DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2012

NOTE 13.

DISCONTINUED OPERATIONS

During the fourth quarter of 2011, the Company’s investment in EBDG was sold for cash proceeds of $1,629.

The sales and the operating results of Summit and EBDG have been reported as Discontinued Operations net of applicable taxes for all periods presented.

Discontinued Operations, net of tax consist of the following. (EBDG had a loss of $46 in the ten days ended December 31, 2010.)


	2012			2011			2010
Revenue	$	—		$	5,932		$	7,865
Cost of Sales		—			2,212			3,139
Selling, General and Administrative		13			3,509			4,165
Other Income		—			—			(13	)
Interest Income		—			(18	)		—
Gain on Sale		(39	)		(416	)		—

Income from Discontinued Operations Before Income Tax		26			645			574
Income Tax		—			156			—

Income from Discontinued Operations	$	26		$	489		$	574

Note: No CBL Predecessor/CBL Successor breakdown is provided for this table due to insignificance.

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, 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 segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

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+ Details

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