SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Tables)
|
12 Months Ended |
Mar. 31, 2016 |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: |
|
Summary of reclassification activity |
The following table summarizes the reclassification activity for the year ended March 31, 2015 (dollars in thousands):
|
|
As previously reported(1)
|
|
Category expansion
|
|
Account management reclass
|
|
IT reclass and other
|
|
As currently reported
|
|
Cost of revenue
|
|
$
|
639,945
|
|
$
|
(74,201
|
)
|
$
|
(62,947
|
)
|
$
|
(8,760
|
)
|
$
|
494,037
|
|
Research and development
|
|
$
|
—
|
|
$
|
74,201
|
|
$
|
—
|
|
$
|
—
|
|
$
|
74,201
|
|
Selling, general and administrative
|
|
$
|
175,050
|
|
$
|
(175,050
|
)
|
$
|
—
|
|
$
|
—
|
|
$
|
—
|
|
Sales and marketing
|
|
$
|
—
|
|
$
|
54,807
|
|
$
|
62,947
|
|
$
|
(1,260
|
)
|
$
|
116,494
|
|
General and administrative
|
|
$
|
—
|
|
$
|
120,243
|
|
$
|
—
|
|
$
|
10,020
|
|
$
|
130,263
|
|
(1) Adjusted for discontinued operations
The following table summarizes the reclassification activity for the fiscal year ended March 31, 2014 (dollars in thousands):
|
|
As previously reported(1)
|
|
Category expansion
|
|
Account management reclass
|
|
IT reclass and other
|
|
As currently reported
|
|
Cost of revenue
|
|
$
|
608,861
|
|
$
|
(62,807
|
)
|
$
|
(34,966
|
)
|
$
|
(5,571
|
)
|
$
|
505,517
|
|
Research and development
|
|
$
|
—
|
|
$
|
62,807
|
|
$
|
—
|
|
$
|
—
|
|
$
|
62,807
|
|
Selling, general and administrative
|
|
$
|
152,614
|
|
$
|
(152,614
|
)
|
$
|
—
|
|
$
|
—
|
|
$
|
—
|
|
Sales and marketing
|
|
$
|
—
|
|
$
|
58,641
|
|
$
|
34,966
|
|
$
|
—
|
|
$
|
93,607
|
|
General and administrative
|
|
$
|
—
|
|
$
|
93,973
|
|
$
|
—
|
|
$
|
5,571
|
|
$
|
99,544
|
|
(1) Adjusted for discontinued operations
|
Reconciliation of numerator and denominator of basic and diluted earnings (loss) per share |
A reconciliation of the numerator and denominator of basic and diluted earnings (loss) per share is shown below (in thousands, except per share amounts):
|
|
2016
|
|
2015
|
|
2014
|
|
|
|
|
|
|
|
|
|
Net loss from continuing operations
|
|
$
|
(8,648
|
)
|
$
|
(26,542
|
)
|
$
|
(17,340
|
)
|
Net earnings from discontinued operations, net of tax
|
|
15,351
|
|
15,511
|
|
26,143
|
|
|
|
|
|
|
|
|
|
Net earnings (loss)
|
|
$
|
6,703
|
|
$
|
(11,031
|
)
|
$
|
8,803
|
|
Net loss attributable to noncontrolling interest
|
|
—
|
|
—
|
|
(60
|
)
|
|
|
|
|
|
|
|
|
Net earnings (loss) attributable to Acxiom
|
|
$
|
6,703
|
|
$
|
(11,031
|
)
|
$
|
8,863
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings (loss) per share:
|
|
|
|
|
|
|
|
Basic weighted-average shares outstanding
|
|
77,616
|
|
77,106
|
|
74,690
|
|
|
|
|
|
|
|
|
|
Basic earnings (loss) per share:
|
|
|
|
|
|
|
|
Continuing operations
|
|
$
|
(0.11
|
)
|
$
|
(0.34
|
)
|
$
|
(0.23
|
)
|
Discontinued operations
|
|
0.20
|
|
0.20
|
|
0.35
|
|
|
|
|
|
|
|
|
|
Net earnings (loss)
|
|
$
|
0.09
|
|
$
|
(0.14
|
)
|
$
|
0.12
|
|
Net loss attributable to noncontrolling interest
|
|
—
|
|
—
|
|
(0.00
|
)
|
|
|
|
|
|
|
|
|
Net earnings (loss) attributable to Acxiom
|
|
$
|
0.09
|
|
$
|
(0.14
|
)
|
$
|
0.12
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted earnings (loss) per share:
|
|
|
|
|
|
|
|
Basic weighted-average shares outstanding
|
|
77,616
|
|
77,106
|
|
74,690
|
|
Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method
|
|
—
|
|
—
|
|
—
|
|
|
|
|
|
|
|
|
|
Diluted weighted-average shares outstanding
|
|
77,616
|
|
77,106
|
|
74,690
|
|
|
|
|
|
|
|
|
|
Diluted earnings (loss) per share:
|
|
|
|
|
|
|
|
Continuing operations
|
|
$
|
(0.11
|
)
|
$
|
(0.34
|
)
|
$
|
(0.23
|
)
|
Discontinued operations
|
|
0.20
|
|
0.20
|
|
0.35
|
|
|
|
|
|
|
|
|
|
Net earnings (loss)
|
|
$
|
0.09
|
|
$
|
(0.14
|
)
|
$
|
0.12
|
|
Net loss attributable to noncontrolling interest
|
|
—
|
|
—
|
|
(0.00
|
)
|
|
|
|
|
|
|
|
|
Net earnings (loss) attributable to Acxiom
|
|
$
|
0.09
|
|
$
|
(0.14
|
)
|
$
|
0.12
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Schedule of anti-dilutive options, warrants and restricted stock units excluded from computation of earnings (loss) per share |
Additional options and warrants to purchase shares of common stock and restricted stock units, including performance-based restricted stock units not meeting performance criteria, that were outstanding during the periods presented but were not included in the computation of diluted earnings (loss) per share because the effect was anti-dilutive are shown below (in thousands, except per share amounts):
|
|
2016
|
|
2015
|
|
2014
|
|
Number of shares outstanding under options, warrants and restricted stock units
|
|
1,654
|
|
1,829
|
|
834
|
|
Range of exercise prices for options
|
|
$17.49-$62.06
|
|
$19.18-$62.06
|
|
$29.30-$62.06
|
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