XML 52 R36.htm IDEA: XBRL DOCUMENT v3.6.0.2
Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations Financial Statement Impact
The following table presents depreciation, capital expenditures, and significant operating and investing non-cash items related to the discontinued operations:
 
Years Ended December 31,
 
2016
 
2015
 
2014
Depreciation expense
$
—

 
$
391

 
$
1,132

Purchases of property and equipment
—

 
(547
)
 
(704
)
Proceeds from insurance recovery
—

 
—

 
216

Gain on insurance recovery
—

 
—

 
(165
)
Stock-based compensation
—

 
208

 
159

Changes in deferred rent
—

 
(133
)
 
(187
)
Equipment purchases in accounts payable and accrued expenses
—

 
—

 
34

Impairment of fixed asset
—

 
—

 
51

The following table presents revenue, (expenses), gains, and (losses) attributable to discontinued operations:
 
 
Years Ended December 31,
 
 
2016
 
2015
 
2014
Major line items constituting income of discontinued operations:
 
 
 
 
 
 
Total revenue
 
$
—

 
$
7,408

 
$
17,768

Cost of revenue
 
—

 
(7,296
)
 
(15,446
)
Research and development
 
—

 
(860
)
 
—

Selling, general, and administrative
 
—

 
—

 
48

Gain on insurance recovery
 
—

 
—

 
165

Severance and exit costs
 
—

 
(2,114
)
 
—

Impairment charge from classification of assets as held for sale
 
—

 
(1,350
)
 
—

Gain (loss) on disposal, net of associated transaction costs of $764
 
—

 
(73
)
 
—

Income tax expense
 
—

 
—

 
(1,166
)
Loss (income) from discontinued operations, net of income tax expense
 
$
—

 
$
(4,285
)
 
$
1,369

The following table describes the net proceeds from the sale and the assets and liabilities sold, net of impairment charges and loss on disposal:
 
 
July 16, 2015
Net proceeds from sale of the Services Business
 
 
Net cash consideration received at closing
 
$
2,549

Consideration in escrow
 
500

Total consideration
 
3,049

Less: selling costs
 
764

Proceeds from sale, net of selling costs
 
$
2,285

 
 
 
Services Business assets and liabilities disposed of on July 16, 2015
 
 
Accounts and unbilled receivables, net
 
$
1,470

Prepaid expenses and other current assets
 
713

Property and equipment, net of accumulated depreciation
 
4,900

Other assets
 
59

Assets of Services Business, net
 
$
7,142

 
 
 
Accounts payable and accrued expenses
 
$
616

Deferred revenue
 
1,657

Deferred rent
 
1,161

Liabilities related to assets of the Services Business
 
$
3,434

 
 
 
Assets of the Services Business, net of liabilities
 
$
3,708

Less: Impairment charge recognized upon classification as held for sale
 
1,350

Less: Loss on disposal
 
73

Assets of the Services Business, net of liabilities and impairment charges
 
$
2,285