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Discontinued Operations (Tables) | 6 Months Ended
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Jun. 30, 2013
DirectStar [Member] |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |
Summary of Assets, Liabilities and Results of Operations from Discontinued Operations | Results from discontinued operations associated with DirectStar for the period indicated were as follows (in millions):
| For the Three Months Ended June 30, 2012 |  | For the Six Months Ended June 30, 2012
Revenue | $ | 25.3 |  |  | $ | 60.2 |
Income from operations before provision for income taxes | 0.8 |  |  | 6.2 |
Loss on disposal before provision for income taxes | (0.2 | ) |  | (0.2 | )
Provision for income taxes | $ | (0.3 | ) |  | $ | (2.3 | )
Net income from discontinued operations | $ | 0.3 |  |  | $ | 3.7 |
Globetec [Member] |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |
Summary of Assets, Liabilities and Results of Operations from Discontinued Operations | The following table is a summary of assets and liabilities associated with the Globetec operation as of the dates as indicated (in millions):
| June 30, 2013 |  | December 31, 2012
Assets: |  |  |
Current assets | $ | 21.8 |  |  | $ | 18.6 |
Property and equipment, net | 2.0 |  |  | 2.0 |
Other long-term assets | 5.5 |  |  | 5.7 |
Assets of discontinued operations | $ | 29.3 |  |  | $ | 26.3 |
Liabilities: |  |  |
Accounts payable and accrued expenses | $ | 7.2 |  |  | $ | 7.0 |
Other current liabilities | 2.7 |  |  | 3.7 |
Liabilities of discontinued operations | $ | 9.9 |  |  | $ | 10.7 |
The Globetec business has trade receivables for certain “pay-when-paid” projects that provide for payment through March 2018. These receivables, which are included within assets of discontinued operations, have been recorded at their respective net present values, with the non-current portion recorded within long-term assets of discontinued operations. Imputed interest is reflected within the results of operations from discontinued operations. As of June 30, 2013 and December 31, 2012, $6.0 million and $6.3 million were outstanding, respectively. Of these amounts, approximately $4.0 million and $4.3 million are long-term as of June 30, 2013 and December 31, 2012, respectively. Certain of Globetec's international subsidiaries obtained short-term financing by factoring their respective accounts receivable. The amounts of receivables sold during the periods ended June 30, 2013 and 2012, and the balances outstanding as of June 30, 2013 and December 31, 2012, were not material. The following table presents results from discontinued operations associated with the Globetec operation for the periods indicated (in millions):
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2013 |  | 2012 |  | 2013 |  | 2012
Revenue | $ | 6.9 |  |  | $ | 3.4 |  |  | $ | 13.2 |  |  | $ | 8.7 |
Loss from operations before benefit from income taxes | (0.9 | ) |  | (1.7 | ) |  | (2.1 | ) |  | (3.2 | )
Impairment of assets, disposal group, before benefit from income taxes | (0.3 | ) |  | — |  |  | (0.3 | ) |  | — |
Benefit from income taxes | $ | 0.7 |  |  | $ | 0.3 |  |  | $ | 1.0 |  |  | $ | 0.9 |
Net loss from discontinued operations | $ | (0.5 | ) |  | $ | (1.4 | ) |  | $ | (1.4 | ) |  | $ | (2.3 | )

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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 43, 44, 45, 47, 48 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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