Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The following table presents the major classes of assets and liabilities of discontinued operations that are classified as held for sale as of December 31, 2018:

	December 31, 2018
Accounts receivable, net	$	23,093
Inventory	17,349
Prepaid and other current assets	2,058
Total current assets	42,500
Property, plant and equipment, net	17,482
Deferred tax assets	31,486
Other assets	2,239
Total assets	$	93,707
Accounts payable	$	11,035
Accrued and other current liabilities	3,786
Other current liabilities	1,415
Total current liabilities	16,236
Other long-term liabilities	5,548
Total liabilities	$	21,784

Income (loss) from discontinued operations is comprised of the following:

	Year Ended
	December 31, 2019			December 31, 2018			December 31, 2017
Revenues	$	127,561		$	177,419		$	20,917
Cost of sales	(106,572		)	(124,396		)	(18,618		)
Gross margin	20,989			53,023			2,299
Selling, general and administrative expenses and other	(1,536		)	(3,196		)	173
Operating income (loss)	19,453			49,827			2,472
Interest expense (a)	(3,957		)	(4,485		)	(482		)
Other non-operating income	321			377			45
Income from discontinued operations before income taxes	15,817			45,719			2,035
Income tax expense	(4,096		)	(16,754		)	(498		)
Income from discontinued operations, net of taxes	11,721			28,965			1,537
Gain from sale of discontinued operation, pre-tax	118,888			—			—
Income tax expense on gain	(34,451		)	—			—
Gain from sale of discontinued operations, net of tax	84,437			—			—
Income from Discontinued Operations	$	96,158		$	28,965		$	1,537

(a) The Company was required to repay $100 million of debt from proceeds received from the sale of Matane. As such, interest expense has been allocated to discontinued operations using the weighted-average interest rates in effect for each period presented based on the proportionate amounts required to be repaid.

Other discontinued operations information is as follows:    

	Year Ended
	December 31, 2019		December 31, 2018		December 31, 2017
Depreciation and amortization	$	1,590	$	2,459	$	317
Capital expenditures	$	2,956	$	3,662	$	87