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v3.20.4

Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract] |
Earnings from discontinued operations, net of tax | Disc Ops information follows:
| Year Ended December 31, 2020 |  | Year Ended December 31, 2019 |  | Year Ended December 31, 2018
(in thousands) | AMECO |  | Other |  | Total |  | AMECO |  | Other |  | Total |  | AMECO |  | Other |  | Total
Revenue | $ | 215,684 |  |  | $ | — |  |  | $ | 215,684 |  |  | $ | 260,276 |  |  | $ | — |  |  | $ | 260,276 |  |  | $ | 253,130 |  |  | $ | — |  |  | $ | 253,130 |
Cost of revenue | 193,583 |  |  | — |  |  | 193,583 |  |  | 277,420 |  |  | — |  |  | 277,420 |  |  | 222,139 |  |  | — |  |  | 222,139 |
Corporate general and administrative expense | 234 |  |  | 13,198 |  |  | 13,432 |  |  | 239 |  |  | (21,152) |  |  | (20,913) |  |  | 282 |  |  | 4,792 |  |  | 5,074 |
Impairment of assets held for sale | 145,700 |  |  | — |  |  | 145,700 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Interest expense (income), net | 159 |  |  | — |  |  | 159 |  |  | (341) |  |  | — |  |  | (341) |  |  | (354) |  |  | — |  |  | (354) |
Total cost and expenses | 339,676 |  |  | 13,198 |  |  | 352,874 |  |  | 277,318 |  |  | (21,152) |  |  | 256,166 |  |  | 222,067 |  |  | 4,792 |  |  | 226,859 |
Earnings (loss) before taxes from Disc Ops | (123,992) |  |  | (13,198) |  |  | (137,190) |  |  | (17,042) |  |  | 21,152 |  |  | 4,110 |  |  | 31,063 |  |  | (4,792) |  |  | 26,271 |
Income tax expense (benefit) | 3,957 |  |  | — |  |  | 3,957 |  |  | (3,940) |  |  | 4,447 |  |  | 507 |  |  | 6,900 |  |  | (1,064) |  |  | 5,836 |
Net earnings (loss) from Disc Ops | $ | (127,949) |  |  | $ | (13,198) |  |  | $ | (141,147) |  |  | $ | (13,102) |  |  | $ | 16,705 |  |  | $ | 3,603 |  |  | $ | 24,163 |  |  | $ | (3,728) |  |  | $ | 20,435 |
Assets and liabilities held for sale | The following summarizes information related to assets and liabilities classified as held for sale:
|  | December 31, 2020 |  | December 31, 2019
(in thousands) |  | AMECO | Other | Total from Discontinued Operations | Other Assets and Liabilities from Continuing Operations | Total |  | AMECO | Other | Total from Discontinued Operations | Other Assets and Liabilities from Continuing Operations | Total
Accounts and notes receivable, net |  | $41,988 | $10,476 | $52,464 | $64 | $52,528 |  | $69,126 | $15,925 | $85,051 | $17,513 | $102,564
Contract assets |  | 2,188 |  | — |  | 2,188 |  | — |  | 2,188 |  |  | 3,497 |  | — |  | 3,497 |  | 3,779 |  | 7,276 |
Other current assets |  | 7,098 |  | — |  | 7,098 |  | 2,712 |  | 9,810 |  |  | 54,116 |  | — |  | 54,116 |  | 8,112 |  | 62,228 |
Current assets held for sale |  | 51,274 |  | 10,476 |  | 61,750 |  | 2,776 |  | 64,526 |  |  | 126,739 |  | 15,925 |  | 142,664 |  | 29,404 |  | 172,068 |
Property, plant and equipment, net |  | 113,080 |  | — |  | 113,080 |  | 41,160 |  | 154,240 |  |  | 232,792 |  | — |  | 232,792 |  | 64,792 |  | 297,584 |
Goodwill |  | — |  | — |  | — |  | — |  | — |  |  | 12,338 |  | — |  | 12,338 |  | 9,295 |  | 21,633 |
