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Discontinued Operations & Gain on the Sale of the ASO Business Unit (Tables)

3 Months Ended

Sep. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Schedule of total pre-tax gain on the sale

Cash proceeds from the sale of the ASO business	$	52,591
Receivable for working capital holdback		598
Receivable for indemnity holdback		6,100
Liabilities assumed by the Buyer		2,478
Net book value of assets sold		(36,175	)
Other		38
Gain on sale of our former ASO business	$	25,630

Schedule of disposed of major amounts reported in the condensed consolidated statements of operation

The following table provides a reconciliation of the major assets and liabilities of our former ASO business to the amounts reported in the condensed consolidated balance sheet:

	June 30, 2014
Carrying amounts of major classes of assets included as part of discontinued operations
Accounts receivable, net	$	1,220
Prepaid expenses and other current assets		185
Property and equipment, net		33,858
Other assets, net		29
Total assets of discontinued operations	$	35,292

Carrying amounts of major classes of liabilities included as part of discontinued operations
Accounts payable	$	184
Accrued liabilities and other		632
Deferred revenue		873
Term note payable		5,655
Deferred revenue		237
Total liabilities of discontinued operations	$	7,581

The following table provides a reconciliation of the major components of income of our former ASO business to the amounts reported in the condensed consolidated statements of operations:

	Three Months Ended September 30,
	2014			2013
Major line items constituting income of discontinued operations
Revenue	$	2,807		$	6,689
Cost of revenue		(1,313	)		(3,086	)
Selling, general and administrative		(128	)		(187	)
Interest and other expense, net		(63	)		(64	)
Gain on sale of discontinued operations		25,630			—
Income tax expense		(2,378	)		(1,173	)
Income of discontinued operations	$	24,555		$	2,179

- 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.

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