Discontinued Operations (Tables)

9 Months Ended

Sep. 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 September 30, 2013									Three Months Ended September 30, 2012
	Venezuela			Canada			Total			Venezuela			Canada			Total
Revenue	$	—		$	—		$	—		$	—		$	12,628		$	12,628
Expenses and selling, general and administrative	423			—			423			406			10,478			10,884
Loss (recovery) attributable to expropriation and impairments	(16,489		)	—			(16,489		)	(122,862		)	27,700			(95,162		)
Other (income) loss, net	(847		)	(598		)	(1,445		)	—			(206		)	(206		)
Provision for (benefit from) income taxes	—			—			—			(14,790		)	986			(13,804		)
Income (loss) from discontinued operations, net of tax	$	16,913		$	598		$	17,511		$	137,246		$	(26,330	)	$	110,916

	Nine Months Ended September 30, 2013									Nine Months Ended September 30, 2012
	Venezuela			Canada			Total			Venezuela			Canada			Total
Revenue	$	—		$	24,458		$	24,458		$	—		$	37,868		$	37,868
Expenses and selling, general and administrative	731			21,810			22,541			849			38,155			39,004
Loss (recovery) attributable to expropriation and impairments	(49,916		)	6,000			(43,916		)	(121,281		)	68,513			(52,768		)
Other (income) loss, net	(3,439		)	(86		)	(3,525		)	—			(32		)	(32		)
Provision for (benefit from) income taxes	—			172			172			(13,527		)	(1,672		)	(15,199		)
Income (loss) from discontinued operations, net of tax	$	52,624		$	(3,438	)	$	49,186		$	133,959		$	(67,096	)	$	66,863

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

	September 30, 2013		December 31, 2012
	Venezuela		Venezuela		Canada		Total
Cash	$	87	$	113	$	791	$	904
Accounts receivable	5		17		9,148		9,165
Inventory	—		—		9,826		9,826
Other current assets	10		41		1,810		1,851
Total current assets associated with discontinued operations	102		171		21,575		21,746
Total assets associated with discontinued operations	$	102	$	171	$	21,575	$	21,746

Accounts payable	$	367	$	499	$	3,345	$	3,844
Accrued liabilities	1,997		4,335		2,724		7,059
Deferred revenue	—		—		669		669
Total current liabilities associated with discontinued operations	2,364		4,834		6,738		11,572
Other long-term liabilities	396		455		589		1,044
Total liabilities associated with discontinued operations	$	2,760	$	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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