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SEGMENT INFORMATION: (Tables)
6 Months Ended
Sep. 30, 2016
SEGMENT INFORMATION:  
Schedule of information by business segment

The following table presents information by business segment (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

For the quarter ended

 

For the six months ended

 

 

 

September 30, 

 

September 30, 

 

 

 

2016

    

2015

    

2016

    

2015

 

Revenues: 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

105,679

 

$

112,979

 

$

215,394

 

$

220,705

 

Audience Solutions

 

 

78,526

 

 

72,122

 

 

152,270

 

 

140,672

 

Connectivity

 

 

33,062

 

 

22,244

 

 

64,404

 

 

42,863

 

Total segment revenues

 

$

217,267

 

$

207,345

 

$

432,068

 

$

404,240

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit(1):

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

34,480

 

$

37,545

 

$

71,946

 

$

73,579

 

Audience Solutions

 

 

47,998

 

 

39,170

 

 

89,910

 

 

75,994

 

Connectivity

 

 

19,843

 

 

13,499

 

 

37,418

 

 

25,452

 

Total segment gross profit

 

$

102,321

 

$

90,214

 

$

199,274

 

$

175,025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations(1):

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

19,837

 

$

17,908

 

$

39,982

 

$

34,761

 

Audience Solutions

 

 

29,972

 

 

25,190

 

 

55,068

 

 

49,277

 

Connectivity

 

 

1,663

 

 

(1,068)

 

 

1,954

 

 

(1,859)

 

Total segment income from operations

 

$

51,472

 

$

42,030

 

$

97,004

 

$

82,179

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

For the quarter ended

 

For the six months ended

 

 

 

September 30, 

 

September 30, 

 

 

 

2016

    

2015

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total segment gross profit

 

$

102,321

 

$

90,214

 

$

199,274

 

$

175,025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchased intangible asset amortization

 

 

3,890

 

 

3,754

 

 

7,967

 

 

7,508

 

Non-cash stock compensation

 

 

1,269

 

 

349

 

 

2,163

 

 

778

 

Accelerated amortization

 

 

 —

 

 

78

 

 

 —

 

 

1,520

 

Gross profit

 

$

97,162

 

$

86,033

 

$

189,144

 

$

165,219

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total segment income from operations

 

$

51,472

 

$

42,030

 

$

97,004

 

$

82,179

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate expenses (principally general and administrative)

 

 

26,769

 

 

23,563

 

 

51,158

 

 

49,041

 

Separation and transformation costs included in general and administrative

 

 

1,455

 

 

6,098

 

 

1,455

 

 

9,512

 

Gains, losses and other items, net

 

 

300

 

 

2,504

 

 

614

 

 

3,311

 

Impairment of goodwill and other

 

 

 —

 

 

729

 

 

 —

 

 

729

 

Purchased intangible asset amortization

 

 

3,890

 

 

3,754

 

 

7,967

 

 

7,508

 

Non-cash stock compensation

 

 

11,938

 

 

7,360

 

 

20,528

 

 

15,483

 

Accelerated amortization

 

 

 —

 

 

78

 

 

 —

 

 

1,520

 

Income (loss) from operations

 

$

7,120

 

$

(2,056)

 

$

15,282

 

$

(4,925)