|
The following table details the calculation of the gain on sale of ARCA and subsidiaries, as shown on the income statement (in $000's):
|
|
|
|
|
Total minimum consideration |
|
$ |
6,023 |
|
Payment from buyer |
|
|
3 |
|
Net consideration |
|
$ |
6,026 |
|
Accounts payable |
|
|
5,323 |
|
Accrued liabilities |
|
|
3,187 |
|
Accrued liabilities - California state sales tax |
|
|
6,320 |
|
Lease liabilities |
|
|
5,285 |
|
Debt |
|
|
4,530 |
|
Accumulated other comprehensive loss |
|
|
(604 |
) |
Total disposal of liabilities |
|
|
24,041 |
|
Total consideration |
|
|
30,067 |
|
Cash |
|
|
145 |
|
Accounts receivable |
|
|
4,884 |
|
Inventory |
|
|
67 |
|
Property, plant and equipment |
|
|
2,767 |
|
Intangible assets |
|
|
732 |
|
Right-of-use assets |
|
|
5,075 |
|
Other assets |
|
|
574 |
|
Total disposal of assets |
|
|
14,244 |
|
Total gain on sale |
|
$ |
15,823 |
|
|