Discontinued Operations and Assets and Liabilities Held For Sale (Tables)

6 Months Ended

Jun. 30, 2017

Discontinued Operations and Disposal Groups [Abstract]

Schedule of disposal groups, including discontinued operations, income statement, balance sheet and additional disclosures

The following table provides the operating results of AMS Discontinued operations, net of tax for the three and six months ended June 30, 2017 and 2016 (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Revenue	$	179		$	863		$	179		$	29,714
Litigation-related and other contingencies, net	$	775,474		$	—		$	775,684		$	2,450
Asset impairment charges	$	—		$	149		$	—		$	21,328
Loss from discontinued operations before income taxes	$	(791,588	)	$	(22,492	)	$	(804,485	)	$	(91,324	)
Income tax benefit	$	(91,090	)	$	23,724		$	(95,582	)	$	—
Discontinued operations, net of tax	$	(700,498	)	$	(46,216	)	$	(708,903	)	$	(91,324	)

The following table provides the components of Assets and Liabilities held for sale of Somar as of June 30, 2017 (in thousands):

	June 30, 2017
Current assets	$	63,780
Property, plant and equipment	2,347
Other assets	455
Assets held for sale	$	66,582
Current liabilities	13,933
Liabilities held for sale	$	13,933

The following table provides the components of Assets and Liabilities held for sale of Litha as of June 30, 2017 and December 31, 2016 (in thousands):

	June 30, 2017		December 31, 2016
Current assets	$	59,221	$	50,167
Property, plant and equipment	3,617		3,527
Other intangibles, net	21,893		29,950
Other assets	14,877		11,343
Assets held for sale	$	99,608	$	94,987
Current liabilities	26,059		18,642
Other liabilities	4,375		5,696
Liabilities held for sale	$	30,434	$	24,338

Restructuring and related costs

A summary of expenses related to the Astora restructuring initiative is included below for the three and six months ended June 30, 2016 (in thousands):

	Three Months Ended June 30, 2016			Six Months Ended June, 2016
Employee separation, retention and other benefit-related costs	$	5,317		$	21,466
Asset impairment charges	149			21,328
Contract termination-related items	(424		)	9,800
Other wind down costs	909			14,030
Total	$	5,951		$	66,624

Schedule of restructuring reserve by type of cost

Changes to this liability during the six months ended June 30, 2017 were as follows (in thousands):

	Employee Separation and Other Benefit-Related Costs			Contract Termination Charges			Total
Liability balance as of January 1, 2017	$	3,855		$	1,661		$	5,516
Cash distributions	(3,175		)	(952		)	(4,127		)
Liability balance as of June 30, 2017	$	680		$	709		$	1,389

Changes to this liability during the six months ended June 30, 2017 were as follows (in thousands):

	Total
Liability balance as of January 1, 2017	$	9,939
Expenses	1,117
Cash distributions	(8,621		)
Liability balance as of June 30, 2017	$	2,435

Changes to this liability during the six months ended June 30, 2017 were as follows (in thousands):

	Employee Separation and Other Benefit-Related Costs			Contract Termination Charges			Total
Liability balance as of January 1, 2017	$	16,544		$	5,224		$	21,768
Cash distributions	(13,890		)	(5,224		)	(19,114		)
Liability balance as of June 30, 2017	$	2,654		$	—		$	2,654

Changes to this liability during the six months ended June 30, 2017 were as follows (in thousands):

	Total
Liability balance as of January 1, 2017	$	—
Expenses	15,060
Cash distributions	(5,141		)
Liability balance as of June 30, 2017	$	9,919

Changes to this liability during the six months ended June 30, 2017 were as follows (in thousands):

	Total
Liability balance as of January 1, 2017	$	—
Expenses	8,871
Cash distributions	—
Liability balance as of June 30, 2017	$	8,871