NOTE 18: SUBSEQUENT EVENTS

On February 8, 2016 in conjunction with ongoing evaluation our strategic direction, we announced that we were conducting a comprehensive review of strategic options for Grupo Finmart to be completed by the end of the third quarter of fiscal 2016. Subsequent to March 31, 2016, a special committee of our board of directors, after reviewing a variety of strategic alternatives with management and the company's financial advisors, concluded that a sale of the business was the preferred alternative and authorized management to proceed with a process to solicit proposals from interested buyers. Should that process result in an acceptable proposal, we would anticipate that the disposition would be completed during the fourth quarter of fiscal 2016.

As the criteria in FASB ASC 360-10-45-9 for classification of Grupo Finmart as held for sale were met after the balance sheet date but before the financial statements were issued, we have included the below information in accordance with FASB ASC 205-20-50-1(a) as required by FASB ASC 360-10-45-13. We expect to classify Grupo Finmart as held for sale during the third quarter of fiscal 2016 and recast all historical segment operations of Grupo Finmart as discontinued operations.

The following table summarizes the carrying values of major classes of Grupo Finmart assets and liabilities held and used in the condensed consolidated balance sheets, excluding intercompany debt of $35.8 million, in addition to other intercompany items, as of the dates indicated:



	March 31, 2016		March 31, 2015		September 30, 2015

	(in thousands)
Current assets	$	60,712	$	115,452	$	90,898
Non-current assets	127,632		209,885		213,581
Current liabilities	102,149		84,904		89,000
Non-current liabilities	60,159		138,461		100,831

The following table summarizes the carrying values of major classes of assets and liabilities attributable to all other operations of the Company, excluding intercompany accounts:



	March 31, 2016		March 31, 2015		September 30, 2015

	(in thousands)
Current assets	$	395,358	$	492,821	$	420,849
Non-current assets	450,747		559,476		477,731
Current liabilities	86,458		93,085		119,070
Non-current liabilities	195,400		214,172		202,492