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Discontinued Operations | 12 Months Ended
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Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract] |
Discontinued Operations | Discontinued Operations Discontinued operations include PBMS, IMS and our Nordic furniture business, which were sold during 2013 and DIS, which was sold in 2014. Discontinued operations also include certain tax benefits related to our Capital Services business that was sold in 2006. The following tables show selected financial information included in discontinued operations:
| Year Ended December 31, 2014
| PBMS |  | IMS |  | Nordic furniture business |  | DIS |  | Total
Revenue | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 19,858 |  |  | $ | 19,858 |
(Loss) income from operations | $ | (245 | ) |  | $ | 308 |  |  | $ | 509 |  |  | $ | 2,123 |  |  | $ | 2,695 |
Gain on sale | 2,778 |  |  | 1,994 |  |  | — |  |  | 24,733 |  |  | 29,505 |
Income before taxes | 2,533 |  |  | 2,302 |  |  | 509 |  |  | 26,856 |  |  | 32,200 |
Tax (benefit) provision | (6,931 | ) |  | 851 |  |  | 141 |  |  | 18,184 |  |  | 12,245 |
Net income | $ | 9,464 |  |  | $ | 1,451 |  |  | $ | 368 |  |  | $ | 8,672 |  |  | $ | 19,955 |
Capital Services, net of tax |  |  |  |  |  |  |  |  | 13,794 |
Income from discontinued operations |  |  |  |  |  |  |  |  | $ | 33,749 |
| Year Ended December 31, 2013
| PBMS |  | IMS |  | Nordic furniture business |  | DIS |  | Total
Revenue | $ | 639,237 |  |  | $ | 23,036 |  |  | $ | 37,785 |  |  | $ | 78,066 |  |  | $ | 778,124 |
(Loss) income from operations | $ | (118,017 | ) |  | $ | (3,057 | ) |  | $ | (4,037 | ) |  | $ | 19,223 |  |  | $ | (105,888 | )
Gain (loss) on sale | 5,126 |  |  | (2,717 | ) |  | 4,562 |  |  | — |  |  | 6,971 |
(Loss) income before taxes | (112,891 | ) |  | (5,774 | ) |  | 525 |  |  | 19,223 |  |  | (98,917 | )
Tax provision (benefit) | 41,384 |  |  | (1,064 | ) |  | 149 |  |  | 5,102 |  |  | 45,571 |
Net (loss) income | $ | (154,275 | ) |  | $ | (4,710 | ) |  | $ | 376 |  |  | $ | 14,121 |  |  | $ | (144,488 | )
Capital Services, net of tax |  |  |  |  |  |  |  |  | (289 | )
Loss from discontinued operations |  |  |  |  |  |  |  |  | $ | (144,777 | )
| Year Ended December 31, 2012
| PBMS |  | IMS |  | Nordic furniture business |  | DIS |  | Total
Revenue | $ | 920,958 |  |  | $ | 135,222 |  |  | $ | 67,994 |  |  | $ | 91,351 |  |  | $ | 1,215,525 |
Income (loss) from operations | $ | 67,458 |  |  | $ | (40,084 | ) |  | $ | 2,839 |  |  | $ | 22,542 |  |  | $ | 52,755 |
Tax provision (benefit) | 29,255 |  |  | (15,003 | ) |  | 794 |  |  | 5,965 |  |  | 21,011 |
Net income (loss) | $ | 38,203 |  |  | $ | (25,081 | ) |  | $ | 2,045 |  |  | $ | 16,577 |  |  | $ | 31,744 |
Capital Services, net of tax |  |  |  |  |  |  |  |  | 34,312 |
Income from discontinued operations |  |  |  |  |  |  |  |  | $ | 66,056 |
The loss from discontinued operations in 2013 includes goodwill impairment charges of $101 million and asset impairment charges of $15 million. As a result of lower than expected operating performance of our PBMS North America business due to the loss of certain customer contracts, pricing pressure on contract renewals and a longer than originally anticipated sales cycle for some of our new growth areas, future cash flows were estimated to be lower than originally projected. Given these factors, a goodwill impairment test was performed and it was determined that the carrying value of goodwill exceeded its implied fair value. Accordingly, a goodwill impairment charge of $98 million was recognized to write-down the carrying value of goodwill to its estimated implied fair value. The fair value of PBMS North America was determined based on a combination of techniques, including external valuation data, the present value of future cash flows and applicable multiples of competitors. These inputs were classified as Level 3 in the fair value hierarchy. In 2013, we also recorded goodwill impairment charges of $2 million in connection with the sale of PBMS International and $1 million in connection with the sale of the Nordic furniture business. During 2012, in connection with our decision to exit our IMS operations, we conducted a goodwill impairment review. We determined the fair value of IMS based on third-party written offers to purchase the business as well as applying an income approach with revised cash flow projections. The inputs used to determine the fair value of IMS were classified as Level 3 in the fair value hierarchy. Based on the results of our impairment test, a goodwill impairment charge of $18 million and asset impairment charges of $17 million were recorded to write-down the carrying value of goodwill, intangible assets and other assets to their respective implied fair values.

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- Definition The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, 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 segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations). + References Reference 1: 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=6391110&loc=d3e2941-110230 Reference 2: 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 Reference 3: 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 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1012-107759 Reference 5: 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 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1020-107759 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760 Reference 8: 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 9: 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 + Details
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