DISCONTINUED OPERATION (Tables)

3 Months Ended

Mar. 31, 2012

Selected Financial Information Regarding Results of Operations of Charter Fleet Business

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

		$xxx,xxx		$xxx,xxx
	Three Months Ended March 31,
	2012⁽¹⁾		2011
	(Unaudited) (In thousands)
Revenues	$	8,184	$	9,504

Gain on disposal of discontinued operations		257		—
Income before provision for income taxes		3,240		2,411

		3,497		2,411
Provision for income taxes		—		(749	)

Income from discontinued operations, net of tax	$	3,497	$	1,662

⁽¹⁾	Includes the charter fleet operations through March 19, 2012.

Carrying Values of 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:


	March 31, 2012		December 31, 2011
	(Unaudited)
	(In thousands)
Other assets	$	—	$	3,197

Property, plant and equipment—net		—		45,892
Other assets		—		9,679

Total long-term assets held for sale	$	—	$	55,571

- Definition

Tabular disclosure of long lived assets held for sale. Disclosure may include the description of the facts and circumstances leading to the expected disposal, manner and timing of disposal, the carrying value of the assets held for sale, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss).

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