Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of results of operations and the gain on the sale of Augers are presented as discontinued operations

The results of operations and the gain on the sale of Augers are presented as discontinued operations for all periods presented. Summarized financial information for Augers is below (in thousands):

	Year Ended December 31
	2012		2011			2010
Revenues	$	53,619	$	47,088		$	34,251
Discontinued operations
Operating income (loss) before tax	$	5,218	$	169		$	(1,787	)
Income tax provision (benefit)		1,817		(56	)		(518	)
Income (loss) from operations		3,401		225			(1,269	)

Gain on sale of subsidiary
Gain on sale of subsidiary before tax		5,357		--			--
Income tax provision		1,979		--			--
Gain on sale of subsidiary		3,378		--			--
Income (loss) from discontinued operations	$	6,779	$	225		$	(1,269	)

The carrying amounts of the major classes of assets and liabilities disposed on November 30, 2012 were as follows (in thousands):

	2012
Assets
Cash	$	636
Receivables		5,334
Inventories		26,568
Prepaid and other assets		430
Property and equipment, net		13,500
Other assets		465
Total assets	$	46,933
Liabilities:
Accounts payable	$	2,518
Other liabilities		6,484
Total liabilities		9,002
Net assets disposed	$	37,931

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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