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SEGMENT INFORMATION: (Tables)
12 Months Ended
Mar. 31, 2016
SEGMENT INFORMATION:  
Schedule of information by business segment

 

The following table presents information by business segment (dollars in thousands).  The prior-year segment information has been restated to conform to the new segment presentation:

 

 

 

2016

 

2015

 

2014

 

Revenues:

 

 

 

 

 

 

 

Marketing Services

 

$

449,772

 

$

446,103

 

$

465,572

 

Audience Solutions

 

297,846

 

303,836

 

325,932

 

Connectivity

 

102,470

 

54,972

 

13,649

 

 

 

 

 

 

 

 

 

Total segment revenues

 

$

850,088

 

$

804,911

 

$

805,153

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit(1):

 

 

 

 

 

 

 

Marketing Services

 

$

152,258

 

$

156,395

 

$

150,533

 

Audience Solutions

 

167,715

 

158,386

 

162,369

 

Connectivity

 

61,199

 

13,322

 

(11,688

)

 

 

 

 

 

 

 

 

Total segment gross profit

 

$

381,172

 

$

328,103

 

$

301,214

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations(1):

 

 

 

 

 

 

 

Marketing Services

 

$

74,371

 

$

81,247

 

$

83,771

 

Audience Solutions

 

109,598

 

115,078

 

119,950

 

Connectivity

 

(3,298

)

(40,069

)

(46,767

)

 

 

 

 

 

 

 

 

Total segment income from operations

 

$

180,671

 

$

156,256

 

$

156,954

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

Marketing Services

 

$

9,988

 

$

12,280

 

$

7,763

 

Audience Solutions

 

12,909

 

12,652

 

14,991

 

Connectivity

 

19,932

 

16,469

 

3,061

 

Corporate

 

42,634

 

39,046

 

31,085

 

 

 

 

 

 

 

 

 

Total depreciation and amortization

 

$

85,463

 

$

80,447

 

$

56,900

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Gross profit and Income (loss) from operations reflect only the direct and allocable controllable costs of each segment and do not include allocations of corporate expenses (primarily general and administrative expenses) and gains, losses, and other items, net. Additionally, Gross profit and Income (loss) from operations do not reflect non-cash stock compensation expense and purchased intangible asset amortization.

 

Reconciliation of total operating segment gross profit to total gross profit and total operating segment income from operations to loss from operations

 

 

 

2016

 

2015

 

2014

 

 

 

 

 

 

 

 

 

Total segment gross profit

 

$

381,172

 

$

328,103

 

$

301,214

 

Less:

 

 

 

 

 

 

 

Purchased intangible asset amortization

 

15,466

 

11,454

 

 

Non-cash stock compensation

 

2,150

 

1,459

 

1,578

 

Corporate expenses

 

1,850

 

4,316

 

 

 

 

 

 

 

 

 

 

Gross profit

 

$

361,706

 

$

310,874

 

$

299,636

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total segment income from operations

 

$

180,671

 

$

156,256

 

$

156,954

 

Less:

 

 

 

 

 

 

 

Corporate expenses

 

127,844

 

126,570

 

99,818

 

Gains, losses and other items, net

 

12,132

 

22,600

 

17,168

 

Impairment of goodwill and other

 

6,829

 

 

24,953

 

Purchased intangible asset amortization

 

15,466

 

11,454

 

252

 

Non-cash stock compensation

 

31,463

 

28,316

 

13,206

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

(13,063

)

$

(32,684

)

$

1,557