Discontinued Operations

12 Months Ended

Dec. 28, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

In June of 2012, consistent with the Company's plans to complete its assessment and evaluation of the non-core businesses acquired in the Integral acquisition, the Company committed to a plan to sell certain lines of business associated with antennas, satellite-cased products and fly-away terminals. These operations were previously reported in the KGS segment, and in accordance with Topic 205, these businesses have been classified as held for sale and reported in discontinued operations in the accompanying consolidated financial statements. In the second quarter of 2012, the Company recorded a $1.5 million impairment charge associated with the portion of goodwill that was allocated to the discontinued businesses based on management's estimate of the fair value of the discontinued businesses. The Company sold its domestic operations to two buyers for approximately $0.8 million in cash consideration and the assumption of certain liabilities. The Company received $0.3 million in cash in 2012 from the first buyer and $0.5 million in cash in April 2013 from the second buyer. The Company recorded a $1.2 million impairment charge in the first quarter of 2013 related to its revised estimate of the fair value of these operations.

The following table presents the results of discontinued operations including gain and loss on disposals which is included in loss before taxes (in millions):

	Year ended December 30, 2012			Year ended December 29, 2013			Year ended December 28, 2014
Revenue	$	18.5		$	3.7		$	—
Loss before taxes	(1.8		)	(5.3		)	—
Benefit for income taxes	(0.3		)	—			—
Net loss	$	(1.5	)	$	(5.3	)	$	—

The benefit for income taxes for the year ended December 30, 2012 was primarily due to the expiration of the statute of limitations for certain foreign tax contingencies related to the Company’s discontinued wireless services business.

The following is a summary of the liabilities of discontinued operations, which are in other current liabilities and other long-term liabilities in the accompanying Consolidated Balance Sheets as of December 29, 2013 and December 28, 2014 (in millions):

	December 29, 2013		December 28, 2014
Accrued expenses and accounts payable	$	1.1	$	0.7
Other current liabilities	1.4		0.5
Current liabilities of discontinued operations	$	2.5	$	1.2
Other long-term liabilities of discontinued operations	$	0.2	$	—