Company: SABR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001597033-25-000090
Chunk: 46

Company: Sabre Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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)(39,338)(25,731)Other, net2,619 (179)3,689 (691)Total other expense, net(17,157)(13,044)(35,649)(26,422)Loss from discontinuing operations before income taxes(9,337)(909)(15,825)(5,400)Provision (benefit) for income taxes(1)46,177 (1,155)763 (1,631)Net (loss) income from discontinued operations$(55,514)$246 $(16,588)$(3,769)______________________(1) We used an intra-period tax allocation to allocate the provision for income taxes for all periods presented between continuing operations and discontinued operations. 

8

The following table presents the major classes of assets and liabilities held for sale related to the Hospitality Solutions business (in thousands):June 30, 2025December 31, 2024Assets:Accounts receivable, net$66,834 $53,377 Prepaid expenses and other current assets4,001 1,204 Current assets held for sale70,835 54,581 Property and equipment, net of accumulated depreciation25,693 14,614 Goodwill and intangibles190,556 192,156 Other assets, net28,974 29,032 Long-term assets held for sale245,223 235,802 Total assets held for sale$316,058 $290,383 Liabilities:Accounts payable$20,958 $20,687 Other accrued liabilities and accrued compensation13,954 18,609 Deferred revenues17,312 11,911 Current liabilities held for sale52,224 51,207 Other noncurrent liabilities and deferred income taxes14,060 15,989 Long-term liabilities held for sale14,060 15,989 Total liabilities held for sale$66,284 $67,196 The following table presents selected financial information related to cash flows from discontinued operations for the six months ended June 30, 2025 and 2024 (in thousands):Six Months Ended June 30,20252024Cash used in operating activities$(22,616)$(10,103)Cash used in investing activities(1,788)(2,244)Cash used in discontinued operations$(24,404)$(12,347)Non-cash additions to property and equipment$9,313 $—