Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v2.4.0.6
Discontinued Operations (Tables)
 9 Months Ended
Oct. 31, 2012
Discontinued Operations and Disposal Groups [Abstract]  
Schedule Of Disposal Groups Including Discontinued Operations Income Statement and Additional Disclosures [Table Text Block]

The following table details selected financial information for our former Broadcast Servers and Storage and Media Services business units: (amounts in thousands)

 

    Three Months Ended October 31, 2012     Nine Months Ended October 31, 2012  
    Servers and
Storage		     Media
Services		     Total
Discontinued
Operations		     Servers and
Storage		     Media
Services		     Total
Discontinued
Operations		  
Revenues(a):                                    
Products   $ 170     $ -     $ 170     $ 1,010     $ -     $ 1,010  
Services     56       -       56       782       9,315       10,097  
Total revenues   $ 226     $ -     $ 226     $ 1,792     $ 9,315     $ 11,107  
Income (loss) from discontinued operations:                                                
Income (loss) from discontinued operations, before tax   $ 183     $ -     $ 183     $ (2,101 )   $ (248 )   $ (2,349 )
Income tax provision     60       36       96       110       22       132  
Loss in investment in affiliates     -       -       -       -       (174 )     (174 )
Income (loss) from discontinued operations, after tax   $ 123     $ (36 )   $ 87     $ (2,211 )   $ (444 )   $ (2,655 )

 

    Three Months Ended October 31, 2011     Nine Months Ended October 31, 2011  
    Servers and
Storage		     Media
Services		     Total
Discontinued
Operations		     Servers and
Storage		     Media
Services		     Total
Discontinued
Operations		  
Revenues:                                    
Products   $ 1,039     $ -     $ 1,039     $ 5,240     $ -     $ 5,240  
Services     1,544       7,865       9,409       4,262       24,541       28,803  
Total revenues   $ 2,583     $ 7,865     $ 10,448     $ 9,502     $ 24,541     $ 34,043  
(Loss) income from discontinued operations:                                                
(Loss) income from discontinued operations, before tax   $ (755 )   $ (314 )   $ (1,069 )   $ (1,405 )   $ 499     $ (906 )
Income tax provision (benefit)     25       (135 )     (110 )     75       71       146  
Income in investment in affiliates     -       259       259       -       193       193  
(Loss) income from discontinued operations, after tax   $ (780 )   $ 80     $ (700 )   $ (1,480 )   $ 621     $ (859 )

 

 

(a) Represents revenues recoginzed during the current period that were deferred prior to the sale our Broadcast Servers and Storage business.
Schedule Of Disposal Groups Including Discontinued Operations Balance Sheet and Additional Disclosures [Table Text Block]

The major classes of assets and liabilities related to discontinued operations are as follows at January 31, 2012:

 

    January 31, 2012  
    Servers and
Storage 		    Media
Services 		    Total
Discontinued
Operations 		 
    (amounts in thousands)  
Assets                        
Current assets:                        
Accounts receivable   $ -     $ 8,371     $ 8,371  
Inventories, net     2,940       -       2,940  
Prepaid expenses and other current assets     170       2,725       2,895  
Total current assets related to discontinued operations   $ 3,110     $ 11,096     $ 14,206  
Non current assets:                        
Goodwill     594       19,226     $ 19,820  
Intangibles     -       1,329       1,329  
Property and equipment, net     1,653       10,404       12,057  
Other assets     108       343       451  
Total non-current assets related to discontinued operations   $ 2,355     $ 31,302     $ 33,657  
                         
Liabilities                        
Current liabilities:                        
Accounts payable   $ -     $ 1,148     $ 1,148  
Accrued expenses     -       6,140       6,140  
Deferred revenues     2,779       738       3,517  
Total current liabilities related to discontinued operations   $ 2,779     $ 8,026     $ 10,805  
Non-current liabilities:                        
Other non-current liabilities     -       739       739  
Total non-current liabilities related to discontinued operations   $ -     $ 739     $ 739