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Discontinued Operations
6 Months Ended
Oct. 27, 2013
Discontinued Operations  
Discontinued Operations

3. Discontinued Operations

 

Discontinued operations include our former Biloxi, Mississippi casino operations which were sold in November 2012.  During the three months ended October 28, 2012, we recorded a $1,500 valuation allowance reflecting a credit against the purchase price to satisfy our obligation to repair the property after Hurricane Isaac, as required by the purchase agreement.  The results of our discontinued operations are summarized as follows:

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

October 28,

 

October 28,

 

 

 

2012

 

2012

 

Net revenues

 

$

14,043

 

$

31,611

 

Pretax loss from discontinued operations

 

(2,312

)

(395

)

Income tax benefit from discontinued operations

 

 

 

Loss from discontinued operations

 

(2,312

)

(395

)