Discontinued Operations And Assets Held For Sale

6 Months Ended

Mar. 30, 2012

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations And Assets Held For Sale

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE:

On September 30, 2011, the Company completed the sale of its wholly-owned subsidiary, Galls, LLC (“Galls”), for approximately $75.0 million in cash. The transaction resulted in a pretax loss of approximately $1.5 million (net of tax loss of approximately $12.0 million) during fiscal 2011. Galls is accounted for as a discontinued operation in the Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Income. Galls’ results of operations have been removed from the Company’s results of continuing operations for all periods presented. Galls was previously included in the Uniform and Career Apparel segment. All related disclosures have also been adjusted to reflect the discontinued operation.

Summarized selected financial information of discontinued operations is as follows (in thousands):

	Three Months Ended		Three Months Ended
	March 30, 2012		April 1, 2011
Sales	$	—	$	41,544
Income before income taxes	—		648
Income tax provision	—		256
Income from discontinued operations	$	—	$	392
	Six Months Ended		Six Months Ended
	March 30, 2012		April 1, 2011
Sales	$	—	$	81,363
Income before income taxes	491		579
Income tax provision	194		232
Income from discontinued operations	$	297	$	347

The assets of the discontinued operation are stated separately in the Condensed Consolidated Balance Sheets as held for sale, which consists of property.