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DISCONTINUED OPERATIONS: (Tables)
6 Months Ended
Sep. 30, 2014
DISCONTINUED OPERATIONS:  
Schedule of summary results of operations for discontinued operations

Summary results of operations of the 2Touch business unit for the three and six months ended September 30, 2014 and 2013, respectively, are segregated and included in earnings (loss) from discontinued operations, net of tax, in the condensed consolidated statements of operations and are as follows (dollars in thousands):

 

 

 

For the quarter ended
September 30

 

For the six months ended
September 30

 

 

 

2014

 

2013

 

2014

 

2013

 

Revenues

 

$

1,478

 

$

8,494

 

$

7,240

 

$

17,509

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) from discontinued operations before income taxes

 

$

(48

)

$

404

 

$

295

 

$

1,018

 

Loss on sale of discontinued operations before income taxes

 

 

 

(1,875

)

 

Income taxes

 

 

(22

)

 

 

Earnings (loss) from discontinued operations, net of tax

 

$

(48

)

$

426

 

$

(1,580

)

$

1,018

 

 

Schedule of carrying amounts of assets and liabilities of discontinued operations

The carrying amounts of the major classes of assets and liabilities of the 2Touch business unit are segregated and included in assets from discontinued operations and liabilities from discontinued operations in the condensed consolidated balance sheets and are as follows (dollars in thousands):

 

 

 

September 30,
2014

 

March 31,
 2014

 

Trade accounts receivable, net

 

$

719 

 

$

6,451 

 

Other current assets

 

 

881 

 

Other assets, net

 

233 

 

 

Assets from discontinued operations

 

$

952 

 

$

7,332 

 

 

 

 

 

 

 

Trade accounts payable and accrued expenses

 

$

 

$

 

Accrued payroll and related expenses

 

144 

 

1,790 

 

Other accrued expenses

 

1,472 

 

2,350 

 

Deferred revenue

 

55 

 

106 

 

Liabilities from discontinued operations

 

$

1,671 

 

$

4,250