Discontinued Operations (Tables)

9 Months Ended

Sep. 23, 2012

Discontinued Operations and Disposal Groups [Abstract]

Selected Financial Information Included In Earnings And Balance Sheet

As of September 23, 2012 and December 25, 2011 the classification was as follows:



(amounts in thousands)	September 23, 2012		December 25, 2011
Accounts receivable, net	$	1,525	$	1,519
Inventories	1,045		1,087
Property, plant, and equipment, net	18		11
Goodwill	—		370
Other intangibles, net	312		1,754
Other assets	936		1,579
Assets of discontinued operations held for sale	$	3,836	$	6,320

Accounts payable	$	372	$	551
Accrued compensation and related taxes	—		40
Other accrued expenses	284		599
Unearned revenues	421		169
Restructuring reserve	—		78
Other liabilities	1		3
Liabilities of discontinued operations held for sale	$	1,078	$	1,440

The Company’s discontinued operations reflect the operating results for the disposal group. The results for the three and nine months ended September 23, 2012 and September 25, 2011 have been reclassified to show the results of operations for the Banking Security Systems Integration business unit as discontinued operations, net of tax, on the Consolidated Statement of Operations. Below is a summary of these results:



	Quarter						Nine Months
	(13 weeks) Ended						(39 weeks) Ended
(amounts in thousands)	September 23, 2012			September 25, 2011			September 23, 2012			September 25, 2011
Net revenue	$	2,808		$	3,077		$	10,504		$	8,985
Gross profit	355			532			1,431			1,329
Selling, general, and administrative expenses	752			1,055			2,416			3,090
Restructuring expenses	—			113			—			113
Intangible impairment	770			—			1,442			—
Goodwill impairment	—			—			370			—
Operating loss	(1,167		)	(636		)	(2,797		)	(1,874		)
Loss from discontinued operations before income taxes	(1,167		)	(636		)	(2,797		)	(1,874		)
Loss from discontinued operations, net of tax⁽¹⁾	$	(1,167	)	$	(1,069	)	$	(2,797	)	$	(1,874	)


⁽¹⁾	As this business is located in the U.S. and a full valuation allowance is recorded in the U.S., there is no tax impact on the loss from discontinued operations for the three and nine months ended September 23, 2012, and the nine months ended September 25, 2011.

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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