Note 3. Discontinued Operations: Disposal Groups, Including Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2016

Tables/Schedules

Disposal Groups, Including Discontinued Operations

The following is a reconciliation of the major line items constituting the pretax profit of discontinued operations, including adjustments for amounts previously eliminated in consolidation, for the periods indicated (in thousands):

		2016		2015		2014
Revenue	$	6,406	$	2,373	$	3,585
Selling, general and administrative expenses		5,689		(1,937)		1,402
Pretax profit of discontinued operations		717		4,310		2,183
Gain on disposal of discontinued
operations, pretax		116,900		-		-
Income from discontinued operations,
before income taxes		117,617		4,310		2,183
Income taxes on discontinued operations		6,813		1,762		283
Income from discontinued operations, net of tax	$	110,804	$	2,548	$	1,900

The following is a reconciliation of the carrying amounts of major classes of assets and liabilities for discontinued operations, including adjustments for amounts previously eliminated in consolidation, for the periods indicated (in thousands):

		December 31,
		2016		2015
Major classes of assets included in discontinued operations:
Cash	$	-	$	1,671
Goodwill		-		5,664
Intangible assets		-		919
Other assets		-		4,677
Assets attributable to discontinued operations	$	-	$	12,931
Major classes of liabilities included in discontinued operations:
Accounts payable and accrued liabilities	$	68	$	(15)
Liabilities attributable to discontinued operations	$	68	$	(15)