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)

9 Months Ended

Sep. 30, 2022

Discontinued operations disposed of by sale

Schedule of Financial Information of Disposal Group



(in thousands)	September 30, 2022		December 31, 2021
Liabilities:
Current liabilities of discontinued operations	$	106	$	316
Liability for pension obligation		2,307		2,368
Liability for uncertain tax positions		1,206		1,882
Long-term liabilities of discontinued operations		3,513		4,250
Total liabilities of discontinued operations	$	3,619	$	4,566


	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2022		2021		2022		2021
General and administrative expenses	$	—	$	5	$	—	$	39
Loss (gain) on disposal - Electrical Solutions		—		(17)		17		(245)
Interest expense		45		46		75		76
Income (loss) from discontinued operations before income tax		(45)		(34)		(92)		130
Income tax expense (benefit)		(3)		22		(626)		59
Income (loss) from discontinued operations	$	(42)	$	(56)	$	534	$	71

- 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