BUSINESS HELD FOR SALE DISCONTINUED OPERATIONS AND DISPOSITIONS (Tables)

9 Months Ended

Sep. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following table summarizes the aggregate carrying amounts of the major classes of Hexis assets and liabilities included in discontinued operations as of September 30, 2016 and December 31, 2015 (in thousands):

	September 30, 2016		December 31, 2015
Receivables	$	3,072	$	5,256
Inventories, net	—		2,164
Prepaid expenses	—		345
Property and equipment, net	—		5,341
Goodwill	—		7,467
Other intangibles, net	—		2,600
Total assets classified as held for sale:	$	3,072	$	23,173
Accounts payable and other accrued expenses	$	2,620	$	3,686
Deferred revenue	—		3,398
Total liabilities held for sale	$	2,620	$	7,084

The following table presents the operating and investing cash flows of our discontinued Hexis business for the nine months ended September 30, 2016 and 2015 (in thousands):

	Nine months ended September 30,
	2016			2015
Non-Cash Operating Items
Depreciation and amortization expense	$	1,016		$	5,546
Impairment of Commercial Cyber Solutions Goodwill	6,980			—
Loss on disposal of long-lived assets	3,568			—
Cash Flows from Investing Activities
Purchases of property and equipment	(471		)	718
Proceeds from Hexis asset divestiture	$	5,000		$	—

The following table provides a summary of the operating results of Hexis, which we have reflected as discontinued operations for the three and nine months ended September 30, 2016 and 2015 (in thousands):

	Three months ended September 30,				Nine months ended September 30,
	2016		2015		2016		2015
Revenues	16		2,998		2,894		8,301
Costs of Revenues, excluding amortization	194		1,189		1,881		3,159
Operating expenses	866		9,485		16,133		30,141
Impairment of goodwill	—		—		6,980		—
Intangible amortization expense	—		1,178		381		3,703
Loss on disposal of Hexis	—		—		5,509		—
Loss before Income Taxes from Discontinued Operations	(1,044	)	(8,854	)	(27,990	)	(28,702	)
Income Tax Benefit, net on Discontinued Operations	(4	)	(7,979	)	(494	)	(11,180	)
Loss on Discontinued Operations	(1,040	)	(875	)	(27,496	)	(17,522	)