Schedule of Major Classes of Assets and Liabilities & Non-Cash Items and Cash Flows from Investing Activities Related to Discontinued Operations |
The following table presents loss from discontinued operations, net of tax: | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | In thousands | | June 29, 2024 | | June 29, 2024 | Revenue: | | | | | Net product sales | | $ | 53,471 | | | $ | 127,070 | | Net sales of services and plans | | — | | | 4,513 | | Total net revenue | | 53,471 | | | 131,583 | | Costs applicable to revenue (exclusive of depreciation and amortization): | | | | | Products | | 49,901 | | | 109,528 | | Services and plans | | 7 | | | 2,762 | | Total costs applicable to revenue | | 49,908 | | | 112,290 | | Operating expenses: | | | | | Selling, general and administrative expenses | | 6,542 | | | 23,164 | | Depreciation and amortization | | 370 | | | 1,331 | | Other expense (income), net | | (8) | | | (20) | | Total operating expenses | | 6,904 | | | 24,475 | | Loss from discontinued operations before income taxes | | (3,341) | | | (5,182) | | Income tax (benefit) from discontinued operations | | (1,257) | | | (3,030) | | Loss from discontinued operations, net of tax | | $ | (2,084) | | | $ | (2,152) | |
The following table presents significant non-cash items and cash flows from investing activities related to discontinued operations: | | | | | | | | | | | Six Months Ended | In thousands | | | June 29, 2024 | Adjustments to reconcile net income to net cash provided by operating activities: | Depreciation and amortization | | | 1,331 | | | | | | | | | | Stock-based compensation expense | | | 81 | | | | | | Inventory adjustments | | | 441 | | Other | | | (564) | | Cash flows from investing activities: | | | | | | | | Other | | | 1,732 | |
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