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DISCONTINUED OPERATIONS: (Tables)
6 Months Ended
Sep. 30, 2016
Schedule of Cash inflows, outflows, revenues and expenses

The related cash inflows and outflows and revenues and expenses for all periods reported are shown below (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the quarter ended

 

For the six months ended

 

 

 

September 30, 

 

September 30, 

 

 

    

2016

    

2015

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash inflows

 

$

1,870

 

$

699

 

$

3,711

 

$

699

 

Cash outflows

 

$

930

 

$

149

 

$

2,445

 

$

149

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,836

 

$

1,166

 

$

3,566

 

$

1,166

 

Expenses

 

$

912

 

$

1,156

 

$

2,312

 

$

1,156

 

 

Zeta Interactive | Sale to Zeta  
Schedule of summary results of operations for discontinued operations

Revenue and income from operations from the disposed Impact email business are shown below (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

For the quarter ended

 

For the six months ended

 

 

September 30, 

 

September 30, 

 

 

2016

    

2015

    

2016

    

2015

Revenues

 

$

8,056

 

$

15,812

 

$

20,375

 

$

31,523

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before income taxes

 

$

249

 

$

2,962

 

$

120

 

$

6,275

 

ITO | Sale to ITO  
Schedule of carrying amounts of major classes of assets and liabilities of 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

 

For the six months ended

 

 

 

September 30, 

 

September 30, 

 

 

    

2015

    

2015

 

Major classes of line items constituting earnings from discontinued operations, net of tax:

 

 

 

 

 

 

 

Revenues

 

$

16,830

 

$

69,410

 

Cost of revenue

 

 

10,269

 

 

50,837

 

Gross profit

 

 

6,561

 

 

18,573

 

Operating expenses:

 

 

 

 

 

 

 

Sales and marketing

 

 

194

 

 

1,192

 

General and administrative

 

 

2,285

 

 

6,053

 

Gain on sale of discontinued operations

 

 

(10,360)

 

 

(10,360)

 

Total operating expenses

 

 

(7,881)

 

 

(3,115)

 

Income from discontinued operations

 

 

14,442

 

 

21,688

 

Interest expense

 

 

(117)

 

 

(681)

 

Other, net

 

 

(227)

 

 

(230)

 

Earnings from discontinued operations before income taxes

 

 

14,098

 

 

20,777

 

Income taxes

 

 

2,030

 

 

4,566

 

Earnings from discontinued operations, net of tax

 

$

12,068

 

$

16,211