Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

The following summarizes the operating results of Portamedic and the gain on sale of Portamedic which are reported in discontinued operations in the accompanying consolidated statements of operations:



	Three Months Ended						Nine Months Ended
	September 30						September 30
(in thousands)	2013			2012			2013			2012
Revenues	$	19,173		$	21,371		$	62,437		$	72,077
Loss from operations before income taxes	$	(1,958	)	$	(997	)	$	(4,709	)	$	(5,446	)
Gain on sale of Portamedic and subsidiary	$	3,543		$	—		$	3,618		65

Income taxes, which comprise margin tax expenses, relating to the operations of Portamedic were less than $0.1 million for each period

presented and there were no income taxes on the gain of the sale due to the availability of net operating loss carry forwards with a

full valuation allowance.

The assets and liabilities of Portamedic are presented separately under the captions “Assets held for sale” and “Liabilities held for sale,” respectively, in the accompanying consolidated balance sheet as of December 31, 2012 and consist of the following:



(in thousands)	December 31, 2012
Assets held for sale:
Inventories	941
Other current assets	400
Property, plant and equipment, net	2,080
Other assets	225
Total assets	$	3,646

Liabilities held for sale:
Deferred rent	104
Capital leases	116
Total liabilities	$	220

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details