XML 77 R27.htm IDEA: XBRL DOCUMENT

DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2012

Summary of operating results of discontinued operations

	Three months ended June 30,									Three months ended June 30
	2012									2011
	Venezuela			Canada			Total			Venezuela			Canada			Total
Revenue	$	—		$	13,966		$	13,966		$	—		$	13,504		$	13,504
Expenses and selling, general and administrative	271			13,826			14,097			135			14,492			14,627
Loss attributable to expropriation and impairments	1,568			40,813			42,381			148			—			148
Other (income) loss, net	—			860			860			(69		)	(94		)	(163		)
Provision for income taxes	823			(1,304		)	(481		)	355			1,613			1,968
Loss from discontinued operations, net of tax	$	(2,662	)	$	(40,229	)	$	(42,891	)	$	(569	)	$	(2,507	)	$	(3,076	)

	Six months ended June 30,									Six months ended June 30,
	2012									2011
	Venezuela			Canada			Total			Venezuela			Canada			Total
Revenue	$	—		$	25,240		$	25,240		$	—		$	25,055		$	25,055
Expenses and selling, general and administrative	443			27,677			28,120			591			28,723			29,314
Loss attributable to expropriation and impairments	1,581			40,813			42,394			1,461			—			1,461
Other (income) loss, net	—			174			174			(150		)	(431		)	(581		)
Provision for (benefit from) income taxes	1,263			(2,658		)	(1,395		)	805			67			872
Loss from discontinued operations, net of tax	$	(3,287	)	$	(40,766	)	$	(44,053	)	$	(2,707	)	$	(3,304	)	$	(6,011	)

The table below summarizes the balance sheet data for discontinued operations (in thousands):

	June 30, 2012						December 31, 2011
	Venezuela		Canada		Total		Venezuela		Canada		Total
Cash	$	480	$	94	$	574	$	304	$	135	$	439
Accounts receivable	9		14,432		14,441		9		13,973		13,982
Inventory	1,017		19,436		20,453		1,017		19,590		20,607
Other current assets	2,210		2,327		4,537		2,683		953		3,636
Total current assets associated with discontinued operations	3,716		36,289		40,005		4,013		34,651		38,664
Property, plant and equipment	—		22,035		22,035		—		69,788		69,788
Intangible and other long-term assets	—		7,053		7,053		—		9,432		9,432
Total assets associated with discontinued operations	$	3,716	$	65,377	$	69,093	$	4,013	$	113,871	$	117,884

Accounts payable	$	561	$	5,195	$	5,756	$	589	$	5,515	$	6,104
Accrued liabilities	3,922		1,997		5,919		4,295		3,924		8,219
Deferred revenues	1,499		698		2,197		1,499		320		1,819
Total current liabilities associated with discontinued operations	5,982		7,890		13,872		6,383		9,759		16,142
Other long-term liabilities	15,390		951		16,341		14,140		548		14,688
Total liabilities associated with discontinued operations	$	21,372	$	8,841	$	30,213	$	20,523	$	10,307	$	30,830

- 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+ Details