Quarterly report pursuant to Section 13 or 15(d)

CHANGES IN BUSINESS (Tables)

v3.20.2
CHANGES IN BUSINESS (Tables)
6 Months Ended
Jun. 30, 2020
Discontinued operations, held-for-sale or disposed of by sale  
Schedule of Financial Information of Disposal Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

  

June 30, 2020

 

December 31, 2019

Liabilities:

 

 

 

 

 

 

Other current liabilities

 

$

339

 

$

340

Current liabilities of discontinued operations

 

 

339

 

 

340

Liability for pension obligation

 

 

2,730

 

 

2,708

Liability for uncertain tax positions

 

 

1,692

 

 

1,778

Long-term liabilities of discontinued operations

 

 

4,422

 

 

4,486

Total liabilities of discontinued operations

 

$

4,761

 

$

4,826

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

(in thousands)

  

2020

  

2019

 

2020

  

2019

General and administrative expenses

 

$

 5

 

$

 4

 

$

 6

 

$

14

Loss on disposal - Electrical Solutions

 

 

45

 

 

 —

 

 

45

 

 

 —

Interest expense

 

 

52

 

 

53

 

 

105

 

 

107

Loss from discontinued operations before income tax

 

 

(102)

 

 

(57)

 

 

(156)

 

 

(121)

Income tax benefit

 

 

(98)

 

 

(776)

 

 

(80)

 

 

(748)

Income (loss) from discontinued operations 

 

$

(4)

 

$

719

 

$

(76)

 

$

627