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Discontinued Operations
12 Months Ended
Sep. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations
The Granville-Phillips business unit developed, manufactured, sold and serviced vacuum measurement and gas analysis instrumentation to semiconductor and non-semiconductor customers. In March 2014, the Company entered into an agreement to sell this business for $87.0 million in cash. The sale was completed on May 30, 2014. The Company’s historical financial statements have been revised to present the operating results of the Granville-Phillips business as a discontinued operation. Summarized results of the discontinued operation are as follows for the fiscal year ended September 30, 2014 (in thousands):
 
Amount
Revenue
$
18,921

Income from discontinued operations
4,888

Gain on the sale of the discontinued operations
56,804

Income tax provision
31,690

Income from discontinued operations, net of tax
$
30,002


The operating results of the Granville-Phillips business were historically included in the results of operations for the Brooks Semiconductor Solutions segment.
The presentation of the Granville-Phillips business as a discontinued operation had no impact on previously reported net (loss) income or stockholders' equity.