DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Mar. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

Summarized results of operations of GAS for the year ended March 31, 2020 and 2019 through the date of disposition are as follows (in thousands):

	Year ended March 31,
	March 31, 2020		March 31, 2019
Net sales	$	16,637	$	34,332
Operating Expense	(17,319)		(35,597)
Loss from discontinued operations before income taxes	(682)		(1,265)
Income tax benefit	(568)		(259)
Loss from discontinued operations, net of tax	$	(114)	$	(1,006)

The following table presents summary balance sheet information of GAS that is presented as discontinued operations as of March 31, 2019 (in thousands):

Assets:	March 31, 2019
Cash and cash equivalents	$	107
Accounts receivable, net	8,197
Income tax receivable	16
Inventories, net	2,512
Other current assets	769
Current assets of discontinued operations	11,601
Property and equipment, net	554
Intangible assets, net	228
Goodwill	190
Other non-current assets	292
Non-current assets of discontinued operations	1,264
Liabilities:
Accounts payable	1,144
Income tax payable	(226)
Accrued expenses	669
Current liabilities of discontinued operations	$	1,587

The following table presents capital expenditures, depreciation and amortization and other significant operating non-cash items of our discontinued operations for fiscal 2020 and 2019 (in thousands):

	Fiscal year
	2020	2019
Capital expenditures	82	151
Depreciation and amortization	165	446
Goodwill and asset impairments	405	—