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Discontinued Operations, Exit Activities, And Clinic Obligations (Tables)
 12 Months Ended
Dec. 31, 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 years ended December 31, 2016, 2015, and 2014:



 

 

 

 

 

 

 

 

 



 

 

 



 

2016

 

2015

 

2014



 

 

 

 

 

 

 

 

 

Revenue

 

$

 -

 

$

 -

 

$

 22,509 

Income before income taxes from discontinued operations

 

 

 -

 

 

 878 

 

 

 (13,150)

Income tax provision

 

 

 -

 

 

 387 

 

 

 (5,302)

Income from discontinued operations, net of tax

 

$

 -

 

$

 491 

 

$

 (7,848)

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





 

 

 

 

 



 

 

 

December 31, 2016

ASSETS

 

 

 

 

 

Current assets:

 

 

 

 

 

Other assets

 

 

 

$

 4 



 

 

 

 

 

     Total assets

 

 

 

$

 4 



 

 

 

 

 

LIABILITIES

 

 

 

 

 

Current liabilities:

 

 

 

 

 

Accounts payable and accrued expenses

 

 

 

$

 121 



 

 

 

 

 

     Total liabilities

 

 

 

$

 121 



 

 

 

 

 



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 December 31, 2016:







 

 

 

Accrued balance as of December 31, 2014

 

$

 6,534 

Adjustments recorded during the year (1)

 

 

 (1,483)

Payments during the year

 

 

 (3,922)

Accrued balance as of December 31, 2015

 

$

 1,129 

Adjustments recorded during the year (1)

 

 

 134 

Payments during the year

 

 

 (1,142)

Accrued balance as of December 31, 2016

 

$

 121 



 

 

 

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