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Discontinued Operations
12 Months Ended
Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations

The Company shut down the operations of Ruckus and The Show in November 2013 and July 2012, respectively, after they did not meet operational and financial expectations. Both The Show and Ruckus were part of the Company’s Sports business. In 2011 the Company sold certain patents related to the Predecessor Business and, upon the satisfaction of specified conditions, received approximately $5.0 million for amounts held in escrow in connection with the sale of a component of the Predecessor Business in 2010.

The operations of Ruckus, The Show, and the Predecessor Business are reported as discontinued operations for all periods presented in the consolidated financial statements. The results of operations of Ruckus, The Show, and the Predecessor Business and the gain (loss) on the sale or disposal are presented as discontinued operations in the accompanying consolidated financial statements follows:

 
Fiscal Year Ended December 31,
 
2013
 
2012
 
2011
 
(in thousands)
 
 
 
 
 
 
Revenues
$
1,260

 
$
451

 
$
91

 
 
 
 
 
 
Income (loss) from operations of discontinued operations
$
(5,540
)
 
$
(1,935
)
 
$
1,624

Gain on disposal of discontinued operations

 

 
5,005

Income (loss) from discontinued operations
$
(5,540
)
 
$
(1,935
)
 
$
6,629



The loss from operations for the year ended December 31, 2013, consists entirely of the loss from operations of Ruckus, and includes a goodwill impairment charge of $3.6 million. The loss from operations for the year ended December 31, 2012, consists entirely of the loss from operations of The Show, and includes a goodwill impairment charge of $1.8 million. The income from operations for the year ended December 31, 2011, includes income of $1.9 million from certain wind down activities of the Predecessor Business, partially offset by a loss from operations of $0.3 million from The Show. The gain on disposal for December 31, 2011, consists entirely of activity of the Predecessor Business. There was no tax effect on any of the activity of discontinued operations for the years ended December 31, 2013, 2012, and 2011.