XML 44 R23.htm IDEA: XBRL DOCUMENT

DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Mar. 31, 2013

Proceeds from the Sale of Assets on Closing Date

net book value of the assets sold as of the Closing Date, summarized as follows:


Inventories	$	664,000
Equipment		82,000
Other		10,000
Total	$	756,000

Revenue and Operating results of Astromec

Information regarding revenue and operating results of Astromec included in discontinued operations is as follows:

	Three Months Ended March 31,
	2013		2012
Revenues	$	43,000	$	513,000
Income (loss) before provision for (benefit from) income taxes	$	33,000	$	(209,000	)

	Nine Months Ended March 31,
	2013		2012
Revenues	$	135,000	$	2,389,000
Income (loss) before provision for (benefit from) income taxes	$	111,000	$	(72,000	)

Assets and Liabilities of Astromec

Information regarding Astromec assets and liabilities included in the accompanying consolidated balance sheets is as follows:

	March 31, 2013		June 30, 2012
Accounts receivable	$	43,000	$	45,000
Other assets	$	10,000	$	—
Accounts payable	$	26,000	$	3,000
Accrued expenses	$	5,000	$	25,000

- 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