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Discontinued Operations (Tables)
3 Months Ended
Mar. 29, 2013
Discontinued Operations And Disposal Groups [Abstract]  
Schedule of Details on Income Statement Caption on TSA Billing

The table below provides details on the income statement caption under which the TSA billing was recorded (in thousands):

 

     Three months ended  
     March 29, 2013  

Product cost of revenue

   $ 175   

Research and development

     9   

Selling, general and administrative

     144   
  

 

 

 

Total TSA billing to Aurora

   $ 328   
  

 

 

 
Recorded Gain With the Sale of Cable Access HFC Business

The Company recorded a gain of $15.0 million in connection with the sale of the cable access HFC business, calculated as follows (in thousands):

 

Gross Proceeds

     $ 46,000   

Less : carrying value of net assets

    

Inventories, net

   $ 10,487     

Prepaid expenses and other current assets

     612     

Property and equipment, net

     1,133     

Goodwill de-recognized

     14,547     

Deferred revenue

     (4,499  

Accrued liabilities

     (939  
  

 

 

   

 

 

 

Total net assets sold and de-recognized

     $ 21,341   

Less : selling cost

     $ 2,469   

Less : Tax effect

     $ 7,234   
    

 

 

 

Gain on disposal, net of tax

     $ 14,956   
    

 

 

 
Revenues and Components of Net Income Related to Discontinued Operations

Revenue and the components of net income related to the discontinued operations for the three months ended March 29, 2013 and March 30, 2012 were as follows:

 

     Three months ended  
     March 29, 2013     March 30, 2012  

Revenue

   $ 9,556      $ 11,282   
  

 

 

   

 

 

 

Operating income

   $ 834      $ 1,226   

Less: (Benefit from) provision for income taxes

     (134     19   

Add: Gain on disposal, net of tax

     14,956        —     
  

 

 

   

 

 

 

Income from discontinued operations, net of taxes

   $ 15,924      $ 1,207