H&R BLOCK INC | 2013 | FY | 3


DISCONTINUED OPERATIONS
Discontinued operations consist of our former Business Services segment and SCC. We sold RSM and MCM in fiscal year 2012. SCC exited its mortgage business in fiscal year 2008.
Results of our discontinued operations are as follows:
(in 000s)
 
Year ended April 30,
 
2013

 
2012

 
2011

Revenues
 
$

 
$
417,168

 
$
828,725

Pretax income (loss) from operations:
 
 
 
 
 
 
RSM and related businesses
 
$
1,205

 
$
14,441

 
$
48,021

Mortgage
 
(52,077
)
 
(59,702
)
 
(20,644
)
 
 
(50,872
)
 
(45,261
)
 
27,377

Income taxes (benefit)
 
(19,662
)
 
(13,329
)
 
13,814

Net income (loss) from operations
 
(31,210
)
 
(31,932
)
 
13,563

Pretax loss on sales of businesses
 

 
(109,719
)
 

Income tax benefit
 

 
(61,615
)
 

Net loss on sales of businesses
 

 
(48,104
)
 

Net income (loss) from discontinued operations
 
$
(31,210
)
 
$
(80,036
)
 
$
13,563


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