DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2013

Summary of results of operations and balance sheet position of the discontinued operations

The following are the summarized results of discontinued operations for the three months ended March 31, 2013 and 2012:

	Three Months Ended March 31,
	2013		2012
Total net revenues	$	—	$	821
Total income (expenses)		279		(4,318	)
Income (loss) from discontinued operations	$	279	$	(3,497	)

Income from discontinued operations for the three months ended March 31, 2013 includes a gain of $344 resulting from the reclassification of accumulated translation adjustments from accumulated other comprehensive income.

The major classes of assets and liabilities of the discontinued operations on the balance sheet are as follows:

	March 31, 2013		December 31, 2012
ASSETS
Accounts receivable – net	$	37	$	230
Prepaid and other current assets		114		37
Current assets of discontinued operations	$	151	$	267

Property and equipment - net	$	1	$	1
Non-current assets of discontinued operations	$	1	$	1

LIABILITIES
Due to licensors	$	—	$	—
Accounts payable and accrued expenses		1,644		1,859
Current liabilities of discontinued operations	$	1,644	$	1,859

- 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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