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Discontinued Operations (Tables) | 9 Months Ended
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Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | The following table presents the financial results of discontinued operations (in thousands):
| Quarter ended Sept. 30, |  | Nine months ended Sept. 30,
| 2017 (1) |  | 2016 |  | 2017 (1) |  | 2016 (2)
Operating revenues | $ | 54,874 |  |  | $ | 340,649 |  |  | $ | 647,021 |  |  | $ | 999,929 |
Cost of revenue and SG&A expenses | 60,301 |  |  | 228,152 |  |  | 522,287 |  |  | 708,815 |
Depreciation | — |  |  | 9,421 |  |  | 19,569 |  |  | 24,843 |
Amortization | — |  |  | 23,385 |  |  | 40,300 |  |  | 68,159 |
Loss on sale of CareerBuilder | (1,872 | ) |  | — |  |  | 342,900 |  |  | — |
Total operating expenses | 58,429 |  |  | 260,958 |  |  | 925,056 |  |  | 801,817 |
Total operating (loss) income | (3,555 | ) |  | 79,691 |  |  | (278,035 | ) |  | 198,112 |
Non-operating income (expense) | 647 |  |  | (3,304 | ) |  | (1,078 | ) |  | (8,989 | )
(Loss) income from discontinued operations, before income taxes | (2,908 | ) |  | 76,387 |  |  | (279,113 | ) |  | 189,123 |
Provision for income taxes | (7,895 | ) |  | (19,689 | ) |  | 45,852 |  |  | (56,982 | )
(Loss) income from discontinued operations, net of tax | $ | (10,803 | ) |  | $ | 56,698 |  |  | $ | (233,261 | ) |  | $ | 132,141 |
(1) The quarter and nine months ended September 30, 2017 include CareerBuilder’s operations through the date of sale on July 31, 2017. Cars.com operations are included in the nine months ended September 30, 2017 through the date of spin-off on May 31, 2017.
(2) The nine months ended September 30, 2016 include approximately $7.5 million of net loss from discontinued operations related to the operations of our former Sightline business through the date of sale on March 18, 2016.
The carrying value of the assets and liabilities of our former Digital Segment’s discontinued operations as of December 31, 2016 were as follows (in thousands):
| Dec. 31, 2016
ASSETS |
Cash and cash equivalents | $ | 61,041 |
Accounts receivable, net | 214,171 |
Property and equipment, net | 74,695 |
Goodwill | 1,488,112 |
Other Intangibles, net | 1,718,592 |
Other assets | 71,193 |
Total assets | $ | 3,627,804 |
LIABILITIES |
Accounts payable | $ | 166,853 |
Deferred revenue | 110,071 |
Deferred tax liability | 280,264 |
Other liabilities | 66,969 |
Total liabilities | $ | 624,157 |
In our Consolidated Statements of Cash Flows, the cash flows from discontinued operations are not separately classified. As such, major categories of discontinued operation cash flows for the nine months ended September 30, 2017 and 2016 are presented below (in thousands):
| Nine months ended Sept. 30,
| 2017 (1) |  | 2016
Depreciation | $ | 19,569 |  |  | $ | 24,843 |
Amortization | 40,300 |  |  | 68,159 |
Capital expenditures | 37,441 |  |  | 38,825 |
Payments for acquisitions, net of cash acquired | $ | — |  |  | $ | 196,750 |
(1) The nine months ended September 30, 2017 includes Cars.com through the spin-off date of May 31, 2017 and CareerBuilder’s operations through the date of sale on July 31, 2017.

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: 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=64827811&loc=d3e1474-107760 Reference 4: 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=64827811&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 + Details
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