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SEC Filings

10-Q
NN INC filed this Form 10-Q on 11/09/2017
Entire Document
 


Table of Contents

The following table summarizes the carrying amounts of major classes of assets and liabilities of discontinued operations for each of the periods presented.

 

     September 30,      December 31,  
     2017      2016  

Cash

   $ —        $ 8,134  

Accounts receivable, net

     —          46,114  

Inventories

     —          47,714  

Other current assets

     —          4,755  
  

 

 

    

 

 

 

Total current assets of discontinued operations

     —          106,717  
  

 

 

    

 

 

 

Property, plant and equipment, net

     —          92,373  

Goodwill, net

     —          8,909  

Intangible assets, net

     —          1,718  

Other non-current assets

     —          290  
  

 

 

    

 

 

 

Total non-current assets of discontinued operations

     —          103,290  
  

 

 

    

 

 

 

Total assets of discontinued operations

   $ —        $ 210,007  
  

 

 

    

 

 

 

Accounts payable

   $ —        $ 31,014  

Accrued salaries, wages and benefits

     —          9,234  

Income taxes payable

     —          2,997  

Other current liabilities

     —          2,176  
  

 

 

    

 

 

 

Total current liabilities of discontinued operations

     —          45,421  
  

 

 

    

 

 

 

Deferred tax liabilities

     —          3,522  

Accrued post-employment benefits

     —          4,707  

Other non-current liabilities

     —          3,731  
  

 

 

    

 

 

 

Total non-current liabilities of discontinued operations

     —          11,960  
  

 

 

    

 

 

 

Total liabilities of discontinued operations

   $ —        $ 57,381  
  

 

 

    

 

 

 

The following table presents the significant noncash items and cash paid for capital expenditures of discontinued operations for each period presented.

 

     Nine Months Ended  
     September 30,  
     2017      2016  

Depreciation and amortization

   $ 7,723      $ 8,766  

Acquisition of property, plant and equipment

   $ 10,024      $ 14,015  

 

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