Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2013

Components of Assets and Liabilities and Operating Results of Discontinued Operations

The major components of the assets and liabilities of discontinued operations as of December 31, 2013 and 2012, respectively, are as follows (in thousands):

	2013		2012
Accounts receivable, net	$	—	$	2,981
Inventories		—		8,231
Other assets		—		694
Property, plant and equipment, net		—		5,712
Assets of discontinued operations	$	—	$	17,618
Accounts payable	$	10	$	1,358
Accrued expenses and other current liabilities		44		2,116
Deferred revenue		—		1,453
Other liabilities		—		678
Liabilities of discontinued operations	$	54	$	5,605

The following table presents the Semiconductor Systems and Laser Systems operating results which are reported as discontinued operations in the Company’s consolidated statements of operations (in thousands):

	Year Ended December 31,
	2013			2012			2011
Sales from discontinued operations	$	9,090		$	44,655		$	61,984
Income (loss) from discontinued operations before income taxes	$	(1,713	)	$	(5,041	)	$	7,837
Income (loss) from discontinued operations, net of tax	$	(927	)	$	(5,151	)	$	7,325
Gain (loss) on disposal of discontinued operations, net of tax	$	(592	)	$	2,255		$	—