Discontinued Operations

12 Months Ended

Sep. 30, 2011

Discontinued Operations

Discontinued Operations

Note 2—Discontinued Operations

On November 15, 2010, the Company sold its sourcing services and BPO services assets (collectively, the "Sourcing Services Business") to Accenture for approximately $51.0 million in cash, resulting in a gain of approximately $39.5 million, less estimated income taxes of $289,000. The assets of the Sourcing Services Business include the Company's category expertise, sourcing process expertise and strategic sourcing execution resources. As of September 30, 2010, the assets of the Sourcing Services Business were comprised of goodwill of $11.8 million. The following table summarizes the financial information for the Sourcing Services Business operations for the years ended September 30, 2011, 2010 and 2009 (in thousands, except per share amounts):

	Year Ended September 30,
	2011			2010		2009
Revenues from discontinued operations	$	13,092		$	40,747	$	53,267
(Loss) income from discontinued operations before income taxes		(2,924	)		3,311		6,659
Provision for income taxes		—			150		122
Net (loss) income from discontinued operations		(2,924	)		3,161		6,537
Gain on sale of discontinued operations, net of tax	$	39,164		$	—	$	—