ACQUISITIONS: (Tables)

9 Months Ended

Dec. 31, 2016

Schedule of estimated fair values of assets acquired and liabilities assumed

The following table summarizes the preliminary estimated fair values of assets acquired and liabilities assumed as of the date of the acquisitions (dollars in thousands):

Assets acquired:
Cash	$	9,495
Trade accounts receivable		3,352
Goodwill		104,364
Intangible assets (Other assets)		41,800
Other current and noncurrent assets		278
Total assets acquired		159,289
Deferred income taxes		(8,093)
Accounts payable and accrued expenses		(4,317)
Net assets acquired		146,879
Less:
Cash acquired		9,495
Net cash paid	$	137,384

Schedule of components of intangible assets acquired and their estimated useful lives

ntangible assets will be amortized on a straight-line basis over the estimated useful lives of 1 to 6 years. The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):

			Useful life
	Fair value		(in years)
Publisher relationships	$	24,800	6
Developed technology		9,300	2 to 4
Customer relationships		7,100	6
Trade name		600	1
Total intangible assets	$	41,800

Arbor and Circulate

Schedule of unaudited pro forma financial information

The unaudited pro forma financial information was as follows (dollars in thousands, except per share data):

	For the quarter ended				For the nine months ended
	December 31,				December 31,
	2016		2015		2016		2015
Revenues	$	226,012	$	221,964	$	663,096	$	627,300
Net loss	$	(3,421)	$	(6,245)	$	(4,068)	$	(9,329)
Basic loss per share	$	(0.04)	$	(0.08)	$	(0.05)	$	(0.12)
Diluted loss per share	$	(0.04)	$	(0.08)	$	(0.05)	$	(0.12)