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Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Income from discontinued operations, net of tax, for the three months ended March 31, 2017 was as follows:
(in thousands)
March 31, 2017
Remote accommodations revenue
$
27,078

Remote accommodations costs of leasing and services
11,575

Depreciation of rental equipment
6,423

Gross profit
9,080

Selling, general and administrative expenses
3,032

Other depreciation and amortization
1,251

Restructuring costs
390

Other income, net
(3
)
Operating profit
4,410

Interest expense
681

Income from discontinued operations, before income tax
3,729

Income tax expense
1,524

Income from discontinued operations, net of tax
$
2,205


Revenues and costs related to the Remote Accommodations Business for the three months ended March 31, 2017 were as follows:
(in thousands)
March 31, 2017
Remote accommodations revenue:
 
Lease revenue
$
13,964

Service revenue
13,114

Total remote accommodations revenue
$
27,078

 
 
Remote accommodation costs:
 
Cost of leases
$
2,177

Cost of services
9,398

Total remote accommodations costs
$
11,575


Cash flows from the Company’s discontinued operations are included in the condensed consolidated statements of cash flows. The significant cash flow items from discontinued operations for the three months ended March 31, 2017 were as follows:
(in thousands)
March 31, 2017
Depreciation and amortization
$
7,674

Capital expenditures
$
2,280