XML 54 R35.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Discontinued Operations (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract] |
Summary of operating results and balance sheet data for discontinued operations | The following table summarizes the operating results of discontinued operations (in thousands):
| Years Ended December 31,
| 2015 |  | 2014 |  | 2013
| Exterran Corporation (1) |  | Contract Water Treatment Business |  | Total |  | Exterran Corporation |  | Contract Water Treatment Business |  | Total |  | Exterran Corporation |  | Contract Water Treatment Business |  | Total
Revenue | $ | 1,424,184 |  |  | $ | — |  |  | $ | 1,424,184 |  |  | $ | 1,940,585 |  |  | $ | — |  |  | $ | 1,940,585 |  |  | $ | 2,297,632 |  |  | $ | 3,425 |  |  | $ | 2,301,057 |
Cost of sales (excluding depreciation and amortization expense) | 1,017,912 |  |  | 222 |  |  | 1,018,134 |  |  | 1,364,051 |  |  | 479 |  |  | 1,364,530 |  |  | 1,726,420 |  |  | 3,015 |  |  | 1,729,435 |
Selling, general and administrative | 171,912 |  |  | — |  |  | 171,912 |  |  | 245,103 |  |  | 30 |  |  | 245,133 |  |  | 239,322 |  |  | 337 |  |  | 239,659 |
Depreciation and amortization | 124,321 |  |  | — |  |  | 124,321 |  |  | 173,803 |  |  | — |  |  | 173,803 |  |  | 140,029 |  |  | — |  |  | 140,029 |
Long-lived asset impairment | 14,264 |  |  | — |  |  | 14,264 |  |  | 3,851 |  |  | 319 |  |  | 4,170 |  |  | 11,941 |  |  | 2,355 |  |  | 14,296 |
Restructuring charges | 43,884 |  |  | — |  |  | 43,884 |  |  | 2,159 |  |  | — |  |  | 2,159 |  |  | — |  |  | — |  |  | — |
Interest expense | 1,578 |  |  | — |  |  | 1,578 |  |  | 1,905 |  |  | — |  |  | 1,905 |  |  | 3,551 |  |  | — |  |  | 3,551 |
Equity in income of non-consolidated affiliates | (15,152 | ) |  | — |  |  | (15,152 | ) |  | (14,553 | ) |  | — |  |  | (14,553 | ) |  | (19,000 | ) |  | — |  |  | (19,000 | )
Other (income) loss, net (2) | (23,782 | ) |  | — |  |  | (23,782 | ) |  | (65,976 | ) |  | (27 | ) |  | (66,003 | ) |  | (68,115 | ) |  | 1,002 |  |  | (67,113 | )
Income (loss) from discontinued operations before income taxes | 89,247 |  |  | (222 | ) |  | 89,025 |  |  | 230,242 |  |  | (801 | ) |  | 229,441 |  |  | 263,484 |  |  | (3,284 | ) |  | 260,200 |
Provision for (benefit from) income taxes | 28,705 |  |  | (88 | ) |  | 28,617 |  |  | 86,723 |  |  | (277 | ) |  | 86,446 |  |  | 102,559 |  |  | (1,149 | ) |  | 101,410 |
Income (loss) from discontinued operations, net of tax | $ | 60,542 |  |  | $ | (134 | ) |  | $ | 60,408 |  |  | $ | 143,519 |  |  | $ | (524 | ) |  | $ | 142,995 |  |  | $ | 160,925 |  |  | $ | (2,135 | ) |  | $ | 158,790 |
(1) | Includes the results of operations of Exterran Corporation and costs directly attributable to the Spin-off.
(2) | Includes income from discontinued operations, net of tax, related to previously discontinued Venezuela and Canada operations of $56.8 million, $73.2 million, and $66.1 million for the year ended December 31, 2015, 2014, and 2013, respectively.
The following table summarizes the balance sheet data for discontinued operations (in thousands):
| December 31, 2015 |  | December 31, 2014
| Exterran Corporation |  | Contract Water Treatment Business |  | Total |  | Exterran Corporation |  | Contract Water Treatment Business |  | Total
Cash and cash equivalents | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 39,792 |  |  | $ | — |  |  | $ | 39,792 |
Restricted cash | — |  |  | — |  |  | — |  |  | 1,490 |  |  | — |  |  | 1,490 |
Accounts receivable | — |  |  | — |  |  | — |  |  | 398,072 |  |  | 69 |  |  | 398,141 |
Inventory | — |  |  | — |  |  | — |  |  | 257,785 |  |  | — |  |  | 257,785 |
Costs and estimated earnings in excess of billings on uncompleted contracts | — |  |  | — |  |  | — |  |  | 120,938 |  |  | — |  |  | 120,938 |
Other current assets | 420 |  |  | — |  |  | 420 |  |  | 54,012 |  |  | — |  |  | 54,012 |
Total current assets associated with discontinued operations | 420 |  |  | — |  |  | 420 |  |  | 872,089 |  |  | 69 |  |  | 872,158 |
Property, plant and equipment | — |  |  | — |  |  | — |  |  | 954,811 |  |  | — |  |  | 954,811 |
Intangibles and other assets, net | 5,714 |  |  | — |  |  | 5,714 |  |  | 238,767 |  |  | — |  |  | 238,767 |
Deferred income taxes | — |  |  | 15,486 |  |  | 15,486 |  |  | — |  |  | 17,469 |  |  | 17,469 |
Total assets associated with discontinued operations | $ | 6,134 |  |  | $ | 15,486 |  |  | $ | 21,620 |  |  | $ | 2,065,667 |  |  | $ | 17,538 |  |  | $ | 2,083,205 |
Accounts payable | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 162,040 |  |  | $ | 1 |  |  | $ | 162,041 |
Accrued liabilities | — |  |  | — |  |  | — |  |  | 169,066 |  |  | 727 |  |  | 169,793 |
Deferred income taxes | 420 |  |  | — |  |  | 420 |  |  | — |  |  | — |  |  | — |
Deferred revenue | — |  |  | — |  |  | — |  |  | 64,820 |  |  | — |  |  | 64,820 |
Billings on uncompleted contracts in excess of costs and estimated earnings | — |  |  | — |  |  | — |  |  | 76,277 |  |  | — |  |  | 76,277 |
Total current liabilities associated with discontinued operations | 420 |  |  | — |  |  | 420 |  |  | 472,203 |  |  | 728 |  |  | 472,931 |
Long-term debt | — |  |  | — |  |  | — |  |  | 1,107 |  |  | — |  |  | 1,107 |
Deferred income taxes | 5,714 |  |  | — |  |  | 5,714 |  |  | 39,100 |  |  | — |  |  | 39,100 |
Other long-term liabilities | — |  |  | — |  |  | — |  |  | 68,876 |  |  | — |  |  | 68,876 |
Total liabilities associated with discontinued operations | $ | 6,134 |  |  | $ | — |  |  | $ | 6,134 |  |  | $ | 581,286 |  |  | $ | 728 |  |  | $ | 582,014 |

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration