Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2013

Summary of operating results and balance sheet data for discontinued operations

The following tables summarize the operating results of discontinued operations (in thousands):

	Three months ended June 30, 2013									Three months ended June 30, 2012
	Venezuela			Canada			Total			Venezuela			Canada			Total
Revenue	$	—		$	13,630		$	13,630		$	—		$	13,966		$	13,966
Expenses and selling, general and administrative	81			10,771			10,852			271			13,826			14,097
Loss (recovery) attributable to expropriation and impairments	(228		)	3,924			3,696			1,568			40,813			42,381
Other (income) loss, net	—			478			478			—			860			860
Provision for (benefit from) income taxes	—			179			179			823			(1,304		)	(481		)
Income (loss) from discontinued operations, net of tax	$	147		$	(1,722	)	$	(1,575	)	$	(2,662	)	$	(40,229	)	$	(42,891	)

	Six months ended June 30, 2013									Six months ended June 30, 2012
	Venezuela			Canada			Total			Venezuela			Canada			Total
Revenue	$	—		$	24,458		$	24,458		$	—		$	25,240		$	25,240
Expenses and selling, general and administrative	308			21,810			22,118			443			27,677			28,120
Loss (recovery) attributable to expropriation and impairments	(33,427		)	6,000			(27,427		)	1,581			40,813			42,394
Other (income) loss, net	(2,592		)	512			(2,080		)	—			174			174
Provision for (benefit from) income taxes	—			172			172			1,263			(2,658		)	(1,395		)
Income (loss) from discontinued operations, net of tax	$	35,711		$	(4,036	)	$	31,675		$	(3,287	)	$	(40,766	)	$	(44,053	)

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

	June 30, 2013						December 31, 2012
	Venezuela		Canada		Total		Venezuela		Canada		Total
Cash	$	98	$	9	$	107	$	113	$	791	$	904
Accounts receivable	2		10,740		10,742		17		9,148		9,165
Inventory	—		10,556		10,556		—		9,826		9,826
Other current assets	12		1,873		1,885		41		1,810		1,851
Total current assets associated with discontinued operations	112		23,178		23,290		171		21,575		21,746
Total assets associated with discontinued operations	$	112	$	23,178	$	23,290	$	171	$	21,575	$	21,746

Accounts payable	$	367	$	4,035	$	4,402	$	499	$	3,345	$	3,844
Accrued liabilities	1,995		2,838		4,833		4,335		2,724		7,059
Deferred revenue	—		422		422		—		669		669
Total current liabilities associated with discontinued operations	2,362		7,295		9,657		4,834		6,738		11,572
Other long-term liabilities	368		570		938		455		589		1,044
Total liabilities associated with discontinued operations	$	2,730	$	7,865	$	10,595	$	5,289	$	7,327	$	12,616

- 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.

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