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UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:
12 Months Ended
Mar. 31, 2013
UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:  
UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:

18.          UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:

 

(dollars in thousands except per-share amounts)

 

Quarter ended
June 30,
2012

 

Quarter ended
September 30,
2012

 

Quarter ended
December 31,
2012

 

Quarter ended
March 31,
2013

 

Revenue

 

$

271,659

 

$

277,467

 

$

273,102

 

$

277,131

 

Gross profit

 

62,333

 

67,581

 

64,075

 

63,544

 

Income from operations

 

25,424

 

30,208

 

26,898

 

20,189

 

Net earnings

 

13,199

 

16,372

 

14,449

 

13,099

 

Net earnings attributable to Acxiom

 

13,333

 

16,511

 

14,525

 

13,238

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

Net earnings

 

0.17

 

0.22

 

0.19

 

0.18

 

Attributable to Acxiom stockholders

 

0.17

 

0.22

 

0.20

 

0.18

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

Net earnings

 

0.17

 

0.21

 

0.19

 

0.17

 

Attributable to Acxiom stockholders

 

0.17

 

0.21

 

0.19

 

0.18

 

 

(dollars in thousands except per-share amounts)

 

Quarter ended
June 30,
2011

 

Quarter ended 
September 30, 
2011

 

Quarter ended 
December 31, 
2011

 

Quarter ended
March 31,
2012

 

Revenue

 

$

276,044

 

$

286,432

 

$

280,893

 

$

287,255

 

Gross profit

 

57,755

 

68,945

 

66,968

 

73,467

 

Income from operations

 

20,704

 

27,051

 

15,518

 

22,290

 

Earnings from discontinued operations, net of tax

 

916

 

1,138

 

814

 

31,031

 

Net earnings

 

10,015

 

12,977

 

2,651

 

45,873

 

Net earnings attributable to Acxiom

 

10,975

 

12,292

 

7,930

 

46,066

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share:

 

 

 

 

 

 

 

 

 

From continuing operations

 

0.11

 

0.15

 

0.02

 

0.19

 

From discontinued operations

 

0.01

 

0.01

 

0.01

 

0.40

 

Attributable to Acxiom stockholders

 

0.14

 

0.15

 

0.10

 

0.59

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share:

 

 

 

 

 

 

 

 

 

From continuing operations

 

0.11

 

0.15

 

0.02

 

0.19

 

From discontinued operations

 

0.01

 

0.01

 

0.01

 

0.39

 

Attributable to Acxiom stockholders

 

0.13

 

0.15

 

0.10

 

0.58

 

 

 

 

 

 

 

 

 

 

 

 

Some earnings per share amounts may not add due to rounding.

 

In the fourth quarter of fiscal 2013, the Company recorded $2.9 million in restructuring charges, offset by $0.9 million in other credits within gains, losses and other items, net, in the consolidated statement of operations.

 

In the fourth quarter of fiscal 2012, the Company recorded $12.6 million in restructuring charges included in gains, losses and other items, net in the consolidated statement of operations.  In addition, the Company recorded $31.0 million, net of tax, as earnings from discontinued operations, including a gain on disposal of the discontinued operation.

 

In the third quarter of fiscal 2012, the Company recorded $17.8 million in impairment charges related to goodwill and other intangibles related to the Brazil operations.  The related earn-out liability of $2.6 million was reduced to zero to reflect the expected outcome of the earn-out calculation.

 

In the second quarter of fiscal 2012, the Company recorded a net loss on disposal of $2.5 million in gains, losses, and other items, net and $0.9 million in net loss attributable to noncontrolling interest as a result of the disposal of its interest in Acxiom MENA — its operation in the Middle East.