Quarterly report pursuant to sections 13 or 15(d)

Discontinued Operations

v2.4.0.6
Discontinued Operations
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2012 and 2011 are as follows:

 

                                 
    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2012     2011     2012     2011  

Revenue

   $ —       $ 1,071     $ 683     $ 7,494  
         

Income (loss) from operations

   $ —       $ (1,581 )    $ 683     $ 4,452  

Gain (loss) on sale of divisions

     —         26       —         (622 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Discontinued operations

   $ —       $ (1,555 )    $ 683     $ 3,830