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Discontinued Operations (Tables) | 6 Months Ended
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Jul. 05, 2015
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Discontinued Operations | Carrying amounts of major assets and liabilities included as part of the disposal group were as follows (in thousands):
| July 5, 2015 |  | December 31, 2014
Accounts receivable, net | $ | 9,550 |  |  | $ | 10,885 |
Inventories, net | 5,943 |  |  | 6,313 |
Unbilled revenue | 2,573 |  |  | 2,356 |
Prepaid expenses and other current assets | 3,391 |  |  | 2,955 |
Property, plant, and equipment, net | 1,720 |  |  | 1,944 |
Intangible assets, net | 11,338 |  |  | 1,029 |
Goodwill | 4,301 |  |  | 4,301 |
Other assets | 111 |  |  | 31 |
Held for sale assets | $ | 38,927 |  |  | $ | 29,814 |
Accounts payable | 1,470 |  |  | 1,891 |
Accrued expenses | 3,787 |  |  | 4,335 |
Deferred revenue | 9,341 |  |  | 5,965 |
Held for sale liabilities | $ | 14,598 |  |  | $ | 12,191 |
Management also concluded that the disposal group met the criteria of a discontinued operation and has presented the profit from operation of this discontinued business separately from continuing operations on the Consolidated Statements of Operations. The pretax gain associated with this sale is expected to be approximately $125,000,000 and will be recorded in the third quarter of 2015. The major classes of revenue and expense included in discontinued operations were as follows (in thousands):
| Three-months Ended |  | Six-months Ended
| July 5, 2015 |  | June 29, 2014 |  | July 5, 2015 |  | June 29, 2014
Revenue | $ | 11,187 |  |  | $ | 16,526 |  |  | $ | 23,248 |  |  | $ | 26,139 |
Cost of revenue | (5,765 | ) |  | (7,506 | ) |  | (11,291 | ) |  | (11,948 | )
Research, development, and engineering expenses | (1,022 | ) |  | (1,118 | ) |  | (2,126 | ) |  | (2,068 | )
Selling, general, and administrative expenses | (4,176 | ) |  | (3,204 | ) |  | (7,800 | ) |  | (6,384 | )
Foreign currency gain (loss) | 77 |  |  | (22 | ) |  | (177 | ) |  | (22 | )
Pretax income from discontinued operations | 301 |  |  | 4,676 |  |  | 1,854 |  |  | 5,717 |
Income tax expense | 103 |  |  | 1,403 |  |  | 626 |  |  | 1,754 |
Income from discontinued operations, net | $ | 198 |  |  | $ | 3,273 |  |  | $ | 1,228 |  |  | $ | 3,963 |
Significant noncash items related to the discontinued business were as follows (in thousands):
| Three-months Ended |  | Six-months Ended
| July 5, 2015 |  | June 29, 2014 |  | July 5, 2015 |  | June 29, 2014
Capital expenditures | $ | 171 |  |  | $ | 152 |  |  | $ | 482 |  |  | $ | 261 |
Stock-based compensation expense | 144 |  |  | 248 |  |  | 427 |  |  | 555 |
Depreciation expense | 203 |  |  | 193 |  |  | 401 |  |  | 388 |
Amortization expense | 82 |  |  | 94 |  |  | 165 |  |  | 188 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51719941&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721677-107760 + Details
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