleted contracts		62		62
Inventory, net		69		63
Other current assets		624		723
Total major classes of current assets of the discontinued operations		1,080		1,242
Noncurrent assets:
Other noncurrent assets		574		579
Total noncurrent assets of discontinued operations		574		579
Total assets of the discontinued operations in the balance sheet	$	1,654	$	1,821
Carrying amounts of major classes of liabilities included as part of discontinued operations:
Current liabilities:
Accounts payable	$	270	$	270
Accrued liabilities		33		33
Deferred revenue and other current liabilities		486		418
Total current liabilities of discontinued operations		789		721
Noncurrent liabilities:
Other liabilities		729		745
Total major classes of noncurrent liabilities of the discontinued operations		729		745
Total liabilities of the discontinued operations in the balance sheet	$	1,518	$	1,466