DISCONTINUED OPERATIONS: (Tables)

6 Months Ended

Sep. 30, 2015

Schedule of summary results of operations for discontinued operations

The following is a reconciliation of the major classes of line items constituting earnings from discontinued operations, net of tax (dollars in thousands):

	For the quarter ended September 30						For the six months ended September 30
	2015			2014			2015			2014
Major classes of line items constituting earnings from discontinued operations, net of tax:
Revenues	$	16,830		$	55,789		$	69,410		$	111,321
Cost of revenue	10,269			42,745			50,837			85,849

Gross profit	6,561			13,044			18,573			25,472

Operating expenses:
Sales and marketing	194			822			1,192			1,376
General and administrative	2,285			2,374			6,053			5,316
Gain on sale of discontinued operations	(10,360		)	—			(10,360		)	—
Gains, losses and other items, net	—			96			—			420

Total operating expenses	(7,881		)	3,292			(3,115		)	7,112

Income from discontinued operations	14,442			9,752			21,688			18,360

Interest expense	(117		)	(575		)	(681		)	(1,199		)
Other, net	(227		)	47			(230		)	(259		)

Earnings from discontinued operations before income taxes	14,098			9,224			20,777			16,902
Income taxes	2,030			3,619			4,566			6,628

Earnings from discontinued operations, net of tax	$	12,068		$	5,605		$	16,211		$	10,274

Schedule of carrying amounts of assets and liabilities of discontinued operations

The following is a reconciliation of the major classes of assets and liabilities of the discontinued operations (dollars in thousands):

	September 30, 2015		March 31, 2015
Trade accounts receivable, net	$	—	$	35,743
Deferred income taxes	—		2,762
Other current assets	2,000		10,707
Property and equipment, net of accumulated depreciation and amortization	—		44,336
Goodwill	—		71,508
Purchased software licenses, net of accumulated amortization	—		3,943
Other assets, net	—		3,173

Assets from discontinued operations	$	2,000	$	172,172


Current installments of long-term debt	$	—	$	653
Trade accounts payable	—		8,857
Accrued expenses	1,522		7,480
Deferred revenue	—		3,658
Long-term debt	—		6,684
Deferred income taxes	—		22,716
Other liabilities	—		6,377

Liabilities from discontinued operations	$	1,522	$	56,425

U.K. call center operation

Schedule of summary results of operations for discontinued operations

Summary results of operations of the 2Touch business unit for the quarter and six months ended September 30, 2015 and 2014 are segregated and included in earnings from discontinued operations, net of tax, in the condensed consolidated statements of operations and are as follows (dollars in thousands):

	For the quarter ended September 30					For the six months ended September 30
	2015		2014			2015		2014
Revenues	$	—	$	1,478		$	—	$	7,240


Earnings (loss) from discontinued operations before income taxes	$	—	$	(48	)	$	—	$	295
Loss on sale of discontinued operations before income taxes	—		—			—		(1,875		)
Income taxes	—		—			—		—

Loss from discontinued operations, net of tax	$	—	$	(48	)	$	—	$	(1,580	)

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):

	September 30, 2015		March 31, 2015
Trade accounts receivable, net	$	—	$	112

Assets from discontinued operations	$	—	$	112


Other accrued expenses	$	914	$	1,008

Liabilities from discontinued operations	$	914	$	1,008