XML 39 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Financial information and Assets and Liabilities
inancial information of the Production Mail Business included in discontinued operations is as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Revenue
$
19,557

 
$
109,547

 
$
211,000

 
$
293,965

 
 
 
 
 
 
 
 
(Loss) earnings from discontinued operations
$
(1,316
)
 
$
18,700

 
$
20,304

 
$
42,345

Gain on sale, including transaction costs
86,640

 

 
77,863

 

Income from discontinued operations before taxes
85,324

 
18,700

 
98,167

 
42,345

Tax provision
55,476

 
6,779

 
58,624

 
15,275

Income from discontinued operations, net of tax
$
29,848

 
$
11,921

 
$
39,543

 
$
27,070


The major categories of assets and liabilities of the Production Mail Business included in assets of discontinued operations and liabilities of discontinued operations are as follows:
 
September 30, 2018
 
December 31, 2017
Cash and cash equivalents
$
1,026

 
$

Accounts receivable, net
2,900

 
97,402

Inventories
4,360

 
48,910

Other current assets and prepayments
188

 
3,365

Property, plant and equipment, net
578

 
5,541

Rental property and equipment, net
386

 
1,786

Goodwill
8,787

 
177,799

Other assets
48

 
45

Assets of discontinued operations
$
18,273

 
$
334,848

 
 
 
 
Accounts payable and accrued liabilities
$
2,261

 
$
36,592

Advance billings
2,534

 
30,607

Other noncurrent liabilities
5,651

 
5,609

Liabilities of discontinued operations
$
10,446

 
$
72,808