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DISCONTINUED OPERATIONS (Tables)
 9 Months Ended
Mar. 01, 2014
Summary financial results
Summary financial results for the three and nine months ended March 1, 2014, and March 2, 2013, are presented in the following table (in thousands):

Three Months Ended
 
Nine Months Ended

March 1, 2014
 
March 2, 2013
 
March 1, 2014
 
March 2, 2013
Net sales
$
111

 
$
(33
)
 
$
375

 
$
466

Gross loss (1)
(254
)
 
(297
)
 
(357
)
 
(518
)
Selling, general, and administrative expenses
37

 
231

 
186

 
497

Income tax provision (benefit)
129

 
(346
)
 
(5
)
 
(543
)
Loss from discontinued operations, net of tax
$
(420
)
 
$
(182
)
 
$
(538
)
 
$
(472
)

Notes:
(1) Gross loss for fiscal year 2014 and 2013 includes unabsorbed manufacturing labor and overhead expenses and adjustments to inventory reserves related to the Manufacturing Agreement with RFPD which ended March 1, 2014.
Assets and liabilities classified as discontinued operations
Assets and liabilities classified as discontinued operations on our consolidated balance sheets as of March 1, 2014, and June 1, 2013, include the following (in thousands):

March 1, 2014
 
June 1, 2013
Inventories
$
85

 
$
303

Receivables - current (1)
63

 
—

Discontinued operations - Assets
$
148

 
$
303

 
 
 
 
Accrued liabilities - current
$
—

 
$
245

Accrued liabilities - non-current (2)
133

 
—

Discontinued operations - Liabilities
$
133

 
$
245


Notes:
(1) Included in receivables as of March 1, 2014, is a receivable from Arrow for cash collections.
(2) Accrued liabilities - non-current as of March 1, 2014 relates to a reserve for an income tax liability due to an ongoing audit in Italy.