Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The assets and liabilities of the discontinued Movianto business reflected on the consolidated balance sheets at December 31, 2019 and 2018, are as follows:

December 31,	2019			2018
Assets of discontinued operations
Cash and cash equivalents	$	1,396		$	37,059
Accounts receivable, net	78,643			66,731
Merchandise inventories	16,058			16,377
Other current assets	188,853			199,763
Current assets of discontinued operations	284,950			319,930
Property and equipment, net	65,710			62,780
Intangible assets, net	6,579			7,589
Other assets, net	27,431			28,092
Operating lease assets	87,425			—
Valuation allowance on disposal group classified as held for sale	(32,112		)	—
Total assets of discontinued operations	$	439,983		$	418,391
Liabilities of discontinued operations
Accounts payable	$	53,981		$	44,392
Other current liabilities	182,980			145,134
Current liabilities of discontinued operations	236,961			189,526
Long-term debt, excluding current portion	5,523			2,664
Operating lease liabilities, excluding current portion	76,270			—
Other liabilities	4,757			4,234
Total liabilities of discontinued operations	$	323,511		$	196,424

The following table provides operating and investing cash flow information for our discontinued operations:

Year ended December 31,	2019			2018
Operating Activities:
Depreciation and amortization	$	17,111		$	18,527
Asset impairment charges	32,112			25,668
Investing Activities:
Capital expenditures	(18,952		)	(11,805		)

The following table summarizes the financial results of our discontinued operations for the years ended December 31, 2019 and 2018:

Year ended December 31,	2019			2018
Net revenue	$	439,104		$	420,516
Cost of goods sold	106,896			124,079
Gross margin	332,208			296,437
Distribution, selling, and administrative expenses	330,737			305,118
Asset impairment charges	32,112			25,668
Acquisition-related and exit and realignment charges	2,856			3,099
Other operating expense (income), net	(1,325		)	(1,385		)
Operating loss	(32,172		)	(36,063		)
Interest expense, net	6,752			6,039
Loss from discontinued operations before income taxes	(38,924		)	(42,102		)
Income tax provision from discontinued operations	863			245
Loss from discontinued operations, net of taxes	$	(39,787	)	$	(42,347	)