XML 26 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 23,283 $ 1,008
Less: Income from discontinued operations (24,555) (2,179)
Net loss from continuing operations (1,272) (1,171)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Stock-based compensation 1 16
Depreciation and amortization 85 83
Changes in assets and liabilities:    
Accounts receivable (267) (355)
Accounts payable (778) (69)
Deferred revenue    319
Other assets and liabilities (571) (72)
Income tax 1,053   
Net cash used in operating activities-continuing operations (1,749) (1,249)
Net cash provided by (used in) operating activities-discontinued operations (1,370) 208
Net cash used in operating activities (3,119) (1,041)
Cash flows from investing activities:    
Purchases of property and equipment, net (46) (41)
Net cash used in investing activities-continuing operations (46) (41)
Net cash provided by investing activities-discontinued operations 52,591 499
Net cash provided by investing activities 52,545 458
Cash flows from financing activities:    
Repayment of State of Texas funding, including deemed dividend (2,331)   
Net cash used in financing activities-continuing operations (2,331)   
Net cash used in investing activities-discontinued operations (5,655) (95)
Net cash used in financing activities (7,986) (95)
Net change in cash and cash equivalents 41,440 (678)
Cash and cash equivalents at beginning of period 3,831 5,096
Cash and cash equivalents at end of period $ 45,271 $ 4,418