DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Summary of carrying value of net assets

As of the August 27, 2015 closing date of the sale of the PBM Business, the carrying value of the net assets of the PBM Business was as follows (in thousands):

	Carrying Value
Net accounts receivable	$	7,163
Total current assets	7,163
Property and equipment, net	175
Goodwill	12,744
Total assets	20,082
Amounts due to plan sponsors	6,950
Total liabilities	6,950
Net assets	$	13,132

As of the March 31, 2014 closing date of the sale of the Home Health Business, the carrying value of the net assets of the Subject Companies was as follows (in thousands):

	Carrying Value
Net accounts receivable	$	12,597
Prepaid expenses and other current assets	242
Total current assets	12,839
Property and equipment, net	402
Goodwill	33,784
Intangible assets	15,400
Other non-current assets	28
Total assets	62,453
Accounts payable	673
Amounts due to plan sponsors	229
Accrued expenses and other current liabilities	3,008
Total liabilities	3,910
Net assets	$	58,543

Summary of operating results

The operating results included in discontinued operations of the PBM Business for the years ended December 31, 2016, 2015 and 2014 are summarized as follows (in thousands):

	Year Ended December 31,
	2016			2015			2014
Revenue	$	—		$	44,375		$	61,401
Gross profit	$	—		$	9,763		$	17,635
Other operating expenses	1,015			5,444			10,878
Bad debt expense	—			(45		)	27
(Loss) income from operations	(1,015		)	4,364			6,730
Gain on sale before income taxes	—			(11,424		)	—
Financial advisory fee and legal expenses	614			1,731			—
Other income and expenses, net	(326		)	1,898			(6		)
(Loss) income before income taxes	(1,303		)	12,159			6,736
Income tax expense	—			206			198
(Loss) income from discontinued operations, net of income taxes	$	(1,303	)	$	11,953		$	6,538

The operating results included in discontinued operations of the Home Health Business for the years ended December 31, 2016, 2015 and 2014 are summarized as follows (in thousands):

	Year Ended December 31,
	2016			2015			2014
Revenue	$	—		$	—		$	18,551
Gross profit	$	—		$	—		$	6,918
Other operating expenses	—			417			8,219
Bad debt expense	—			—			902
Loss from operations	—			(417		)	(2,203		)
Gain on sale before income taxes	—			—			(2,067		)
Financial advisor fee and legal expenses	(44		)	—			2,875
Impairment of assets	—			—			452
Other costs and expenses	(118		)	861			47
Income (loss) before income taxes	162			(1,278		)	(3,510		)
Income tax expense (benefit)	—			—			(4,257		)
Income (loss) from discontinued operations, net of income taxes	$	162		$	(1,278	)	$	747

The operating results included in discontinued operations of the divested traditional and specialty pharmacy mail operations and community pharmacies for the years ended December 31, 2016, 2015 and 2014 are summarized as follows (in thousands):

	Year Ended December 31,
	2016			2015			2014
Revenue	$	—		$	—		$	—
Gross profit	$	—		$	—		$	(439	)
Other operating expenses	185			4,485			3,995
Legal fees and settlement expense	2			1,312			—
Other (income) expense, including gain on sale	17			1,157			399
Loss from discontinued operations, net of income taxes	$	(204	)	$	(6,954	)	$	(4,833	)