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SEGMENT INFORMATION:
12 Months Ended
Mar. 31, 2015
SEGMENT INFORMATION:  
SEGMENT INFORMATION:

17.SEGMENT INFORMATION:

 

The Company reports segment information consistent with the way management internally disaggregates its operations to assess performance and to allocate resources.  We regularly review our segments and the approach used by management to evaluate performance and allocate resources.  Prior to fiscal 2015, the Company’s business segments consisted of Marketing and Data Services, IT Infrastructure Management, and Other Services.  The Other Services segment consisted solely of the Company’s UK fulfillment business, 2Touch.  On May 30, 2014, the Company substantially completed the sale of 2Touch to Parseq Ltd., a European business process outsourcing service provider (see Note 4 for further details).  As a result, the 2Touch business unit is now excluded from segment results and reported as discontinued operations.  The Marketing and Data Services segment includes the Company’s global lines of business for Customer Data Integration (CDI), Consumer Insight Solutions, Marketing Management Services (including the Audience Operating System and LiveRamp on-boarding services), E-mail Fulfillment Services and Consulting and Agency Services.  The IT Infrastructure Management segment develops and delivers IT outsourcing and transformational solutions.

 

Company management uses the revenues and income from operations of the remaining two operating segments, among other factors, for performance evaluation and resource allocation.  The Company’s calculation of segment income (loss) from operations does not include inter-company transactions and allocates all corporate expenses, excluding those reported as impairments or gains, losses and other items, as well as certain business separation and transformation expenses.  The Company’s calculation of segment operating income may be different from measures used by other companies and therefore comparability may be affected.

 

The following tables present information by business segment (dollars in thousands).  The prior-year segment information has been restated to conform to the new segment presentation:

 

 

 

2015

 

2014

 

2013

 

Revenue:

 

 

 

 

 

 

 

Marketing and Data Services

 

$

804,911

 

$

805,153

 

$

792,689

 

IT Infrastructure Management

 

215,148

 

257,125

 

275,469

 

Total revenue

 

$

1,020,059

 

$

1,062,278

 

$

1,068,158

 

 

 

 

 

 

 

 

 

Income (loss) from operations:

 

 

 

 

 

 

 

Marketing and Data Services

 

$

46,728

 

$

78,500

 

$

73,696

 

IT Infrastructure Management

 

18,105

 

32,847

 

29,330

 

Corporate

 

(65,437

)

(60,874

)

(2,010

)

Income from operations

 

$

(604

)

$

50,473

 

$

101,016

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

Marketing and Data Services

 

$

71,123

 

$

49,554

 

$

55,593

 

IT Infrastructure Management

 

43,395

 

52,872

 

60,043

 

Corporate

 

4,316

 

 

 

Depreciation and amortization

 

$

118,834

 

$

102,426

 

$

115,636

 

 

 

 

 

 

 

 

 

Total assets:

 

 

 

 

 

 

 

Marketing and Data Services

 

$

952,225

 

$

649,321

 

 

 

IT Infrastructure Management

 

240,278

 

267,110

 

 

 

Corporate

 

129,921

 

406,870

 

 

 

Total assets

 

$

1,322,424

 

$

1,323,301