DIVESTITURES:

9 Months Ended

Dec. 31, 2012

DIVESTITURES:

DIVESTITURES:

4.             DIVESTITURES:

Discontinued Operation

On February 1, 2012 the Company completed the sale of its background screening unit, Acxiom Information Security Systems (AISS), to Sterling Infosystems, a New York-based technology firm, for $74 million.  The results of operations pertaining to the AISS business have been classified as discontinued operations in the condensed consolidated financial statements.

Summary results of operations of the AISS business unit for the quarter and nine months ended December 31, 2011 are segregated and included in income from discontinued operations, net of tax, in the condensed consolidated statements of operations and are as follows (dollars in thousands):

	For the quarter ended December 31, 2011		For the nine months ended December 31, 2011
Revenues	$	12,324	$	38,816
Earnings from discontinued operations before income taxes	$	1,356	$	4,778
Income taxes	542		1,910
Income from discontinued operations, net of tax	$	814	$	2,868

The net cash flows related to the AISS discontinued operation for each of the categories of operating, investing, and financing activities were not significant for the nine months ending December 31, 2011.