SUBSEQUENT EVENTS:.

3 Months Ended

Jun. 30, 2016

SUBSEQUENT EVENTS:

SUBSEQUENT EVENTS

14.SUBSEQUENT EVENTS:

Impact Email Business Disposition

On August 4, 2016, the Company announced that it had entered into a definitive agreement to sell its Impact email business to Zeta Interactive for a total consideration of $22 million.  The Company will also enter into a separate multi-year contract to provide Zeta Interactive with Connectivity and Audience Solutions services.  These transactions sharpen the Company’s focus on providing the data foundation for the world’s best marketers and opens the door to deeper partnerships with the marketing ecosystem. 

The sale is expected to close in the second quarter of fiscal 2017, following the satisfaction of customary closing conditions.  The Company plans to use the proceeds from the sale to help fund the expansion of its share repurchase program. 

Stock Repurchase Program Expansion

On July 28, 2016, the board of directors adopted an amendment to its existing stock repurchase program.  The amendment increases its stock repurchase authorization from $300 to $400 million and extends the program through June 30, 2018.   The Company is authorized to repurchase shares from time to time over the next 18 months in open market or privately negotiated transactions, depending on prevailing market conditions and other factors.  The stock repurchase program may be suspended or discontinued at any time.