DISPOSITION OF ASSETS (Tables)

3 Months Ended

Mar. 30, 2019

DISCONTINUED OPERATIONS

Summary of revenue, expenses and pre-tax income reclassified to discontinued operations, results of discontinued operations and assets and liabilities held for sale

Revenue, expenses and pre-tax income reclassified to discontinued operations were as follows (amounts in thousands):

	MARCH 30,		MARCH 31,
	2019		2018
Revenue	$	4,058	$	13,463
Costs and expenses		3,900		12,940
Depreciation, depletion and amortization		578		271
Selling and administrative		304		922
Pre-tax income (loss)	$	5,784	$	(670)

The results of discontinued operations are summarized as follows:

	MARCH 30,		MARCH 31,
	2019		2018
Operating (loss)	$	(724)	$	(670)
Gain on sale of assets		6,508		—
Income tax provision (benefit)		1,562		(167)
Income (loss) from discontinued operations	$	4,222	$	(503)

The assets and liabilities held for sale related to TMC’s ready-mix and Daniels sand businesses were as follows:

	MARCH 30,		DECEMBER 29,
	2019		2018
Accounts receivable, net	$	—	$	9,054
Inventory		—		1,914
Property, plant and equipment, net		—		6,741
Other assets		—		6,327
Total assets held for sale	$	—	$	24,036
Accounts payable and accrued expenses	$		$	3,800
Other long-term liabilites		—		292
Total liabilites held for sale	$	—	$	4,092