Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v2.4.1.9
Discontinued Operations (Tables)
 9 Months Ended
Mar. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
Summarized results of the Company's discontinued operations are as follows:
 
 
THREE MONTHS ENDED

NINE MONTHS ENDED
 
 
March 31,

March 31,
 
 
2015
 
2014

2015

2014
 
(In thousands)
(In thousands)
Revenue
 
$
—

 
$
356


$
—


$
814

Net income from discontinued operations
 
$
—

 
$
27,593


$
—


$
24,937

The Company recorded purchase price adjustments pursuant to the Sale Deed relating to the reimbursement of Dingo development costs and post completion costs. As of March 31, 2014, the gain related to the Company's discontinued operations is summarized as follows:
 
March 31,
2014
 
(In thousands)
Assets and liabilities sold
 
Property and equipment, net
$
(10,100
)
Deferred income taxes
(7,217
)
Goodwill allocated to disposal group
(1,000
)
Asset retirement obligations
4,457

Other assets and liabilities, net
1,178

Total assets and liabilities of discontinued operations
(12,682
)
 
 
Consideration
 
First cash installment - received on Central Closing Date
13,859

Second cash installment - received on April 15, 2014
4,624

Stock of Central
19,147

Total consideration
37,630

 
 
Reclassification of foreign currency translation gains to earnings upon sale of foreign subsidiary
6,049

Transaction costs
(815
)
Gain on disposal of discontinued operations, net of tax
$
30,182