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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
Year Ended December 31:
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
Revenue:
 
 
 
 
 
 
Product revenue
 
$
32,315

 
$
47,649

 
$
38,095

Service revenue
 
30,274

 
37,869

 
37,541

Total revenue
 
62,589

 
85,518

 
75,636

Cost of Revenue:
 
 
 
 
 
 
Cost of product
 
28,472

 
42,883

 
35,575

Cost of services
 
24,181

 
29,458

 
29,138

Total cost of revenue
 
52,653

 
72,341

 
64,713

Gross profit
 
9,936

 
13,177

 
10,923

Selling, general and administrative (1) 
 
6,574

 
7,615

 
6,297

Operating income
 
3,362

 
5,562

 
4,626

Interest expense
 
(124
)
 
(305
)
 
(355
)
Cumulative translation loss recognized upon sale of Tecnonet
 
(2,180
)
 

 

Other expense, net
 
(307
)
 
(444
)
 
(193
)
Income from discontinued operations before income taxes
 
751

 
4,813

 
4,078

Provision for income taxes
 
1,311

 
2,430

 
1,542

Income from discontinued operations, net of tax
 
(560
)
 
2,383

 
2,536

Gain on sale of Tecnonet, net of tax
 
189

 

 

Net income (loss) from discontinued operations, net of income taxes
 
$
(371
)
 
$
2,383

 
$
2,536

(1) Includes Transaction costs of $0.8 million in 2015.


The assets and liabilities of Tecnonet that are reflected in the consolidated balance sheet as of December 31, 2015 and 2014 consisted of (in thousands):
Year Ended December 31:
 
2015
 
2014
Assets
 
 
 
 
Current assets:
 
 
 
 
Cash and cash equivalents
 
$

 
$
6,280

Accounts receivable, net
 

 
25,981

Other receivables
 

 
10,458

Inventories, net
 

 
9,873

Other current assets
 

 
3,823

Total current assets
 

 
56,415

Property and equipment, net
 

 
358

Other assets
 

 
89

Total assets
 
$

 
$
56,862

 
 
 
 
 
Liabilities
 
 
 
 
Current liabilities:
 
 
 
 
Short-term debt
 
$

 
$
5,402

Accounts payable
 

 
17,173

Accrued liabilities
 

 
3,988

Deferred revenue
 

 
4,816

Total current liabilities
 

 
31,379

Other long-term liabilities (1)
 

 
952

Total Liabilities
 
$

 
$
32,331


(1) Excludes intercompany obligation of $5.0 million that was eliminated upon consolidation.