Quarterly report pursuant to Section 13 or 15(d)

Divestiture of Disc Publishing Business (Tables)

v3.3.0.814
Divestiture of Disc Publishing Business (Tables)
9 Months Ended
Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued operations net income and major classes of assets and liabilities
Revenue, operating income, income tax expense and net income (loss) from discontinued operations were as follows (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Net revenue
$

 
$

 
$

 
$
29,922

Operating income (loss)

 
(97
)
 

 
4,520

Gain on sale of discontinued operations

 
16,182

 

 
16,182

Income tax expense (benefit)
(92
)
 
4,526

 
(92
)
 
6,427

Net income (loss) from discontinued operations, net of tax
$
79

 
$
11,559

 
$
(10
)
 
$
14,365

The major classes of assets and liabilities from discontinued operations were as follows (in thousands):
 
September 30,
2015
 
December 31,
2014
Current assets from discontinued operations
$

 
$
1,026

Accrued compensation
$

 
$
31

Other current liabilities
50

 
417

Current liabilities from discontinued operations
$
50

 
$
448