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Discontinued Operations
9 Months Ended
Mar. 31, 2013
Discontinued Operations And Disposal Groups [Abstract]  
Discontinued Operations

NOTE 8. DISCONTINUED OPERATIONS

For a period of time in fiscal year 2012, the Company continued to generate cash flows and reported income statement activity in Loss from discontinued operations, net of taxes, associated with the securities clearing business. The activities that resulted in these cash flows and income statement activities were transitional in nature.

The following summarized financial information related to the securities clearing business has been segregated from continuing operations and reported as discontinued operations:

 

     Three Months Ended
March 31,
    Nine Months Ended
March 31,
 
     2013      2012     2013      2012  
     ($ in millions)  

Revenues

   $ —        $ —       $ —        $ —    
  

 

 

    

 

 

   

 

 

    

 

 

 

Loss from discontinued operations, before tax benefit

     —          —         —          —    

Income tax benefit

     —          —         —          —    
  

 

 

    

 

 

   

 

 

    

 

 

 

Net loss from discontinued operations, before impairment of assets

     —          —         —          —    

Net loss on impairment of assets of discontinued operations net of tax benefit in the three and nine months ended March 31, 2012 of $1.0 and $1.0, respectively

     —          (1.4     —          (1.4
  

 

 

    

 

 

   

 

 

    

 

 

 

Loss from discontinued operations, net of tax benefit

   $ —        $ (1.4   $ —        $ (1.4