| Major Classes of Assets and Liabilities and Results of Operations of Discontinued Operations |
The following table presents a reconciliation of the carrying amounts of major classes of assets and liabilities of the discontinued operations to the total assets and liabilities of the disposal group classified as held for sale that are presented separately in the consolidated balance sheets (in thousands): | | | | | | | | | | February 3, 2018 | | January 28, 2017 | Current assets held for sale: | | | | Inventory | $ | — |
| | $ | 9,281 |
| Property and equipment, net | — |
| | 5,270 |
| Goodwill | — |
| | 36,636 |
| Acquired intangible assets, net | — |
| | 3,799 |
| Other | — |
| | 1,490 |
| Current assets held for sale for discontinued operations | — |
| | 56,476 |
| Other assets held for sale | | | | Property and equipment, net | 30,767 |
| | 601 |
| Total assets of the disposal group classified as held for sale | $ | 30,767 |
| | $ | 57,077 |
| Current liabilities held for sale: | | | | Deferred Income | $ | — |
| | $ | 5,818 |
| Total liabilities of the disposal group classified as held for sale | $ | — |
| | $ | 5,818 |
|
The following table presents a reconciliation of the major financial lines constituting the results of operations for discontinued operations to the net income (loss) from discontinued operations presented separately in the consolidated statement of operations (in thousands):
| | | | | | | | | | | | | | Year Ended | | February 3, 2018 | | January 28, 2017 | | January 30, 2016 | Net revenue | $ | 94,137 |
| | $ | 115,437 |
| | $ | 123,332 |
| Cost of goods sold | 47,499 |
| | 72,764 |
| | 88,616 |
| Gross Profit | 46,638 |
| | 42,673 |
| | 34,716 |
| Operating expenses: | | | | | | Research and development | 34,530 |
| | 88,538 |
| | 99,603 |
| Selling, general and administrative | 6,925 |
| | 6,415 |
| | 6,442 |
| Total operating expenses | 41,455 |
| | 94,953 |
| | 106,045 |
| Income (loss) from discontinued operations before income taxes | 5,183 |
| | (52,280 | ) | | (71,329 | ) | Gain from sale of discontinued operations | 88,406 |
| | — |
| | — |
| Provision for income taxes | 5,900 |
| | 1,390 |
| | 1,630 |
| Net income (loss) from discontinued operations | $ | 87,689 |
| | $ | (53,670 | ) | | $ | (72,959 | ) |
|