Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2015

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, 2015									Three Months Ended June 30, 2014
	Venezuela			Contract Water Treatment Business			Total			Venezuela			Contract Water Treatment Business			Total
Revenue	$	—		$	—		$	—		$	—		$	—		$	—
Expenses and selling, general and administrative	150			187			337			121			104			225
Recovery attributable to expropriation	(476		)	—			(476		)	(16,563		)	—			(16,563		)
Other (income) loss, net	(53		)	—			(53		)	(1,472		)	120			(1,352		)
Benefit from income taxes	—			(62		)	(62		)	—			(79		)	(79		)

Income (loss) from discontinued operations, net of tax	$	379		$	(125	)	$	254		$	17,914		$	(145	)	$	17,769

	Six Months Ended June 30, 2015									Six Months Ended June 30, 2014
	Venezuela			Contract Water Treatment Business			Total			Venezuela			Contract Water Treatment Business			Total
Revenue	$	—		$	—		$	—		$	—		$	—		$	—
Expenses and selling, general and administrative	234			259			493			245			177			422
Recovery attributable to expropriation	(16,982		)	—			(16,982		)	(32,984		)	—			(32,984		)
Other (income) loss, net	(2,374		)	—			(2,374		)	(3,858		)	(27		)	(3,885		)
Benefit from income taxes	—			(104		)	(104		)	—			(49		)	(49		)

Income (loss) from discontinued operations, net of tax	$	19,122		$	(155	)	$	18,967		$	36,597		$	(101	)	$	36,496

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

	June 30, 2015						December 31, 2014
	Venezuela		Contract Water Treatment Business		Total		Venezuela		Contract Water Treatment Business		Total
Cash	$	358	$	—	$	358	$	431	$	—	$	431
Accounts receivable	—		—		—		2		69		71
Other current assets	39		—		39		35		—		35

Total current assets associated with discontinued operations	397		—		397		468		69		537
Deferred tax assets	—		16,506		16,506		—		17,469		17,469

Total assets associated with discontinued operations	$	397	$	16,506	$	16,903	$	468	$	17,538	$	18,006


Accounts payable	$	—	$	—	$	—	$	214	$	1	$	215
Accrued liabilities	769		160		929		1,124		727		1,851

Total current liabilities associated with discontinued operations	769		160		929		1,338		728		2,066
Other long-term liabilities	154		—		154		317		—		317

Total liabilities associated with discontinued operations	$	923	$	160	$	1,083	$	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.

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