Financial Information by Business Segment (Tables)

12 Months Ended

Jun. 30, 2015

The following schedule details total revenues and income by business segment:



(dollars in thousands)	Investment Management Services				Investment Management Services - Canada			Corporate Investments		Consolidated
Year ended June 30, 2015
Net operating revenues	$	7,364		¹	$	2,007	²	$	—	$	9,371
Net other income	$	—			$	—		$	434	$	434
Income (loss) from continuing operations before income taxes	$	(3,555	)		$	9		$	392	$	(3,154	)
Loss from discontinued operations	$	—			$	—		$	—	$	—
Depreciation and amortization	$	253			$	74		$	—	$	327
Capital expenditures	$	40			$	—		$	—	$	40
Gross identifiable assets at June 30, 2015	$	6,519			$	1,841		$	22,410	$	30,770
Deferred tax asset										$	—
Consolidated total assets at June 30, 2015										$	30,770

Year ended June 30, 2014
Net operating revenues	$	11,205		¹	$	234	²	$	—	$	11,439
Net other income	$	—			$	—		$	2,165	$	2,165
Income (loss) from continuing operations before income taxes	$	(3,426	)		$	31		$	2,158	$	(1,237	)
Loss from discontinued operations	$	(243	)		$	—		$	—	$	(243	)
Depreciation and amortization	$	252			$	7		$	—	259
Capital expenditures	$	30			$	—		$	—	$	30

Year ended June 30, 2013
Net operating revenues	$	17,318		¹	$	—	²	$	—	$	17,318
Net other income	$	—			$	—		$	262	$	262
Income (loss) from continuing operations before income taxes	$	(178	)		$	—		$	249	$	71
Loss from discontinued operations	$	(165	)		$	—		$	—	$	(165	)
Depreciation and amortization	$	275			$	—		$	—	275
Capital expenditures	$	39			$	—		$	—	$	39


¹	Includes operating revenues from USGIF of $7,208, $11,011 and $17,000 in fiscal years 2015, 2014, and 2013, respectively.


²	Includes operating revenues from Galileo Funds of $1,638, $184 and $0; and other advisory clients of $354, $48

and $0 in fiscal years 2015, 2014, and 2013, respectively.