XML 24 R9.htm IDEA: XBRL DOCUMENT v3.19.2
Discontinued Operations
 6 Months Ended
Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS
NOTE 3. DISCONTINUED OPERATIONS
Astora
The operating results of the Company’s Astora business, which the Board of Directors resolved to wind-down in 2016, are reported as Discontinued operations, net of tax in the Condensed Consolidated Statements of Operations for all periods presented.
The following table provides the operating results of Astora Discontinued operations, net of tax, for the three and six months ended June 30, 2019 and 2018 (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Loss from discontinued operations before income taxes
$
(7,953
)
 
$
(8,388
)
 
$
(13,914
)
 
$
(16,139
)
Income tax benefit
$
—

 
$
—

 
$
—

 
$
—

Discontinued operations, net of tax
$
(7,953
)
 
$
(8,388
)
 
$
(13,914
)
 
$
(16,139
)

Loss from discontinued operations before income taxes includes Litigation-related and other contingencies, net, mesh-related legal defense costs and certain other items.
The cash flows from discontinued operating activities related to Astora included the impact of net losses of $13.9 million and $16.1 million for the six months ended June 30, 2019 and 2018, respectively, and the impact of cash activity related to vaginal mesh cases. There were no material net cash flows related to Astora discontinued investing activities during the six months ended June 30, 2019 or 2018. There was no depreciation or amortization during the six months ended June 30, 2019 or 2018 related to Astora.