|12 Months Ended|
Dec. 31, 2017
|Discontinued Operations and Disposal Groups [Abstract]|
The following table summarizes the operating results of the Company’s discontinued operations (dollar amounts in thousands):
There was no income or losses from discontinued operations during the years ended December, 31, 2017 and 2016.
During the year ended December 31, 2015, the Company received $1.3 million in net proceeds from the sales of its fixed assets in Venezuela, which is included in the results from discontinued operations. The Company ceased its operations in Venezuela in 2014. During the year ended December 31, 2015, the Company released $1.3 million in accrued liabilities related to prior sales and use taxes as well as other litigation in Brazil, which is included in the results from discontinued operations.
The income from discontinued operations did not have a material impact on the Company’s operating cash flows during the year ended December 31, 2015.
The entire disclosure 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.
Reference 1: http://www.xbrl.org/2003/role/presentationRef