Discontinued Operations

12 Months Ended

Dec. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

DISCONTINUED OPERATIONS

We distributed assets and liabilities totaling $47.8 million associated with the NE segment to BWC in conjunction with the spin-off. We received corporate allocations from our former Parent as described in Note 1, which totaled $2.7 million, and $5.3 million for the years ended December 31, 2015 and 2014, respectively. Though these allocations relate to our discontinued NE segment, they are included as part of continuing operations because allocations are not eligible for inclusion in discontinued operations.

The following table presents selected financial information regarding the results of operations of our former NE segment through June 30, 2015, the date it was discontinued:

	Six Months Ended June 30,		Twelve Months Ended December 31,
(in thousands)	2015		2014
Revenues	$	53,064	$	103,690
Income (loss) before income tax expense	3,358		(19,072		)
Income tax expense (benefit)	555		(4,800		)
Income (loss) from discontinued operations, net of tax	$	2,803	$	(14,272	)