Discontinued Operations (Tables)

9 Months Ended

Jan. 03, 2016

Discontinued Operations and Disposal Groups [Abstract]

Summary of components of the gain on divestiture

The following table summarizes the components of the gain (in thousands):

	Amount
Cash proceeds from sale (including amounts held in escrow)	$	18,000
Less book value of assets sold and direct costs related to the sale:
Intangible assets	(990		)
Transaction and other costs	(170		)
Gain on divestiture	$	16,840

Summary of components of the deferred gain on divestiture

The following table summarizes the components of the deferred gain which was included under Other Long-term Liabilities on the Condensed Consolidated Balance Sheet as of January 3, 2016:

(in thousands)	Amount
Sale price	$	1,500
Less book value of assets sold	(115		)
Deferred gain on divestiture	$	1,385

Results of discontinued operations

The results of the HSC business for the three months ended December 28, 2014 and nine months ended January 3, 2016 and December 28, 2014 were as follows (in thousands):

	Three Months Ended			Nine Months Ended
	December 28, 2014			January 3, 2016			December 28, 2014
Revenues	$	701		$	176		$	3,039
Cost of revenues	(441		)	(477		)	(1,459		)
Long-lived assets impairment	—			—			(8,471		)
Restructuring costs (see Note 13)	(11,930		)	—			(18,705		)
Operating expenses	(2,868		)	(246		)	(10,842		)
Gain on divestiture	—			—			16,840
Income tax provision (benefit)	(55		)	15			(43		)
Net loss from discontinued operations	$	(14,483	)	$	(562	)	$	(19,555	)