Williams Industrial Services Group Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

CHANGES IN BUSINESS (Tables)

CHANGES IN BUSINESS (Tables)

6 Months Ended

Jun. 30, 2022

Discontinued operations disposed of by sale

Schedule of Financial Information of Disposal Group



(in thousands)	June 30, 2022		December 31, 2021
Liabilities:
Current liabilities of discontinued operations	$	104	$	316
Liability for pension obligation		2,287		2,368
Liability for uncertain tax positions		1,236		1,882
Long-term liabilities of discontinued operations		3,523		4,250
Total liabilities of discontinued operations	$	3,627	$	4,566


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2022		2021		2022		2021
General and administrative expenses	$	—	$	6	$	—	$	34
Loss (gain) on disposal - Electrical Solutions		17		(228)		17		(228)
Interest expense (income)		30		(21)		30		30
Income (loss) from discontinued operations before income tax		(47)		243		(47)		164
Income tax expense (benefit)		(640)		18		(623)		37
Income (loss) from discontinued operations	$	593	$	225	$	576	$	127

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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+ Details