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DISCONTINUED OPERATIONS (Tables)
3 Months Ended
Jun. 29, 2012
DISCONTINUED OPERATIONS  
Schedule of results from discontinued operations and their current and non-current assets and liabilities

The results from discontinued operations were as follows:

 

 

 

Three-Month Periods Ended

 

 

 

June 29, 2012

 

July 1, 2011

 

 

 

(In thousands)

 

Net sales

 

$

2,697

 

$

41,547

 

Cost of sales

 

$

7,317

 

42,103

 

Gross loss

 

(4,620

)

(556

)

Selling, general and administrative expenses

 

$

434

 

$

3,157

 

Loss on sale of business and other expenses (income), net

 

$

4,915

 

$

(39

)

Loss before income taxes

 

(9,969

)

(3,674

)

Benefit from income taxes

 

$

(988

)

$

(242

)

Net loss of discontinued operations

 

$

(8,981

)

$

(3,432

)

 

The current and non-current assets and liabilities of discontinued operations were as follows:

 

 

 

As of

 

 

 

March 31, 2012

 

 

 

(In thousands)

 

Account receivable, net

 

$

892

 

Inventories

 

3,723

 

Other current assets

 

471

 

Total current assets of discontinued operations

 

$

5,086

 

 

 

 

 

Property and equipment, net

 

$

22,671

 

Total non-current assets of discontinued operations

 

$

22,671

 

 

 

 

 

Accounts payable

 

$

3,593

 

Other current liabilities

 

4,651

 

Total current liabilities of discontinued operations

 

$

8,244