Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2015

Summarizes the results of discontinued operations

The following table summarizes the results of discontinued operations for the periods indicated (in thousands):

	Three months ended					Nine months ended
	September 30, 2015		September 30, 2014			September 30, 2015		September 30, 2014
Total revenue	$	-	$	545		$	-	$	2,608
Gross margin	$	-	$	472		$	-	$	2,285
Selling & marketing expenses	$	-	$	(53	)	$	-	$	(706	)
General & administrative expenses	$	-	$	(258	)	$	-	$	(679	)
Restructuring costs	$	-	$	-		$	-	$	(522	)
Impairment and gain (loss) on sale of discontinued operations	$	-	$	35		$	-	$	(9,676	)
Operating income (loss) from discontinued operations	$	-	$	196		$	-	$	(9,298	)
Income tax benefit on discontinued operations	$	-	$	230		$	-	$	1,184
Net income (loss) from discontinued operations	$	-	$	426		$	-	$	(8,114	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details