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Discontinued Operations
3 Months Ended
Sep. 30, 2011
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Note 2: Discontinued Operations


We discontinued the Singapore IC packaging operations of our Vision Systems product line in fiscal 2010. In accordance with authoritative guidance, the results of operations for the aforementioned operations are presented in the Company’s condensed consolidated financial statements as discontinued operations. In addition, adjustments were made to the carrying value of assets held for sale if the carrying value exceeded their estimated fair value less cost to sell.


The following table summarizes the operating results of our discontinued operations for the three months ended September 30, 2011 and 2010:


 

 

 

 

 

 

 

 

 

 

Three Months Ended
September 30,

 

 

 


 

 

 

2011

 

2010

 

 

 


 


 

Other income

 

$

 

$

91

 

 

 



 



 

Earnings from discontinued operations, net of tax

 

$

 

$

91

 

 

 



 



 


The following table sets forth the assets and liabilities of our discontinued operations included in the condensed consolidated balance sheets of the Company as of September 30, 2011 and June 30, 2011:


 

 

 

 

 

 

 

 

 

 

September 30,
2011

 

June 30,
2011

 

 

 


 


 

 

 

 

 

 

 

 

 

Accrued expenses and other current liabilities

 

$

141

 

$

281

 

 

 



 



 

Current liabilities of discontinued operations

 

$

141

 

$

281