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PCTEL Secure - discontinued operations (Tables)
6 Months Ended
Jun. 30, 2013
Assets and liabilities classified as discontinued operations held for sale on condensed consolidated balances sheets

Summary results of operations for the discontinued operations included in the condensed consolidated statement of operations for the three and six months ended June 30, 2013 and 2012 are as follows:

 

     Three Months Ended     Six Months Ended  
     June 30,     June 30,  
     2013     2012     2013     2012  

Operating expenses

   $ 71      $ 783      $ 191      $ 1,503   

Other income, net

     0        0        0        (41

Net loss attributable to noncontrolling interests

     0        (334     0        (686

Adjustments to redemption value of noncontrolling interests

     0        526        0        647   
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss from discontinued operations, before income taxes

     (71     (975     (191     (1,423

Benefit for income tax

     (49     (201     (82     (325
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss from discontinued operations, net of tax

   ($ 22   ($ 774   ($ 109   ($ 1,098
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) from discontinued operations per common share:

        

Basic

   ($ 0.00   ($ 0.04   ($ 0.01   ($ 0.06

Diluted

   ($ 0.00   ($ 0.04   ($ 0.01   ($ 0.06

Weighted average shares:

        

Basic

     17,790        17,404        17,731        17,317   

Diluted

     18,075        17,404        17,973        17,317   
Balance Sheet [Member]
 
Assets and liabilities classified as discontinued operations held for sale on condensed consolidated balances sheets

Assets and liabilities classified as discontinued operations held for sale on the condensed consolidated balances sheets as of June 30, 2013 and December 31, 2012 include the following:

 

     June 30, 2013      December 31, 2012  

Cash and cash equivalents

   $ 0       $ 16   

Fixed assets

     0         2   
  

 

 

    

 

 

 

Total assets

   $ 0       $ 18   
  

 

 

    

 

 

 

Accounts payable

   $ 0       $ 86   

Accrued liabilities

     0         17   
  

 

 

    

 

 

 

Total liabilities

   $ 0       $ 103