Discontinued Operations

9 Months Ended

Sep. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

6. Discontinued Operations

During 2014, we discontinued the operation of all four of our retail stores, located in Huntington Beach, Santa Monica and Torrance, California and Chicago, Illinois, and our OnSale and eCost businesses. We reflected the results of these operations, which were historically reported as a part of our MacMall segment, as discontinued operations for all periods presented herein. The revenues, operating and non-operating results of the discontinued operations are reflected in a single line item entitled “Loss from discontinued operations, net of taxes” on our Condensed Consolidated Statements of Operations, and the related assets and liabilities are presented in our Condensed Consolidated Balance Sheets in line items entitled “Current assets of discontinued operations,” “Non-current assets of discontinued operations” and “Current liabilities of discontinued operations” for all periods presented herein.

The carrying amounts of major classes of assets and liabilities that have been included in such balance sheet line items, as described above, in our Condensed Consolidated Balance Sheets were as follows (in thousands):

	September 30, 2015		December 31, 2014
Accounts receivable, net	$	—	$	19
Inventories, net		—		7
Current assets of discontinued operations		—		26
Other non-current assets		—		14
Non-current assets of discontinued operations		—		14
Total assets of discontinued operations	$	—	$	40
Accounts payable	$	118	$	116
Accrued expenses and other current liabilities		231		458
Deferred revenue		—		3
Current liabilities of discontinued operations	$	349	$	577

The operating results of our discontinued operations reported in “Loss from discontinued operations, net of taxes” in our Condensed Consolidated Statements of Operations were as follows (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Net sales	$	3		$	3,651		$	(4	)	$	28,783
Loss before income taxes	$	(488	)	$	(497	)	$	(410	)	$	(1,937	)
Income tax benefit		(186	)		(240	)		(151	)		(835	)
Loss from discontinued operations, net of taxes	$	(302	)	$	(257	)	$	(259	)	$	(1,102	)