XML 35 R23.htm IDEA: XBRL DOCUMENT v3.4.0.3
Discontinued Operations & Gain on the Sale of the ASO Business Unit (Tables)
9 Months Ended
Mar. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of disposed of major amounts reported in consolidated statements of operation
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 (in thousands): 

 
 
Three Months Ended 
 March 31,
 
Nine Months Ended 
 March 31,
 
 
2016
 
2015
 
2016
 
2015
Major line items constituting income of discontinued operations
 
 

 
 

 
 

 
 

Revenue
 
$

 
$

 
$

 
$
2,807

Cost of revenue
 

 

 

 
(1,313
)
Selling, general and administrative
 

 

 

 
(128
)
Other expense, net
 

 

 

 
(63
)
Gain on sale of discontinued operations (1)
 

 

 

 
25,630

Income tax expense
 

 
(753
)
 

 
(3,315
)
Gain on discontinued operations
 
$

 
$
(753
)
 
$

 
$
23,618

1.
An adjustment of $194 thousand was made during the fourth quarter of fiscal year 2015.
The total pre-tax gain on the sale for the year ended June 30, 2015, includes the following (in thousands):
 
Cash proceeds from the sale of the ASO business
 
$
53,189

Receivable for indemnity holdback
 
6,100

Liabilities assumed by the Buyer
 
2,478

Net book value of assets sold
 
(36,175
)
Other
 
(156
)
Gain on sale of our former ASO business
 
$
25,436