Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Selected Financial Information Included In Earnings And Balance Sheet

he results for the three and six months ended June 30, 2013 and June 24, 2012 have been reclassified to show the results of operations for the U.S. and Canada based CheckView^® business as discontinued operations, net of tax, on the Consolidated Statement of Operations. Below is a summary of these results:



	Quarter						Six Months
	(13 weeks) Ended						(26 weeks) Ended
(amounts in thousands)	June 30, 2013			June 24, 2012			June 30, 2013			June 24, 2012
Net revenue	$	3,541		$	20,792		$	16,084		$	38,895
Gross profit	307			2,335			282			5,671
Selling, general, and administrative expenses	1,652			3,180			3,970			6,552
Research and development	26			125			105			217
Operating loss	(1,371		)	(970		)	(3,793		)	(1,098		)
Loss on disposal	(13,024		)	—			(13,024		)	—
Loss from discontinued operations before income taxes	(14,395		)	(970		)	(16,817		)	(1,098		)
Loss from discontinued operations, net of tax	$	14,329		$	(1,047	)	$	16,885		$	(1,095	)

As of December 30, 2012 the classification was as follows:



(amounts in thousands)	December 30, 2012
Accounts receivable, net	$	14,558
Inventories	9,721
Other assets	5,347
Deferred income taxes	238
Assets of discontinued operations held for sale	$	29,864

Accounts payable	$	3,413
Accrued compensation and related taxes	94
Other accrued expenses	5,600
Unearned revenues	581
Liabilities of discontinued operations held for sale	$	9,688

The results for the three and six months ended June 24, 2012 were reclassified to show the results of operations for the Banking Security Systems Integration business unit as discontinued operations, net of tax, on the Consolidated Statement of Operations. Below is a summary of these results:



	Quarter			Six Months
	(13 weeks) Ended			(26 weeks) Ended
(amounts in thousands)	June 24, 2012			June 24, 2012
Net revenue	$	3,996		$	7,696
Gross profit	509			1,076
Selling, general, and administrative expenses	777			1,664
Intangible impairment	672			672
Goodwill impairment	370			370
Operating loss	(1,310		)	(1,630		)
Loss from discontinued operations before income taxes	(1,310		)	(1,630		)
Loss from discontinued operations, net of tax ⁽¹⁾	$	(1,310	)	$	(1,630	)

- 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.

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