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DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Sep. 28, 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

 

Six-Month Periods Ended

 

 

 

September 28,
2012

 

September 30,
2011

 

September 28,
2012

 

September 30,
2011

 

 

 

(In thousands)

 

Net sales

 

$

15,767

 

$

35,914

 

$

32,013

 

$

88,376

 

Cost of sales

 

14,415

 

33,046

 

34,305

 

86,063

 

Gross profit (loss)

 

1,352

 

2,868

 

(2,292

)

2,313

 

Selling, general and administrative expenses

 

760

 

3,691

 

1,927

 

7,786

 

Intangibles amortization

 

9,969

 

3,081

 

11,000

 

4,263

 

Interest and other expense (income), net

 

520

 

48

 

3,948

 

(27

)

Loss before income taxes

 

(9,897

)

(3,952

)

(19,167

)

(9,709

)

Provision for (benefit from) income taxes

 

9

 

117

 

(964

)

(310

)

Net loss of discontinued operations

 

$

(9,906

)

$

(4,069

)

$

(18,203

)

$

(9,399

)

 

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

 

 

As of

 

As of

 

 

 

September 28, 2012

 

March 31, 2012

 

 

 

(In thousands)

 

Accounts receivable, net

 

$

10,752

 

$

9,222

 

Inventories

 

7,970

 

11,002

 

Other current assets

 

1,096

 

1,418

 

Total current assets of discontinued operations

 

$

19,818

 

$

21,642

 

 

 

 

 

 

 

Property and equipment, net

 

$

6,652

 

$

30,377

 

Goodwill and other intangibles, net

 

 

11,000

 

Other assets

 

40

 

40

 

Total non-current assets of discontinued operations

 

$

6,692

 

$

41,417

 

 

 

 

 

 

 

Accounts payable

 

$

14,696

 

$

14,455

 

Other current liabilities

 

4,825

 

10,399

 

Total current liabilities of discontinued operations

 

$

19,521

 

$

24,854