Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2015

	For the Three Months Ended March 31,
	2014			2013

Revenue:
Sales	$	65		$	2,746,336
Cost of goods sold		-			1,428,497
Gross margin		65			1,317,839

Expenses:
Selling, general and administrative expenses		(2,459	)		1,443,175
Depreciation and amortization		-			100,338
Total expenses		(2,459	)		1,543,513

Operating income (loss)		2,524			(225,674	)

Other expense (income):
Other income, net		-			(4,766	)
Interest (income) expense		(40	)		3,749
		(40	)		(1,018	)

Income (loss) from discontinued operations before income taxes		2,564			(224,656	)

Income tax expense		-			13,737

Income (loss) from discontinued operations after income taxes	$	2,564		$	(238,393	)

- 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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