SEGMENT INFORMATION

12 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

We operate in four reportable segments: Phase I Deployment, Phase II Deployment, Services and Content & Entertainment, or CEG. Our segments were determined based on the economic characteristics of our products and services, our internal organizational structure, the manner in which our operations are managed and the criteria used by our Chief Operating Decision Maker to evaluate performance, which is generally the segment’s income (loss) from continuing operations before interest, taxes, depreciation and amortization.

Operations of:	Products and services provided:
Phase I Deployment	Financing vehicles and administrators for 3,724 Systems installed nationwide in Phase 1 DC's deployment to theatrical exhibitors. We retain ownership of the Systems and the residual cash flows related to the Systems after the repayment of all non-recourse debt at the expiration of exhibitor, master license agreements. As of March 31, 2016, we are no longer earning VPF revenues from certain major studios on 101 of such systems.
Phase II Deployment	Financing vehicles and administrators for our 8,904 Systems installed domestically and internationally, for which we retain no ownership of the residual cash flows and digital cinema equipment after the completion of cost recoupment and at the expiration of the exhibitor master license agreements.
Services	Provides monitoring, collection, verification and other management services to our Phase I Deployment, Phase II Deployment, CDF2 Holdings, as well as to exhibitors who purchase their own equipment. Services also collects and disburses VPFs from motion picture studios, distributors and ACFs from alternative content providers, movie exhibitors and theatrical exhibitors.
Content & Entertainment	Leading distributor of independent content, and collaborates with producers and other content owners to market, source, curate and distribute independent content to targeted and profitable audiences in theatres and homes, and via mobile and emerging platforms.

One customer represented approximately 20.6% of our consolidated revenues for the fiscal year ended March 31, 2016.

The following tables present certain financial information related to our reportable segments:

	As of March 31, 2016
(In thousands)	Intangible Assets, net		Goodwill		Total Assets		Notes Payable, Non-Recourse		Notes Payable		Capital Leases
Phase I Deployment	$	206	$	—	$	48,292	$	93,372	$	—	$	—
Phase II Deployment	—		—		53,727		18,940		—		—
Services	—		—		1,064		—		—		—
Content & Entertainment	25,721		8,701		87,344		—		—		30
Corporate	13		—		18,971		—		86,938		4,195
Total	$	25,940	$	8,701	$	209,398	$	112,312	$	86,938	$	4,225

	As of March 31, 2015
(In thousands)	Intangible Assets, net		Goodwill		Total Assets		Notes Payable, Non-Recourse		Notes Payable		Capital Leases
Phase I Deployment	$	252	$	—	$	74,595	$	123,722	$	—	$	—
Phase II Deployment	—		—		61,350		27,638		—		—
Services	—		—		1,084		—		—		—
Content & Entertainment	31,520		26,701		122,610		—		—		84
Corporate	12		—		13,378		—		45,294		5,411
Total	$	31,784	$	26,701	$	273,017	$	151,360	$	45,294	$	5,495

	Statements of Operations
	For the Fiscal Year Ended March 31, 2016
	Phase I		Phase II		Services		Content & Entertainment			Corporate			Consolidated
Revenues	$	36,488	$	12,257	$	11,782	$	43,922		$	—		$	104,449
Direct operating (exclusive of depreciation and amortization shown below)	1,108		315		10		29,908			—			31,341
Selling, general and administrative	661		121		914		20,659			11,012			33,367
Allocation of corporate overhead	—		—		1,616		5,410			(7,026		)	—
Provision for doubtful accounts	241		98		—		450			—			789
Restructuring, transition and acquisitions expenses, net	—		—		—		216			914			1,130
Goodwill impairment	—		—		—		18,000			—			18,000
Litigation settlement recovery, net of expenses	—		—		—		(2,228		)	—			(2,228		)
Depreciation and amortization of property and equipment	28,446		7,523		—		330			1,045			37,344
Amortization of intangible assets	46		—		—		5,799			7			5,852
Total operating expenses	30,502		8,057		2,540		78,544			5,952			125,595
Income (loss) from operations	$	5,986	$	4,200	$	9,242	$	(34,622	)	$	(5,952	)	$	(21,146	)

