Discontinued Operations (Tables)

6 Months Ended

May 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Summary of results of discontinued operations

A summary of the results of discontinued operations for National Beef for the three and six months ended June 30, 2018 through the June 5, 2018 transaction with Marfrig is as follows (in thousands):

	For the Three Months Ended June 30, 2018		For the Six Months Ended June 30, 2018
Revenues:
Beef processing services	$	1,355,691	$	3,137,611
Interest income	63		131
Other	959		4,329
Total revenues	1,356,713		3,142,071
Expenses:
Compensation and benefits	7,207		17,414
Cost of sales	1,214,207		2,884,983
Interest expense	2,207		4,316
Depreciation and amortization	18,440		43,959
Selling, general and other expenses	6,435		14,291
Total expenses	1,248,496		2,964,963
Income from discontinued operations before income taxes	108,217		177,108
Income tax provision	31,111		47,045
Income from discontinued operations, net of income tax provision	$	77,106	$	130,063