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Discontinued operations (Tables)
 12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Disposal of Discontinued Activity

The following financial information presents the results of operations of the Advertising Business for the year ended December 31, 2015.

 

(In thousands)    Year Ended
December 31, 2015		  

Revenue

    $ 218   

Pretax loss from operations of discontinued operations

    $ (1,236 ) 

Pretax loss on disposal of discontinued operations

      (41,095 ) 

Income tax expenses

      127  

Less: Non-controlling interests

      (508 ) 
  

 

 

  

Net loss from discontinued operations

    $ (41,950 ) 
  

 

 

  
Schedule of Gain (Loss) on Disposal Activity

Included in the net loss from discontinued operations, the Company recorded a loss on disposal of the Advertising Business of $41,095 for the year ended December 31, 2015, the majority of which are non-cash charges, pursuant to the following:

 

(In thousands)    Year Ended
December 31, 2015		  

Write-off of goodwill

    $ (35,472 ) 

Write-off of intangible assets

      (4,080 ) 

Write-off of long-term deferred assets

      (517 ) 

Lease agreements early termination compensation expenses

      (1,211 ) 

Employee severance compensation expenses

      (191 ) 

Gain on write-off of acquisition consideration payable

      463   

Loss on disposal of equity interests

      (87 ) 
  

 

 

  

Loss on disposal of discontinued operations

    $ (41,095 )