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QUARTERLY FINANCIAL DATA (Tables)
12 Months Ended
Mar. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
The following tables set forth quarterly supplementary data for each of the years in the two-year period ended March 31, 2016:
 
 
For the Fiscal Year Ended March 31, 2016
(In thousands, except share and per share amounts)
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
22,828

 
$
27,704

 
$
30,708

 
$
23,536

Net loss from continuing operations (2)
 
$
(11,319
)
 
$
(23,074
)
 
$
(1,976
)
 
$
(9,971
)
Basic and diluted net loss per share from continuing operations (1)
 
$
(1.60
)
 
$
(3.55
)
 
$
(0.40
)
 
$
(1.55
)
Shares used in computing basic and diluted net loss per share
 
6,732,178

 
6,323,691

 
6,366,685

 
6,454,829


 
 
For the Fiscal Year Ended March 31, 2015
(In thousands, except share and per share amounts)
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
22,857

 
$
23,721

 
$
31,276

 
$
27,630

Net loss from continuing operations (2)
 
$
(10,812
)
 
$
(4,592
)
 
$
(1,933
)
 
$
(11,639
)
Basic and diluted net loss per share from continuing operations (1)
 
$
(1.42
)
 
$
(0.61
)
 
$
(0.26
)
 
$
(1.41
)
Shares used in computing basic and diluted net loss per share
 
7,656,713

 
7,674,875

 
7,686,341

 
7,696,214



(1) Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted earnings per share information may not equal annual basic and diluted earnings per share.

(2) In the second quarter of the fiscal year ended March 31, 2016, we recorded a goodwill impairment charge of $18.0 million. In the fourth quarter of the fiscal year ended March 31, 2015, we recorded a goodwill impairment charge of $6.0 million.