DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Mar. 31, 2017

DISCONTINUED OPERATIONS [Abstract]

Results from Discontinued Operations

The following table summarizes the components of the gain recognized in fiscal 2016 and 2015 (in thousands):

	Year Ended March 31,
	2016		2015
Cash proceeds received or realized	$	900	$	20,100
Less: Book value of net assets sold		—		(618	)
Less: Costs incurred directly attributable to the transaction		—		(5,211	)
Net proceeds from sale of discontinued operations		900		14,271
Less: Disposal and impairment of long-lived assets		—		(1,941	)
Gain on sale of discontinued operations		900		12,330
Income tax expense		341		4,648
Net gain on sale of discontinued operations	$	559	$	7,682

The results from discontinued operations were as follows (in thousands):

	Year Ended March 31,
	2017			2016			2015
Discontinued operations:
Revenues	$	713		$	760		$	14,202
Cost of revenues		713			985			12,614
Gross profit (loss)		—			(225	)		1,588
Operating expenses		101			(91	)		3,442
Other income (expense), net		—			127			—
Loss before income tax provision		(101	)		(7	)		(1,854	)
Income tax benefit		(38	)		(4	)		(700	)
Net loss of discontinued operations	$	(63	)	$	(3	)	$	(1,154	)
Gain on sale of discontinued operations, net of tax	$	—		$	559		$	7,682

The current and non-current assets and liabilities of discontinued operations were as follows (in thousands):

	March 31,
	2017		2016
Receivables, net	$	66	$	949
Prepaid expenses and other current assets		—		12
Total current assets of discontinued operations	$	66	$	961
Other current liabilities	$	85	$	112
Total current liabilities of discontinued operations	$	85	$	112