DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2011

Selected Financial Information Regarding the Results of Operations Attributable to Charter Fleet Business

The following table presents selected financial information regarding the results of operations attributable to our charter fleet business:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
	(Unaudited) (In thousands)
Revenues	$	11,062	$	17,921	$	20,566	$	32,582
Income before provision for income taxes		2,330		3,261		4,741		6,404
Provision for income taxes		720		415		1,469		1,519
Income from discontinued operations, net of tax	$	1,610	$	2,846	$	3,272	$	4,885

Carrying Values of the Major Classes of Assets and Liabilities Held for Sale Included in Condensed Consolidated Balance Sheets

The following table presents the carrying values of the major classes of assets and liabilities held for sale that are included in our unaudited condensed consolidated balance sheets:

	June 30, 2011		December 31, 2010
	(Unaudited)
	(In thousands)
Cash	$	1,968	$	1,426
Accounts receivable – net		8,357		5,253
Other assets		3,550		3,482
Total current assets held for sale		13,875		10,161
Property, plant and equipment – net		69,401		68,595
Other assets		8,709		8,555
Total long-term assets held for sale		78,110		77,150
Total assets held for sale	$	91,985	$	87,311
Accounts payable and accrued liabilities	$	8,372	$	8,748
Other liabilities		14,540		12,154
Total liabilities associated with assets held for sale	$	22,912	$	20,902

Selected Financial Information Regarding the Results of Operations of Former B&W Business

The following table presents selected financial information regarding the results of operations of our former B&W business for the three-month and six-month periods ended June 30, 2010. Loss on disposal of discontinued operations represents costs incurred in connection with the B&W spin-off.

	Three Months Ended June 30, 2010			Six Months Ended June 30, 2010
	(Unaudited) (In thousands)
Revenues	$	688,496		$	1,350,884
Loss on disposal of discontinued operations		(66,218	)		(90,420	)
Income before provision for income taxes		81,267			118,138
		15,049			27,718
Provision for income taxes		20,552			26,881
Income (loss) from discontinued operations, net of tax	$	(5,503	)	$	837