Quarterly report pursuant to sections 13 or 15(d)

Discontinued Operations and Divestitures (Tables)

v2.4.0.8
Discontinued Operations and Divestitures (Tables)
 9 Months Ended
Sep. 30, 2013
Discontinued Operations and Divestitures [Abstract]  
Nature of expense and insurance receivables related to PFSG fire
The table below details the nature of expense as well as insurance receivables related to the fire:
Clean up costs
  
$
3,472,000
  
Impairment of fixed assets
    
123,000
  
Incremental payroll costs
    
56,000
  
Other incremental costs
    
80,000
  
Total incurred costs through September 30, 2013
  
$
3,731,000
  
 
        
Insurance recovery receivable
  
$
3,531,000
  
Insurance recoveries already received
  
$
¾
  

Results of discontinued operations
The following table summarizes the results of discontinued operations for the three and nine months ended September 30, 2013 and 2012. The operating results of discontinued operations are included in our Consolidated Statements of Operations as part of our “Loss from discontinued operations, net of taxes.”

 
  
Three Months Ended
    
Nine Months Ended
  
 
  
September 30,
    
September 30,
  
(Amounts in Thousands)
  
2013
    
2012
    
2013
    
2012
  
 
  
   
   
   
 
Net revenues
  
$
311
    
$
533
    
$
1,784
    
$
1,749
  
Interest expense
  
$
(7
)
  
$
(8
)
  
$
(20
)
  
$
(26
)
Operating loss from discontinued operations
  
$
(369
)
  
$
(98
)
  
$
(342
)
  
$
(392
)
Income tax benefit
  
$
(129
)
  
$
(37
)
  
$
(118
)
  
$
(133
)
Loss from discontinued operations
  
$
(240
)
  
$
(61
)
  
$
(224
)
  
$
(259
)