Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2015

Summary of operating results and balance sheet data for discontinued operations

The following table summarizes the operating results of discontinued operations (in thousands):

	Three Months Ended March 31, 2015									Three Months Ended March 31, 2014
	Venezuela			Contract Water Treatment Business			Total			Venezuela			Contract Water Treatment Business			Total
Revenue	$	—		$	—		$	—		$	—		$	—		$	—
Expenses and selling, general and administrative	84			72			156			124			73			197
Recovery attributable to expropriation	(16,506		)	—			(16,506		)	(16,421		)	—			(16,421		)
Other (income) loss, net	(2,321		)	—			(2,321		)	(2,386		)	(147		)	(2,533		)
Provision for (benefit from) income taxes	—			(42		)	(42		)	—			30			30
Income (loss) from discontinued operations, net of tax	$	18,743		$	(30	)	$	18,713		$	18,683		$	44		$	18,727

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

	March 31, 2015						December 31, 2014
	Venezuela		Contract Water Treatment Business		Total		Venezuela		Contract Water Treatment Business		Total
Cash	$	408	$	—	$	408	$	431	$	—	$	431
Accounts receivable	2		—		2		2		69		71
Other current assets	43		—		43		35		—		35
Total current assets associated with discontinued operations	453		—		453		468		69		537
Deferred tax assets	—		—		—		—		17,469		17,469
Total assets associated with discontinued operations	$	453	$	—	$	453	$	468	$	17,538	$	18,006

Accounts payable	$	—	$	2	$	2	$	214	$	1	$	215
Accrued liabilities	1,114		655		1,769		1,124		727		1,851
Total current liabilities associated with discontinued operations	1,114		657		1,771		1,338		728		2,066
Other long-term liabilities	340		—		340		317		—		317
Total liabilities associated with discontinued operations	$	1,454	$	657	$	2,111	$	1,655	$	728	$	2,383

- 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