The following employee and director stock-based compensation expense related to our stock-based awards is included in the above amounts as follows:

	Phase I		Phase II		Services		Content & Entertainment		Corporate		Consolidated
Direct operating	$	—	$	—	$	10	$	6	$	—	$	16
Selling, general and administrative	—		—		1		258		1,557		1,816
Total stock-based compensation	$	—	$	—	$	11	$	264	$	1,557	$	1,832

	Statements of Operations
	For the Fiscal Year Ended March 31, 2015
	Phase I			Phase II			Services		Content & Entertainment			Corporate			Consolidated
Revenues	$	36,161		$	12,347		$	11,876	$	45,100		$	—		$	105,484
Direct operating (exclusive of depreciation and amortization shown below)	970			485			58		28,596			—			30,109
Selling, general and administrative	464			130			744		17,454			12,328			31,120
Allocation of corporate overhead	—			—			1,853		5,409			(7,262		)	—
(Benefit) provision for doubtful accounts	(204		)	(23		)	21		—			—			(206		)
Restructuring, transition and acquisitions expenses, net	61			—			—		1,662			915			2,638
Goodwill impairment	—			—			—		6,000			—			6,000
Litigation settlement recovery, net of expenses	—			—			—		1,282			—			1,282
Depreciation and amortization of property and equipment	28,550			7,523			177		219			1,050			37,519
Amortization of intangible assets	46			—			—		5,813			5			5,864
Total operating expenses	29,887			8,115			2,853		66,435			7,036			114,326
Income (loss) from operations	$	6,274		$	4,232		$	9,023	$	(21,335	)	$	(7,036	)	$	(8,842	)

The following employee and director stock-based compensation expense related to our stock-based awards is included in the above amounts as follows:

	Phase I		Phase II		Services		Content & Entertainment		Corporate		Consolidated
Direct operating	$	—	$	—	$	7	$	10	$	—	$	17
Selling, general and administrative	—		—		11		291		1,832		2,134
Total stock-based compensation	$	—	$	—	$	18	$	301	$	1,832	$	2,151

The following table presents the results of our operating segments for the three months ended March 31, 2016:

	Statements of Operations
	For the Three Months Ended March 31, 2016
	(Unaudited)
	Phase I		Phase II		Services		Content & Entertainment			Corporate			Consolidated
Revenues	$	8,632	$	3,005	$	2,884	$	8,688		$	—		$	23,209
Direct operating (exclusive of depreciation and amortization shown below)	209		58		2		6,880			—			7,149
Selling, general and administrative	205		37		265		6,259			664			7,430
Allocation of corporate overhead	—		—		404		1,352			(1,756		)	—
Provision for doubtful accounts	—		—		—		450			—			450
Restructuring, transition and acquisitions expenses, net	—		—		—		114			244			358
Goodwill impairment	—		—		—		—			—			—
	—		—		—		(1,593		)	—			(1,593		)
Depreciation and amortization of property and equipment	6,968		1,880		—		91			193			9,132
Amortization of intangible assets	15		—		—		1,450			2			1,467
Total operating expenses	7,397		1,975		671		15,003			(653		)	24,393
Income (loss) from operations	$	1,235	$	1,030	$	2,213	$	(6,315	)	$	653		$	(1,184	)

The following employee and director stock-based compensation expense related to our stock-based awards is included in the above amounts as follows:

	Phase I		Phase II		Services		Content & Entertainment		Corporate		Consolidated
Direct operating	$	—	$	—	$	2	$	1	$	—	$	3
Selling, general and administrative	—		—		—		56		350		406
Total stock-based compensation	$	—	$	—	$	2	$	57	$	350	$	409