Discontinued Operations (Tables)

3 Months Ended

Mar. 28, 2015

Discontinued Operations and Disposal Groups [Abstract]

The following table shows the components of assets and liabilities that are classified as discontinued operations in the Company's condensed consolidated balance sheets as of March 28, 2015, and December 27, 2014 (in thousands):



	March 28, 2015			December 27, 2014
Prepaid and other current assets	$	12		$	8
Assets of discontinued operations - current	12			8
Accrued compensation and related liabilities	68			70
Liabilities of discontinued operations - current	68			70
Net assets	$	(56	)	$	(62	)

The following table summarizes certain statement of operations information for discontinued operations (in thousands, except per share data):



	For the Three Months Ended
	March 28, 2015			March 29, 2014
(Loss) income from discontinued operations before income taxes	$	(32	)	$	176
Income tax expense on discontinued operations	—			68
Gain on sale of discontinued operations ⁽¹⁾	—			845
(Loss) income from discontinued operations, net of taxes	$	(32	)	$	953
(Loss) income per share - basic	$	—		$	0.01
(Loss) income per share - diluted	$	—		$	0.01

__________________________


(1)	The gain on the sale of discontinued operations is shown net of taxes of $0.5 million for the three months ended March 29, 2014.

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details