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Discontinued Operations (Tables)
12 Months Ended
Jun. 30, 2019
Content Delivery Business Segment [Member]  
Schedule of income (loss) from discontinued operations

For the fiscal year ended June 30, 2018, income from discontinued operations, net of income taxes, related to the Content Delivery business was comprised of the following (amounts in thousands):

 

 

 

 

 

 

 

    

Fiscal Year Ended

 

    

June 30, 2018

 

 

 

 

Revenue

 

$

16,018

Cost of sales

 

 

6,342

Gross margin

 

 

9,676

 

 

 

  

Operating expenses:

 

 

  

Sales and marketing

 

 

4,235

Research and development

 

 

3,290

General and administrative

 

 

951

Total operating expenses

 

 

8,476

Operating income

 

 

1,200

 

 

 

  

Gain on sale of Content Delivery business, net

 

 

22,568

Other expense, net

 

 

(143)

Income from discontinued operations before income taxes

 

 

23,625

 

 

 

  

Provision for income taxes

 

 

786

 

 

 

  

Income from discontinued operations

 

$

22,839

 

Schedule for Reconciliation of the Gain Before Income Taxes of Disposal Groups, Including Discontinued Operations

A reconciliation of the gain before income taxes recorded on the sale of the Content Delivery business is as follows (amounts in thousands):

 

 

 

 

 

 

 

Fiscal Year Ended

 

    

June 30, 2018

Closing consideration

 

$

29,000

Adjustment for working capital

 

 

812

Net book value of assets sold

 

 

(5,274)

Other adjustments

 

 

(170)

Transaction costs

 

 

(1,800)

Gain on sale of Content Delivery business

 

$

22,568

 

Real time Business Segment [Member]  
Disposal Groups, Including Discontinued Operations ,Statement of Cash Flows

Cash flow information relating to the Content Delivery business for the fiscal year ended June 30, 2018 was as follows (amounts in thousands):

 

 

 

 

 

Operating cash flow data:

 

 

  

Depreciation and amortization

 

$

605

Share-based compensation

 

 

170

Recovery of provision for excess and obsolete inventories

 

 

(23)

Foreign currency exchange losses

 

 

144

 

 

 

  

Investing cash flow data:

 

 

  

Capital expenditures

 

 

(271)