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Discontinued Operations
3 Months Ended
Aug. 31, 2011
Discontinued Operations  
Discontinued Operations

 

Note 11 — Discontinued Operations

 

During the third quarter of fiscal 2011, we decided to exit our Amsterdam component repair facility, a business which was reported in our Aviation Supply Chain segment.  We are currently evaluating a number of strategic alternatives associated with the business unit, including the sale of the unit.  The aggregate carrying value of the unit is approximately $7,600 and we expect to recover the carrying value.

 

Revenues and pre-tax operating loss for the three-month periods ended August 31, 2011 and 2010 for the discontinued operation are summarized as follows:

 

 

 

Three Months Ended

 

 

 

August 31,

 

 

 

2011

 

2010

 

 

 

 

 

 

 

Revenues

 

$

6,245

 

$

7,804

 

Pre-tax operating loss

 

(483

)

(574

)