XML 32 R28.htm IDEA: XBRL DOCUMENT

DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2012

Summary of operating results of discontinued operations

	Three months ended September 30,									Three months ended September 30,
				2012									2011
	Venezuela			Canada			Total			Venezuela			Canada			Total
Revenue	$	—		$	12,628		$	12,628		$	—		$	14,658		$	14,658
Expenses and selling, general and administrative	406			10,478			10,884			388			15,917			16,305
Loss (recovery) attributable to expropriation, impairments and inventory write downs	(122,862		)	27,700			(95,162		)	677			487			1,164
Other (income) loss, net	—			(206		)	(206		)	—			839			839
Provision for (benefit from) income taxes	(14,790		)	986			(13,804		)	437			(851		)	(414		)
Income (loss) from discontinued operations, net of tax	$	137,246		$	(26,330	)	$	110,916		$	(1,502	)	$	(1,734	)	$	(3,236	)

	Nine months ended September 30,									Nine months ended September 30,
				2012									2011
	Venezuela			Canada			Total			Venezuela			Canada			Total
Revenue	$	—		$	37,868		$	37,868		$	—		$	39,713		$	39,713
Expenses and selling, general and administrative	849			38,155			39,004			979			44,640			45,619
Loss (recovery) attributable to expropriation, impairments and inventory write downs	(121,281		)	68,513			(52,768		)	2,138			487			2,625
Other (income) loss, net	—			(32		)	(32		)	(150		)	408			258
Provision for (benefit from) income taxes	(13,527		)	(1,672		)	(15,199		)	1,242			(784		)	458
Income (loss) from discontinued operations, net of tax	$	133,959		$	(67,096	)	$	66,863		$	(4,209	)	$	(5,038	)	$	(9,247	)

	September 30, 2012						December 31, 2011
	Venezuela		Canada		Total		Venezuela		Canada		Total
Cash	$	209	$	208	$	417	$	304	$	135	$	439
Accounts receivable	18		13,186		13,204		9		13,973		13,982
Inventory	—		15,313		15,313		1,017		19,590		20,607
Other current assets	37		2,272		2,309		2,683		953		3,636
Total current assets associated with discontinued operations	264		30,979		31,243		4,013		34,651		38,664
Property, plant and equipment	—		1,959		1,959		—		69,788		69,788
Intangible and other long-term assets	—		7,979		7,979		—		9,432		9,432
Total assets associated with discontinued operations	$	264	$	40,917	$	41,181	$	4,013	$	113,871	$	117,884

Accounts payable	$	539	$	3,609	$	4,148	$	589	$	5,515	$	6,104
Accrued liabilities	4,528		4,546		9,074		4,295		3,924		8,219
Deferred revenues	—		994		994		1,499		320		1,819
Total current liabilities associated with discontinued operations	5,067		9,149		14,216		6,383		9,759		16,142
Other long-term liabilities	70		588		658		14,140		548		14,688
Total liabilities associated with discontinued operations	$	5,137	$	9,737	$	14,874	$	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