DISPOSITIONS (Tables)

9 Months Ended

Sep. 30, 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 charter fleet business:


	Three Months Ended September 30,					Nine Months Ended September 30,
	2012		2011			2012⁽¹⁾		2011⁽²⁾
	(Unaudited) (In thousands)
Revenues	$	—	$	13,404		$	8,184	$	33,970

Income before provision for income taxes		—		2,004			3,497		6,745

Provision for income taxes		—		(817	)		—		(2,286	)

Income from discontinued operations, net of tax	$	—	$	1,187		$	3,497	$	4,459

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

(2)	Amounts presented exclude a $2.0 million recovery of an environmental reserve associated with our 2006 sale of Talleres Navales del Golfo, S.A. de C.V.

Carrying Values of Major Classes of Assets and Liabilities Held for Sale included in Condensed Consolidated Balance Sheet

The following table presents the carrying values of the major classes of assets and liabilities held for sale that are included in our condensed consolidated balance sheet as of December 31, 2011:


	December 31, 2011
	(In thousands)
Other current 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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