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

12 Months Ended

Jun. 30, 2015

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 consolidated statements of operations (in thousands): 

	Year Ended   June 30,
	2015			2014
Major line items constituting income of discontinued operations
Revenue	$	2,807		$	16,294
Cost of revenue	(1,313		)	(10,704		)
Selling, general and administrative	(128		)	(786		)
Other expense, net	(63		)	(193		)
Gain on sale of discontinued operations	25,436			—
Income tax expense	(6,138		)	(4,154		)
Income on discontinued operations	$	20,601		$	457

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

Schedule of total pre tax gain on the sale

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

	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
Short-term deferred revenue	873
Term note payable	5,655
Long-term deferred revenue	237
Total liabilities of discontinued operations	$	7,581