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UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:
12 Months Ended
Mar. 31, 2015
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,
2014

 

Quarter ended
September 30,
2014

 

Quarter ended
December 31,
2014

 

Quarter ended
March 31,
2015

 

Revenue

 

$

242,215

 

$

260,037

 

$

260,440

 

$

257,367

 

Gross profit

 

49,912

 

54,719

 

56,712

 

51,247

 

Income (loss) from operations

 

(4,478

)

3,307

 

5,192

 

(4,625

)

Earnings (loss) from discontinued operations, net of tax

 

(1,532

)

(48

)

(318

)

14

 

Net earnings (loss)

 

(7,604

)

(1,544

)

4,156

 

(6,039

)

Net earnings (loss) attributable to Acxiom

 

(7,604

)

(1,544

)

4,156

 

(6,039

)

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share:

 

 

 

 

 

 

 

 

 

From continuing operations

 

(0.08

)

(0.02

)

0.06

 

(0.08

)

From discontinued operations

 

(0.02

)

(0.00

)

(0.00

)

(0.00

)

Attributable to Acxiom stockholders

 

(0.10

)

(0.02

)

0.05

 

(0.08

)

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share:

 

 

 

 

 

 

 

 

 

From continuing operations

 

(0.08

)

(0.02

)

0.06

 

(0.08

)

From discontinued operations

 

(0.02

)

(0.00

)

(0.00

)

(0.00

)

Attributable to Acxiom stockholders

 

(0.10

)

(0.02

)

0.05

 

(0.08

)

 

(dollars in thousands except per-share amounts)

 

Quarter ended
June 30,
2013

 

Quarter ended
September 30,
2013

 

Quarter ended
December 31,
2013

 

Quarter ended
March 31,
2014

 

Revenue

 

$

257,178

 

$

267,777

 

$

268,761

 

$

268,562

 

Gross profit

 

61,073

 

68,670

 

67,331

 

69,642

 

Income (loss) from operations

 

23,458

 

19,227

 

19,291

 

(11,503

)

Earnings (loss) from discontinued operations, net of tax

 

592

 

426

 

489

 

(3,696

)

Net earnings (loss)

 

13,095

 

9,864

 

15,067

 

(29,223

)

Net earnings (loss) attributable to Acxiom

 

13,180

 

9,839

 

15,067

 

(29,223

)

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share:

 

 

 

 

 

 

 

 

 

From continuing operations

 

0.17

 

0.13

 

0.19

 

(0.33

)

From discontinued operations

 

0.01

 

0.01

 

0.01

 

(0.05

)

Attributable to Acxiom stockholders

 

0.18

 

0.13

 

0.20

 

(0.38

)

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share:

 

 

 

 

 

 

 

 

 

From continuing operations

 

0.17

 

0.12

 

0.19

 

(0.33

)

From discontinued operations

 

0.01

 

0.01

 

0.01

 

(0.05

)

Attributable to Acxiom stockholders

 

0.17

 

0.13

 

0.19

 

(0.38

)

 

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

 

In the fourth quarter of fiscal 2015, the Company recorded $12.1 million of restructuring plan charges and adjustments recorded in gains, losses and other items, net, $7.0 million of business separation and transformation expenses recorded in selling, general and administrative expenses and $4.3 million of accelerated software amortization recorded in cost of revenue.

 

In the third quarter of fiscal 2015, the Company recorded $4.2 million of restructuring plan charges and adjustments recorded in gains, losses and other items, net, and $8.1 million of business separation and transformation expenses recorded in selling, general and administrative expenses.

 

In the second quarter of fiscal 2015, the Company recorded restructuring charges and adjustments of $0.9 million in gains, losses and other items, net, and $9.3 million of business separation and transformation expenses in selling, general and administrative expenses.

 

In the first quarter of fiscal 2015, the Company recorded restructuring charges and adjustments of $6.7 million and LiveRamp transaction costs of $0.8 million recorded in gains, losses and other items, net and business separation and transformation expenses of $12.0 million recorded in selling, general and administrative expenses.

 

In the fourth quarter of fiscal 2014, the Company recorded goodwill and other impairment charges of $25.0 million, restructuring charges of $10.7 million in gains, losses and other items, net, and business separation and transformation expenses of $6.9 million in selling, general and administrative expenses in the consolidated statement of operations.

 

In the third quarter of fiscal 2014, the Company recorded restructuring charges and loss contingency accruals of $4.7 million in gains, losses and other items, net, business separation and transformation expenses of $4.9 million in selling, general and administrative expenses, and a $2.6 million gain in other income from its investment in a real estate joint venture in the consolidated statement of operations.

 

In the second quarter of fiscal 2014, the Company recorded restructuring charges and loss contingency accruals of $6.6 million in gains, losses and other items, net and business separation and transformation expenses of $2.2 million in selling, general and administrative expenses in the consolidated statement of operations.