Discontinued Operations

6 Months Ended

Oct. 31, 2012

Discontinued Operations [Abstract]

Discontinued Operations

14.  Discontinued Operations

Our discontinued operations consist of our former Business Services segment and SCC. We sold RSM and MCM in fiscal year 2012. SCC exited its mortgage business in fiscal year 2008.

The results of operations of our discontinued operations are as follows:  

								(in 000s)
		Three months ended October 31,				Six months ended October 31,
		2012		2011		2012		2011
Revenues	$	-	$	199,042	$	-	$	365,928
Pretax income (loss) from operations:
RSM and related businesses	$	(221)	$	10,583	$	307	$	17,714
Mortgage		(6,411)		(23,980)		(9,874)		(26,634)
		(6,632)		(13,397)		(9,567)		(8,920)
Income taxes (benefit)		(2,588)		(6,002)		(3,732)		(3,806)
Net income (loss) from operations		(4,044)		(7,395)		(5,835)		(5,114)
Pretax loss on sales of businesses		-		(9,552)		-		(109,249)
Income tax benefit		-		1,764		-		(39,709)
Net loss on sales of businesses		-		(11,316)		-		(69,540)
Net loss from discontinued operations	$	(4,044)	$	(18,711)	$	(5,835)	$	(74,654)