Discontinued Operations (Tables)

9 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Summary of Discontinued Operations

Summarized results of operations of GAS for the three and nine months ended December 31, 2019 and 2018 through the date of disposition are as follows (in thousands):

	Three Months Ended December 31,				Nine Months Ended December 31,
	2019		2018		2019		2018
Net sales	$	—	$	8,137	$	16,637	$	25,658
Operating Expense	—		(8,537)		(17,319)		(26,887)
Loss from discontinued operations before income taxes	—		(400)		(682)		(1,229)
Income tax benefit	—		(24)		(612)		(73)
Loss from discontinued operations, net of tax	$	—	$	(376)	$	(70)	$	(1,156)

The following table presents summary balance sheet information of GAS that is presented as discontinued operations as of March 31, 2019 (in thousands):

Assets:	March 31, 2019
Cash and cash equivalents	$	107
Accounts receivable, net	8,197
Income tax receivable	16
Inventories, net	2,512
Other current assets	769
Current assets of discontinued operations	11,601
Property and equipment, net	554
Intangible assets, net	228
Goodwill	190
Other non-current assets	292
Non-current assets of discontinued operations	1,264
Liabilities:
Accounts payable	1,144
Income tax payable	(226)
Accrued expenses	669
Current liabilities of discontinued operations	$	1,587