Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

Discontinued Operations (Tables)

6 Months Ended

Mar. 31, 2014

As of July 7, 2013, the Board of Directors of General Employment Enterprises, Inc. determined that the best course of action related to the Agricultural Division was to terminate operations and to liquidate the Division’s assets and to focus the business on the light industrial and professional divisions. On July 7, 2013, all staffing was discontinued and the entire operations of the Agricultural Division were discontinued as of August 1, 2013. All employees have been terminated and an expense of approximately $100,000 was recognized as of June 30, 2013.

	Three Months Ended March,								Six Months Ended March,
(In Thousands)	2014				2013				2014			2013

Discontinued Operations
Agricultural services revenue – net		$	-			$	2,130		$	-		$	3,756
Agricultural services gross margin			0	%			3.4	%		0	%		3.6	%
Agricultural services net loss			-				(36	)		-			(50	)
Accounts receivable net – Agricultural services		$	229				549		$	229		$	549
Fixed assets – Agricultural services			-				0			-			0
Total assets – Agricultural services		$	229				549		$	229		$	549
Total liabilities – Agricultural services		$	-			$	40		$	-		$	40

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details