DISCONTINUED OPERATIONS: (Tables)

9 Months Ended

Dec. 31, 2015

Schedule of summary results of operations for discontinued operations

The following table 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 December 31						For the nine months ended December 31
	2015			2014			2015			2014
Major classes of line items constituting earnings from discontinued operations, net of tax:
Revenues	$	—		$	52,194		$	69,410		$	163,515
Cost of revenue	—			41,207			50,837			127,056

Gross profit	—			10,987			18,573			36,459

Operating expenses:
Sales and marketing	—			541			1,192			1,917
General and administrative	—			2,169			6,053			7,485
Loss (gain) on sale of discontinued operations	1,011			—			(9,349		)	—
Gains, losses and other items, net	—			795			—			1,215

Total operating expenses	1,011			3,505			(2,104		)	10,617

Income (loss) from discontinued operations	(1,011		)	7,482			20,677			25,842

Interest expense	—			(605		)	(681		)	(1,804		)
Other, net	—			(68		)	(230		)	(327		)

Earnings (loss) from discontinued operations before income taxes	(1,011		)	6,809			19,766			23,711
Income taxes	(490		)	2,672			4,076			9,300

Earnings (loss) from discontinued operations, net of tax	$	(521	)	$	4,137		$	15,690		$	14,411

Schedule of carrying amounts of assets and liabilities of discontinued operations

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

	December 31, 2015		March 31, 2015
Trade accounts receivable, net	$	—	$	35,743
Deferred income taxes	—		2,762
Other current assets	—		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	$	—	$	172,172


Current installments of long-term debt	$	—	$	653
Trade accounts payable	—		8,857
Accrued expenses	2,728		7,480
Deferred revenue	—		3,658
Long-term debt	—		6,684
Deferred income taxes	—		22,716
Other liabilities	—		6,377

Liabilities from discontinued operations	$	2,728	$	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 nine months ended December 31, 2015 and 2014 are segregated and included in earnings (loss) from discontinued operations, net of tax, in the condensed consolidated statements of operations and consists of (dollars in thousands):

	For the quarter ended December 31						For the nine months ended December 31
	2015			2014			2015			2014
Revenues	$	—		$	1,250		$	—		$	8,490

Operating expenses, excluding loss on sale of discontinued operations	$	450		$	1,568		$	450		$	8,513
Loss on sale of discontinued operations	—			—			—			1,875

Loss from discontinued operations before income taxes	$	(450	)	$	(318	)	$	(450	)	$	(1,898	)
Income taxes	—			—			—			—

Loss from discontinued operations, net of tax	$	(450	)	$	(318	)	$	(450	)	$	(1,898	)

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 condensed consolidated balance sheets and consists of (dollars in thousands):

	December 31, 2015		March 31, 2015
Trade accounts receivable, net	$	—	$	112

Assets from discontinued operations	$	—	$	112


Other accrued expenses	$	1,337	$	1,008

Liabilities from discontinued operations	$	1,337	$	1,008