Business Combinations and Dispositions (Tables)

3 Months Ended

Sep. 28, 2013

Zurich Business

Balance Sheet Components of Discontinued Operations Held for Sale

The assets and liabilities of the discontinued operation are presented as current assets and current liabilities, separately under the captions assets of discontinued operations held for sale and liabilities of discontinued operations held for sale in the accompanying condensed consolidated balance sheets at September 28, 2013 and June 29, 2013, and consist of the following:

	September 28, 2013		June 29, 2013
	(Thousands)
Assets of Discontinued Operations Held for Sale
Accounts receivable, net		—		79
Inventories		—		23,762
Prepaid expenses and other current assets		—		1,294
Property and equipment, net		—		12,749
Deferred tax asset, non-current		—		2,283
	$	—	$	40,167
	September 28, 2013		June 29, 2013
	(Thousands)
Liabilities Held for Sale
Accounts payable		—		2,315
Accrued expenses and other liabilities		—		5,571
Other non-current liabilities		—		8,367
	$	—	$	16,253

Statements of Operations for Discontinued Operations Held for Sale

The following table presents the statements of operations for the discontinued operations of the Zurich Business for the three months ended September 28, 2013 and September 29, 2012:

	Three Months Ended
	September 28, 2013		September 29, 2012
	(Thousands)
Revenues	$	13,896	$	25,285
Cost of revenues		11,593		20,154
Gross profit		2,303		5,131
Operating expenses		3,416		4,351
Other income (expense), net		61,150		158
Income from discontinued operations before income taxes		60,037		938
Income tax provision		163		265
Income from discontinued operations	$	59,874	$	673

Amplifier Business

Balance Sheet Components of Discontinued Operations Held for Sale

The assets of the discontinued operation are presented as current assets under the caption assets of discontinued operations held for sale in the accompanying condensed consolidated balance sheets at September 28, 2013 and June 29, 2013, and consist of the following:

	September 28, 2013		June 29, 2013
	(Thousands)
Assets of Discontinued Operations Held for Sale
Inventories	$	6,792	$	8,225
Prepaid expenses and other current assets		407		494
Property and equipment, net		7,034		6,741
	$	14,233	$	15,460

Statements of Operations for Discontinued Operations Held for Sale

The following table presents the statements of operations for the discontinued operations of the Amplifier Business for the three months ended September 28, 2013 and September 29, 2012:

	Three Months Ended
	September 28, 2013		September 29, 2012
	(Thousands)
Revenues	$	28,316	$	27,893
Cost of revenues		20,715		21,448
Gross profit		7,601		6,445
Operating expenses		3,936		4,130
Other income (expense), net		—		—
Income from discontinued operations before income taxes		3,665		2,315
Income tax provision		—		—
Income from discontinued operations	$	3,665	$	2,315