Discontinued Operations

9 Months Ended

Jan. 31, 2013

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 January 31,				Nine months ended January 31,
		2013		2012		2013		2012
Revenues	$	-	$	50,508	$	-	$	416,436
Pretax income (loss) from operations:
RSM and related businesses	$	(511)	$	1,117	$	(204)	$	18,831
Mortgage		(765)		(27,385)		(10,639)		(54,019)
		(1,276)		(26,268)		(10,843)		(35,188)
Income tax benefit		(483)		(6,462)		(4,215)		(10,268)
Net loss from operations		(793)		(19,806)		(6,628)		(24,920)
Pretax loss on sales of businesses		-		(236)		-		(109,485)
Income tax benefit		-		(20,260)		-		(59,969)
Net gain (loss) on sales of businesses		-		20,024		-		(49,516)
Net income (loss) from discontinued operations	$	(793)	$	218	$	(6,628)	$	(74,436)