DISPOSITIONS AND OTHER ITEMS (Tables)

12 Months Ended

Dec. 31, 2012

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

The following table presents the carrying values of the major classes of assets and liabilities attributable to our former charter fleet business that are included in our consolidated balance sheet:

	December 31, 2011
	(In thousands)
Other current assets	$	3,197
Property, plant and equipment—net		45,892
Other long-term assets		9,679
Total long-term assets held for sale	$	55,571

Babcock and Wilcox Company

Selected Financial Information Regarding Results of Operations

The following table presents selected financial information regarding the results of operations of our former B&W business:

	Year Ended December  31, 2010(1)
	(In thousands)
Revenues	$	1,524,424
Loss on disposal of discontinued operations, before taxes		(95,621	)
Income before provision for income taxes		105,796
		10,175
Provision for income taxes		(22,755	)
Income (loss) from discontinued operations, net of tax	$	(12,580	)

(1) Includes the B&W operations through July 30, 2010.

Charter Fleet Business

Selected Financial Information Regarding Results of Operations

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

	Year Ended December 31,
	2012		2011			2010
	(In thousands)
Revenues	$	8,184	$	44,849		$	57,528
Loss on disposal of discontinued operations, before taxes		257		(21,934	)		(27,690	)
Income before provision for income taxes		3,240		10,030			8,081
		3,497		(11,904	)		(19,609	)
Provision for income taxes		—		(2,908	)		(2,711	)
Income (loss) from discontinued operations, net of tax	$	3,497	$	(14,812	)	$	(22,320	)