Quarterly report pursuant to sections 13 or 15(d)

Discontinued Operations

v2.4.0.6
Discontinued Operations
 3 Months Ended
Mar. 31, 2012
Discontinued Operations [Abstract]  
Discontinued Operations
2. Discontinued Operations:

On October 28, 2010, the Company signed an Asset Purchase Agreement (the "Purchase Agreement") with Next Step Products, LLC. Pursuant to the Purchase Agreement, the Company sold substantially all of the assets of its Legacy Commercial and Pool Lighting Businesses. The results of operations of the Legacy Commercial and Pool Lighting Businesses have been reflected as discontinued operations for all periods presented.

The components of discontinued operations for the three months ended March 31, 2012 and 2011 are as follows:

 

                 
     Three Months Ended March 31,  
     2012        2011  

Revenue

    $ 683         $ 6,423   
     

Income from operations

    $ 683         $ 6,033   

Loss on sale of divisions

      —             (648 ) 
    

 

 

       

 

 

  

Discontinued operations

    $           683         $        5,385