v3.19.3.a.u2
DISCONTINUED OPERATIONS AND IMPAIRMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Discontinued Operations, Supplemental Income Statement Disclosures [Table Text Block]
The following is a reconciliation of the major classes of line items included in “(Loss) income from discontinued operations, net of tax” on the consolidated statements of (loss) income:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
(Thousands of Dollars)
Revenues
$
248,981

 
$
441,495

 
$
369,247

Costs and expenses:
 
 
 
 
 
Cost of revenues
220,595

 
407,256

 
318,532

Impairment losses
336,838

 

 

General and administrative expenses (excluding depreciation and amortization expense)
1,231

 
6,133

 
4,684

Other depreciation and amortization expense

 
271

 
263

Total costs and expenses
558,664

 
413,660

 
323,479

Operating (loss) income
(309,683
)
 
27,835

 
45,768

Interest income (expense), net
32

 
(1,839
)
 
(1,309
)
Other (expense) income, net
(2,775
)
 
34,674

 
(5,226
)
(Loss) income from discontinued operations before income
tax expense
(312,426
)
 
60,670

 
39,233

Income tax expense
101

 
1,251

 
2,164

(Loss) income from discontinued operations, net of tax
$
(312,527
)
 
$
59,419

 
$
37,069


Discontinued Operations, Selected Cash Flow Information [Table Text Block] The following table presents selected cash flow information associated with our discontinued operations:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
(Thousands of Dollars)
Capital expenditures
$
(27,954
)
 
$
(114,811
)
 
$
(153,785
)
 
 
 
 
 
 
Significant noncash operating activities and other adjustments:
 
 
 
 
 
Depreciation and amortization expense
$
8,536

 
$
41,982

 
$
36,040

Asset impairment losses
$
305,715

 
$

 
$

Goodwill impairment loss
$
31,123

 
$

 
$

Loss from sale of the St. Eustatius Operations
$
3,942

 
$

 
$

Loss from sale of the European Operations
$

 
$
43,366

 
$

Gain from insurance recoveries
$

 
$
(78,756
)
 
$


Disposal Groups, Including Discontinued Operations [Table Text Block]
The following is a reconciliation of the carrying amounts of the major classes of assets and liabilities included in “Assets held for sale” and “Liabilities held for sale” on the consolidated balance sheet:
 
December 31, 2018
 
(Thousands of Dollars)
Total current assets
$
54,404

Property, plant and equipment, net
513,820

Goodwill
31,123

Assets held for sale
$
599,347

 
 
Current liabilities
$
69,834