Investments |  | — |  | — |  | — |  | 5,063 |  | 5,063 |  |  | — |  | — |  | — |  | 7,293 |  | 7,293 |
Other assets |  | 13,788 |  | — |  | 13,788 |  | — |  | 13,788 |  |  | 5,868 |  | — |  | 5,868 |  | 12,654 |  | 18,522 |
Noncurrent assets held for sale (1) |  | 126,868 |  | — |  | 126,868 |  | 46,223 |  | 173,091 |  |  | 250,998 |  | — |  | 250,998 |  | 94,034 |  | 345,032 |
Total assets held for sale |  | $178,142 | $10,476 | $188,618 | $48,999 | $237,617 |  | $377,737 | $15,925 | $393,662 | $123,438 | $517,100
Accounts payable |  | $17,355 | $ | 13 |  | $17,368 | $75 | $17,443 |  | $24,692 | $ | — |  | $24,692 | $6,702 | $31,394
Contract liabilities |  | 125 |  | — |  | 125 |  | 10 |  | 135 |  |  | 4,466 |  | — |  | 4,466 |  | 25 |  | 4,491 |
Accrued salaries, wages and benefits |  | 6,042 |  | — |  | 6,042 |  | 98 |  | 6,140 |  |  | 8,913 |  | — |  | 8,913 |  | 919 |  | 9,832 |
Other accrued liabilities |  | 11,780 |  | — |  | 11,780 |  | 327 |  | 12,107 |  |  | 9,451 |  | — |  | 9,451 |  | 11,562 |  | 21,013 |
Current liabilities held for sale |  | 35,302 |  | 13 |  | 35,315 |  | 510 |  | 35,825 |  |  | 47,522 |  | — |  | 47,522 |  | 19,208 |  | 66,730 |
Noncurrent liabilities held for sale(1) |  | 9,479 |  | — |  | 9,479 |  | — |  | 9,479 |  |  | 4,272 |  | — |  | 4,272 |  | 11,320 |  | 15,592 |
Total liabilities held for sale |  | $44,781 | $13 | $44,794 | $510 | $45,304 |  | $51,794 | $ | — |  | $51,794 | $30,528 | $82,322
(1) Noncurrent assets and liabilities held for sale were classified as current as we expect to complete the sale of the AMECO businesses within the first half of 2021.
Consolidated statements of cash flows for the discontinued operations | The changes in assets and liabilities included in operating cash flow follow:
| Year Ended December 31,
(in thousands) | 2020 | 2019 | 2018
(Increase) decrease in: |  |  |
Accounts and notes receivable, net | $ | 138,388 |  | $ | 210,419 |  | $ | (40,632) |
Contract assets | 280,360 |  | 207,467 |  | (83,774) |
Other current assets | 3,893 |  | (80,248) |  | 168,021 |
Other assets | 109,405 |  | 100,527 |  | (25,424) |
Increase (decrease) in: |  |  |
Accounts payable | (343,113) |  | (46,873) |  | 176,335 |
Contract liabilities | (53,580) |  | 202,359 |  | (307,844) |
Accrued liabilities | (11,829) |  | 29,880 |  | (75,878) |
Other liabilities | (93,723) |  | 9,496 |  | (38,536) |
Increase (decrease) in cash due to changes in assets and liabilities | $ | 29,801 |  | $ | 633,027 |  | $ | (227,732) |
Cash paid during the year for: |  |  |
Interest | $ | 65,641 |  | $ | 71,938 |  | $ | 66,514 |
Income taxes (net of refunds) | 65,188 |  | 204,080 |  | (28,408) |
Our cash flow information for 2020, 2019 and 2018 included the following activities related to AMECO Disc Ops:
|  | Year Ended December 31,
(in thousands) |  | 2020 |  | 2019 | 2018
Impairment expense - Disc Ops |  | $ | 145,700 |  |  | $ | — |  |  | $ | — |
Depreciation of fixed assets |  | — |  |  | 44,295 |  |  | 72,137 |
Amortization of stock-based awards |  | 56 |  |  | 123 |  |  | 103 |
Capital expenditures |  | (23,430) |  |  | (68,048) |  |  | (40,856) |

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