Discontinued Operations

9 Months Ended

Apr. 27, 2013

Discontinued Operations

3.  Discontinued Operations

On January 31, 2013, the Company completed the Asset Sale for a total purchase price of $18.75 million in cash and the assumption by Buyer of certain related liabilities. The transfer of the equity interests of the Company’s subsidiary in Shanghai occurred on March 25, 2013.

The financial results of the Intelligent Bandwidth Management Business have been classified as discontinued operations for all periods presented.

	Two months ended March  23, 2013			Three months ended April  28, 2012		Eight months ended March  23, 2013			Nine months ended April  28, 2012
Revenue	$	732		$	11,922	$	22,266		$	40,486
Cost of revenue		71			5,455		8,802			17,152
Operating expenses		1,816			5,603		14,452			16,579
Income tax expense		134			300		1,385			2,710
Net income (loss) from discontinued operations, net of tax		(1,289	)		564		(2,373	)		4,045
Gain on sale of discontinued operations, net of tax		7,084			0		7,084			0
Total discontinued operations	$	5,795		$	564	$	4,711		$	4,045