XML 70 R60.htm IDEA: XBRL DOCUMENT v3.22.2
Discontinued Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Aug. 16, 2021
Income Statement Disclosures            
Sales and merchandising revenues $ 12,076 $ 37,921 $ 25,191 $ 78,931    
Cost of sales and merchandising revenues 12,877 27,284 23,948 59,023    
Gross profit (loss) (801) 10,637 1,243 19,908    
Operating, administrative and general expenses 4,434 4,416 5,813 7,290    
Interest expense, net 0 3,394 0 6,574    
Other income, net 6,547 237 6,620 1,911    
Income from discontinued operations before income taxes 1,312 3,064 2,050 7,955    
Income tax provision 2,051 965 3,344 2,349    
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (739) 2,099 (1,294) 5,606    
Current assets:            
Accounts receivable, net 11,998 18,707 11,998 18,707 $ 12,643  
Inventories 6,318 7,375 6,318 7,375 6,739  
Other current assets 311 2,473 311 2,473 1,503  
Current assets held-for-sale 18,627 28,555 18,627 28,555 20,885  
Other assets:            
Rail assets leased to others, net 427 574,585 427 574,585 458  
Property, plant and equipment, net 17,370 18,199 17,370 18,199 17,280  
Goodwill 4,167 4,167 4,167 4,167 4,167  
Other intangible assets, net 0 2,025 0 2,025 24  
Right of use assets, net 2,322 18,969 2,322 18,969 20,999  
Other assets, net 12 2,800 12 2,800 241  
Total non-current assets held-for-sale 24,298 620,745 24,298 620,745 43,169  
Total assets held-for-sale 42,925 649,300 42,925 649,300 64,054  
Current liabilities:            
Trade and other payables 1,883 3,666 1,883 3,666 2,546  
Customer prepayments and deferred revenue 0 2,211 0 2,211 0  
Current maturities of long-term debt 0 6,513 0 6,513 0  
Current operating lease liabilities 2,112 6,023 2,112 6,023 4,672  
Accrued expenses and other current liabilities 3,319 6,772 3,319 6,772 6,161  
Total current liabilities held-for-sale 7,314 25,185 7,314 25,185 13,379  
Long-term lease liabilities 3,113 14,718 3,113 14,718 16,119  
Long-term debt, less current maturities 0 28,845 0 28,845 0  
Other long-term liabilities 0 430 0 430 0  
Non-current liabilities held-for-sale 3,113 43,993 3,113 43,993 16,119  
Total liabilities held-for-sale $ 10,427 $ 69,178 10,427 69,178 $ 29,498  
Cash Flow Disclosures            
Depreciation and amortization     0 17,588    
Capital expenditures     27,276 5,703    
Proceeds from sale of Rail assets     36,341 15,616    
Non-cash operating activities - Gain on sale of railcars     (6,176) (4,987)    
Non-cash operating activities - fixed asset impairment     2,818 234    
Non-cash investing activities - capital expenditures, consisting of unpaid capital expenditure liabilities at period end     $ 0 $ (113)    
Rail Leasing Business            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Consideration on sale of assets and liabilities of business           $ 543,100