Discontinued Operations

6 Months Ended

Jun. 30, 2011

Discontinued Operations

Discontinued Operations

3. Discontinued Operations

During 2010, the Company completed the sale of selected assets of Frontier Transport Corporation, Vitran's truckload operation, previously a reportable segment.

The following table summarizes the operations for all periods presented to classify Frontier's operations as discontinued operations:

	Three months Ended June 30, 2011		Three months Ended June 30, 2010			Six months Ended June 30, 2011		Six months Ended June 30, 2010
Revenue	$	—	$	9,294		$	—	$	18,082
Income from discontinued operations		—		184			—		672
Income tax expense		—		(23	)		—		(163	)
Net income from discontinued operations	$	—	$	161		$	—	$	509

The following table summarizes the assets and liabilities from discontinued operations:

	June 30, 2011			Dec 31, 2010
Accounts receivable, net	$	—		$	1,596
Other current assets		—			87
Deferred income taxes		765			765
Deferred income taxes valuation allowance		(765	)		(765	)
Total assets from discontinued operations	$	—		$	1,683
	June 30, 2011			Dec 31, 2010
Accounts payable and accrued liabilities	$	201		$	2,410
Total liabilities from discontinued operations	$	201		$	2,410