Discontinued Operations and Divestitures (Tables)

9 Months Ended

Sep. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Schedules of Discontinued Operations

The total gain on sale of the Connected Care Business consisted of the following:

Cash received as consideration	$	47,250
Less: Carrying value of net assets sold	(14,190)
Less: Costs to sell	(849)
Gain on sale of the Connected Care Business	$	32,211

The carrying amounts of the major classes of assets and liabilities of the Company's discontinued operation as of December 31, 2019 were as follows:

	December 31, 2019
Accounts receivable, net	$	4,739
Inventories	798
Prepaid expenses and other current assets	790
Current assets of discontinued operation	6,327
Property, plant, and equipment, net	1,110
Goodwill	18,623
Operating lease right-of-use assets	1,603
Total assets of discontinued operation	$	27,663
Accounts payable	$	574
Accrued and other current liabilities	456
Deferred revenue	9,650
Current liabilities of discontinued operation	10,680
Deferred revenue, net of current	157
Deferred income taxes, net	210
Operating lease liabilities	$	1,282
Total liabilities of discontinued operation	$	12,329

The operating results of the Company's discontinued operation are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Major classes of line items constituting pretax income (loss) of discontinued operations
Net revenue	$	—	$	3,752	$	1,165	$	12,906
Cost of revenue	—		(1,008)		(467)		(3,130)
Selling, general and administrative	1		(1,428)		(525)		(4,259)
Research and development	(18)		(1,306)		(601)		(3,729)
Other expense, net	—		(2)		(5)		(17)
Pretax income (loss) from discontinued operations related to major classes of pretax income (loss)	(17)		8		(433)		1,771
Pretax gain on sale of the Connected Care Business	—		—		32,211		—
Total pretax income (loss) from discontinued operations	(17)		8		31,778		1,771
Provision for (benefit from) income taxes	(1)		2		(217)		491
Total income (loss) from discontinued operations, net of tax	$	(16)	$	6	$	31,995	$	1,280

The significant operating and investing cash and noncash items of the discontinued operation included on the Consolidated Statements of Cash Flows for the nine months ended September 30, 2020 and 2019 were as follows:

	Nine Months Ended September 30,
	2020		2019
Cash flows from operating activities:
Depreciation and amortization	$	10	$	352
Gain on sale of the Connected Care Business	32,211		—
Cash flows from investing activities:
Net proceeds from sale of the Connected Care Business	$	46,401	$	—
Purchases of property and equipment, including internal-use software	76		152