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DISCONTINUED OPERATIONS: (Tables)
12 Months Ended
Mar. 31, 2015
DISCONTINUED OPERATIONS:  
Schedule of summary results of operations for discontinued operations

Summary results of operations of the 2Touch business unit for the fiscal years ended March 31, 2015, 2014 and 2013 are segregated and included in earnings (loss) from discontinued operations, net of tax, in the consolidated statements of operations and are as follows (dollars in thousands):

 

 

 

2015

 

2014

 

2013

 

Revenues

 

$

8,484

 

$

35,267

 

$

31,201

 

 

 

 

 

 

 

 

 

Earnings (loss) from discontinued operations before income taxes

 

$

4

 

$

(2,189

)

$

1,703

 

Loss on sale of discontinued operations before income taxes

 

(1,888

)

 

 

Income taxes

 

 

 

(409

)

Earnings (loss) from discontinued operations, net of tax

 

$

(1,884

)

$

(2,189

)

$

1,294

 

 

Schedule of carrying amounts of assets and liabilities of discontinued operations

The carrying amounts of the major classes of assets and liabilities of the 2Touch business unit are segregated and included in assets from discontinued operations and liabilities from discontinued operations in the consolidated balance sheets and are as follows (dollars in thousands):

 

 

 

March 31,
2015

 

March 31,
 2014

 

Trade accounts receivable, net

 

$

112 

 

$

6,451 

 

Other current assets

 

 

881 

 

Assets from discontinued operations

 

$

112 

 

$

7,332 

 

 

 

 

 

 

 

Trade accounts payable and accrued expenses

 

$

 

$

 

Accrued payroll and related expenses

 

 

1,790 

 

Other accrued expenses

 

1,008 

 

2,350 

 

Deferred revenue

 

 

106 

 

Liabilities from discontinued operations

 

$

1,008 

 

$

4,250