Discontinued Operations (Tables)

6 Months Ended

Oct. 25, 2014

Financial disclosures of discontinued operations

The results of our discontinued operations for the quarter and six months ended October 25, 2014, and October 26, 2013, were as follows:

	Quarter Ended						Six Months Ended
(Amounts in thousands)	10/25/14			10/26/13			10/25/14			10/26/13
Net sales	$	3,301		$	14,132		$	6,788		$	27,543

Operating income (loss) from discontinued operations	$	459		$	(699	)	$	561		$	(643	)
Income from Continued Dumping and Subsidy Offset Act, net	—			—			3,763			—
Income tax (expense) benefit	(174		)	259			(1,542		)	237
Income (loss) from discontinued operations, net of tax	$	285		$	(440)		$	2,782		$	(406)

The assets and liabilities of Lea Industries that we classified as held for sale were as follows:

(Amounts in thousands)	10/25/14		4/26/14
Assets
Receivables, net	$	1,015	$	1,190
Inventories, net	376		3,013
Other current assets	16		87
Total assets	$	1,407	$	4,290

Liabilities
Accounts payable	$	9	$	234
Accrued expenses and other current liabilities	433		576
Other long-term liabilities	—		22
Total liabilities	$	442	$	832

- 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.

+ References+ Details