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Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Summarized Operating Results of Discontinued Operations and Assets and Liabilities Classified as Held for Sale

Summarized operating results of the discontinued operations are as follows (in thousands):

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2014     2013     2014     2013  

Net revenue

   $ 971      $ 17,789      $ 7,439      $ 128,988   

Operating expenses

     1,045        15,620        7,387        115,947   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income from operations

     (74     2,169        52        13,041   

Interest expense

     (14     (2,848     (17     (11,357

Gain (loss) on early extinguishment or restructuring of debt

     —          (21,178     —          (21,178

Interest income and other income (expense)

     (9     (70     (60     (24

Foreign currency transaction loss

     —          (37     —          (376
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) before income tax

     (97     (21,964     (25     (19,894

Income tax (expense)

     (9     474        (37     176   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income from discontinued operations

   $ (106   $ (21,490   $ (62   $ (19,718
  

 

 

   

 

 

   

 

 

   

 

 

 

Summarized assets and liabilities of the remaining portion of North America Telecom, PTI, classified as held for sale as of December 31, 2013 are as follows (in thousands):

 

     North America Telecom (1)  
     December 31, 2013  

Accounts receivable

   $ 670   

Prepaid expenses and other current assets

     839   

Long-lived assets and other non-current assets

     4,820   
  

 

 

 

Assets held for sale

   $ 6,329   
  

 

 

 

Accounts payable

   $ 869   

Accrued interconnection costs

     420   

Accrued expenses and other liabilities

     3,534   
  

 

 

 

Liabilities held for sale

   $ 4,823   
  

 

 

 

 

(1) Included in the table above is the remaining goodwill of the US reporting unit of $3.7 million and customer relationships of $0.4 million, applicable to PTI.