Discontinued Operations (Tables)

12 Months Ended

Nov. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Summary of results of discontinued operations

A summary of the results of discontinued operations for National Beef is as follows (in thousands):

	Period Ended June 4, 2018 (1)		Twelve Months Ended December 31, 2017
Revenues:
Beef processing services	$	3,137,611	$	7,353,663
Interest income	131		339
Other	4,329		4,946
Total revenues	3,142,071		7,358,948
Expenses:
Compensation and benefits	17,414		39,884
Cost of sales	2,884,983		6,764,055
Interest expense	4,316		6,657
Depreciation and amortization	43,959		98,515
Selling, general and other expenses	14,291		42,525
Total expenses	2,964,963		6,951,636
Income from discontinued operations before income taxes	177,108		407,312
Income tax provision	47,045		118,681
Income from discontinued operations, net of income tax provision	$	130,063	$	288,631

(1) The operations of National Beef from January 1, 2018 through June 4, 2018, are included in discontinued operations for our eleven months ended November 30, 2018.