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Discontinued Operations, Exit Activities, And Clinic Obligations (Tables)
 9 Months Ended
Sep. 30, 2016
Discontinued Operations, Exit Activities, and Clinic Obligations [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The following is a summary of the Company’s operating results for discontinued operations for the:







 

 

 

 

 

 

 



Three Months Ended September 30,

 

Nine Months Ended September 30,



2016

 

2015

 

2016

 

2015



 

 

 

 

 

 

 

Income before income taxes from discontinued operations

$                       - 

 

$              140 

 

$                       - 

 

$              834 

Income tax provision

 -

 

 36 

 

 -

 

 301 

Income from discontinued operations, net of tax

$                       - 

 

$                  104 

 

$                       - 

 

$                  533 





 

The following table presents the aggregate carrying amounts of the major classes of assets and liabilities included in discontinued operations as of:







 

 

 



 

September 30, 2016

ASSETS

 

 

 

Current assets:

 

 

 

Other assets

 

$

 15 



 

 

 

     Total assets

 

$

 15 



 

 

 

LIABILITIES

 

 

 

Current liabilities:

 

 

 

Accounts payable and accrued expenses

 

$

 294 

     Total current liabilities

 

 

 294 



 

 

 

Long-term lease obligations

 

 

 7 



 

 

 

     Total liabilities

 

$

 301 



Schedule of Accrued Liabilities

The following table summarizes the exit obligations, primarily for lease obligations related to closed corporate Medifast Weight Control Centers, severance accruals, and customer refunds incurred as of September 30, 2016:







 

 

 

Ending accrued balance as of December 31, 2015

 

$

 1,129 

Adjustments recorded during the period (1)

 

 

 192 

Payments during the period

 

 

 (1,020)

Ending accrued balance as of September 30, 2016

 

$

 301 





(1)- The adjustments to the accrual recorded in 2016 relate primarily to agreements reached with franchisees related to lease obligations for previously owned MWCC Corporate Centers.



These charges were recorded in the balance sheet as of September 30, 2016 as follows:







 

 

 

Total current liabilities of discontinued operations

 

$

 294 

Total long-term liabilities of discontinued operations

 

 

 7 

Ending accrued balance as of September 30, 2016

 

$

 301