Discontinued Operations

9 Months Ended

Sep. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

11. Discontinued Operations

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

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
(in thousands)	2015			2014			2015			2014
Major line items constituting pretax loss of discontinued operations:
Net revenue	$	117		$	14,409		$	1,026		$	38,329
Cost of goods sold		343			13,018			922			37,100
Selling and operating		163			3,254			613			6,720
General and administrative		8			83			116			83
Stock option compensation		—			188			—			1,580
Acquisition related costs		—			22			—			1,651
Restructuring costs		—			—			31			—
Depreciation and amortization		—			81			56			500
Goodwill and other asset impairments		—			—			—			18,766
Pretax loss of discontinued operations		(397	)		(2,237	)		(712	)		(28,071	)
Income tax benefit		—			—			—			—
Loss on discontinued operations	$	(397	)	$	(2,237	)	$	(712	)	$	(28,071	)

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:

(in thousands)	September 30, 2015		December 31, 2014
Carrying amounts of major classes of assets included as part of discontinued operations:
Current assets:
Accounts receivable, net	$	1,677	$	6,223
Costs in excess of billings on uncompleted contracts		1,378		1,841
Inventory, net		89		242
Deferred costs on uncompleted contracts		—		42
Other current assets		94		79
Total major classes of current assets of the discontinued operations		3,238		8,427
Noncurrent assets:
Property and equipment, net		—		45
Other noncurrent assets		922		1,037
Total noncurrent assets of discontinued operations		922		1,082
Total assets of the discontinued operations in the balance sheet	$	4,160	$	9,509
Carrying amounts of major classes of liabilities included as part of discontinued operations:
Current liabilities:
Accounts payable	$	1,994	$	4,977
Accrued liabilities		2,492		2,608
Billings in excess of costs on uncompleted contracts		—		373
Deferred revenue and other current liabilities		38		26
Total current liabilities of discontinued operations		4,524		7,984
Noncurrent liabilities:
Other liabilities		225		327
Total major classes of noncurrent liabilities of the discontinued operations		225		327
Total liabilities of the discontinued operations in the balance sheet	$	4,749	$	8,311