DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Dec. 31, 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						Nine-Month Periods Ended
	December 31, 2012			December 31, 2011			December 31, 2012			December 31, 2011
	(In thousands)
Net sales	$	8,581		$	23,376		$	40,593		$	111,752
Cost of sales	8,487			27,269			42,793			113,332
Gross profit (loss)	94			(3,893		)	(2,200		)	(1,580		)
Selling, general and administrative expenses	3			(920		)	1,930			6,866
Intangibles amortization	—			1,031			11,000			5,294
Interest and other expense, net	7,333			80			11,280			54
Loss before income taxes	(7,242		)	(4,084		)	(26,410		)	(13,794		)
Provision for (benefit from) income taxes	6			(55		)	(959		)	(365		)
Net loss of discontinued operations	$	(7,248	)	$	(4,029	)	$	(25,451	)	$	(13,429	)

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

	As of
	March 31, 2012
	(In thousands)
Accounts receivable, net	$	9,222
Inventories	11,002
Other current assets	1,418
Total current assets of discontinued operations	$	21,642
Property and equipment, net	$	30,377
Goodwill and other intangibles, net	11,000
Other assets	40
Total non-current assets of discontinued operations	$	41,417
Accounts payable	$	14,455
Other current liabilities	10,399
Total current liabilities of discontinued operations	$	24,854