Discontinued Operations

6 Months Ended

Jun. 28, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

DISCONTINUED OPERATIONS

On March 28, 2011, the Company disposed of its Phase I clinical business though the Company remained the guarantor of a facility lease that runs through January 2021 with remaining lease payments of $10,702 at June 28, 2014. The lease liability for the Company's obligation under the lease is presented net of estimated sublease income and reflected on the consolidated balance sheet as a liability of discontinued operations.

The consolidated financial statements classify, as discontinued operations, the assets and liabilities, operating results and cash flows, of businesses that are discontinued for all periods presented. Operating results from discontinued operations are as follows:

	Three Months Ended						Six Months Ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
Loss from operations of discontinued businesses, before income taxes	$	(1,551	)	$	(1,502	)	$	(1,576	)	$	(1,722	)
Benefit for income taxes	907			587			662			652
Loss from operations of discontinued businesses, net of taxes	$	(644	)	$	(915	)	$	(914	)	$	(1,070	)

Assets and liabilities of discontinued operations at June 28, 2014 and December 28, 2013 consisted of the following:

	June 28, 2014		December 28, 2013
Current assets	$	856	$	750
Long-term assets	3,261		3,151
Total assets	$	4,117	$	3,901
Current liabilities	$	2,181	$	1,931
Long-term liabilities	8,271		8,080
Total liabilities	$	10,452	$	10,011

Current and long-term assets include deferred tax assets. Current and long-term liabilities consist primarily of estimated lease payments, less sublease income, for the Phase I facility.