Annual report pursuant to Section 13 and 15(d)

Note 8 - Divestitures and Discontinued Operations (Tables)

Note 8 - Divestitures and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Cost Incurred and Insurance Recoveries, Property Destruction and Damage [Table Text Block]

	Property & Equipment		Business Interruption and Other		Total
Costs incurred through December 31, 2014	$	4,507,000	$	4,096,000	$	8,603,000
Insurance proceeds through December 31, 2014 (1)		7,477,000		4,968,000		12,445,000
Gain on insurance recoveries	$	2,970,000	$	872,000	$	3,842,000

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Amount in Thousands	2014			2013

Net revenue	$	—		$	1,789
Interest expense		(6	)		(27	)
Operating (loss) income from discontinued operations		(2,108	)		59
Gain on insurance settlement of discontinued operations		3,842			—
Income tax expense		46			1,627
Income (loss) from discontinued operations		1,688			(1,568	)

	December 31,		December 31,
(Amounts in Thousands)	2014		2013
Current assets
Accounts receivable, net ⁽¹⁾	$	—	$	20
Inventories		—		37
Other assets		6		3,018
Total current assets		6		3,075
Long-term assets
Property, plant and equipment, net ⁽²⁾		644		1,330
Total long-term assets		644		1,330
Total assets held for sale	$	650	$	4,405
Current liabilities
Accounts payable	$	932	$	2,716
Accrued expenses and other liabilities		193		237
Note payable		—		35
Total current liabilities		1,125		2,988
Total liabilities held for sale	$	1,125	$	2,988

	December 31,		December 31,
(Amounts in Thousands)	2014		2013
Current assets
Other assets	$	14		39
Total current assets		14		39
Long-term assets
Property, plant and equipment, net ⁽¹⁾		37		37
Total long-term assets		37		37
Total assets not held for sale	$	51	$	76
Current liabilities
Accounts payable	$	15	$	15
Accrued expenses and other liabilities		269		342
Environmental liabilities		728		649
Total current liabilities		1,012		1,006
Long-term liabilities
Closure liabilities		302		220
Environmental liabilities		288		382
Total long-term liabilities		590		602
Total liabilities not held for sale	$	1,602	$	1,608

Environmental Exit Costs by Cost [Table Text Block]

	Current		Long-term		Total
	Accrual		Accrual
PFD	$	3	$	66	$	69
PFM		30		15		45
PFSG		618		207		825
PFMI		77		—		77
Total Liability	$	728	$	288	$	1,016

- 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