Discontinued Operations

6 Months Ended

Jan. 31, 2012

Discontinued Operations [Abstract]

Discontinued Operations

Note 2.  Discontinued Operations

   In September 2011, the Company adopted a plan to close its plastic injection molding operations and has transitioned this production to an outside vendor.  During the Company's first quarter of fiscal 2012, substantially all operational activities of this unit were discontinued and the Company classified them as discontinued operations.  The Company completed the sale of these assets prior to the end of its fiscal second quarter.  The assets included in the disposal group were primarily equipment.  The following table summarizes the results of the discontinued operations for the first half of fiscal 2012 and 2011 (dollars in thousands):

	For Six Months Ended January 31, 2012			For Six Months Ended January 31, 2011
Net Sales	$	23		$	24
Operating costs		(191	)		15
Impairment, restructuring and other charges		(253	)		--
Write-off of goodwill		(29	)		--
Estimated loss on sale of fixed assets		(125	)		--
Gain (loss) from discontinued operations before benefit (provision) for income taxes		(575	)		9
Income tax benefit (provision)		193			(2	)
(Loss) gain from discontinued operations	$	(382	)	$	7