DISPOSITIONS OF ASSETS (Tables)

12 Months Ended

Dec. 28, 2019

Summary of revenue, expenses and pre-tax income reclassified to discontinued operations, results of discontinued operations and assets and liabilities held for sale

Revenue, expenses and pre-tax income reclassified to discontinued operations were as follows (amounts in thousands):


	Year Ended
	DECEMBER 28,		DECEMBER 29,
	2019		2018
Revenue	$	4,058	$	63,096
Costs and expenses		3,900		58,143
Depreciation, depletion and amortization		578		1,161
Selling and administrative		304		3,550
Gain on sales of equipment		-		919
Gain on sale of assets		5,283		-
Pre-tax income	$	4,559	$	1,161

The results of discontinued operations are summarized as follows:


	Year Ended
	DECEMBER 28,		DECEMBER 29,
	2019		2018
Operating (loss) income	$	(724)	$	1,161
Gain on sale of assets		5,283		—
Income tax provision		(1,080)		(315)
Income from discontinued operations	$	3,479	$	846

The assets and liabilities held for sale related to TMC’s ready-mix and Daniels Sand businesses were as follows:


	DECEMBER 28,		DECEMBER 29,
	2019		2018
Accounts receivable, net	$	—	$	9,054
Inventory		—		1,914
Property, plant and equipment, net		—		6,741
Other assets		—		6,327
Total assets held for sale	$	—	$	24,036

Accounts payable and accrued expenses	$		$	3,800
Other long-term liabilities		—		292
Total liabilities held for sale	$	—	$	4,092

- 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

CONTINENTAL MATERIALS CORP 10-K