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DISCONTINUED OPERATIONS AND DISPOSITIONS: (Tables)
9 Months Ended
Dec. 31, 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 nine months ended

 

 

 

December 31, 

 

December 31, 

 

 

    

2016

    

2015

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash inflows

 

$

1,329

 

$

1,986

 

$

5,017

 

$

2,685

 

Cash outflows

 

$

698

 

$

2,351

 

$

3,512

 

$

2,500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,502

 

$

1,752

 

$

5,055

 

$

2,918

 

Expenses

 

$

447

 

$

1,845

 

$

2,785

 

$

3,001

 

 

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 nine months ended

 

 

December 31, 

 

December 31, 

 

 

2016

    

2015

    

2016

    

2015

Revenues

 

$

 —

 

$

14,967

 

$

20,375

 

$

46,490

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before income taxes

 

$

 —

 

$

2,435

 

$

120

 

$

8,710

 

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 (loss) from discontinued operations, net of tax (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

For the quarter ended

 

For the nine months ended

 

 

 

December 31, 

 

December 31, 

 

 

    

2015

    

2015

 

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

 

 

 

 

 

 

 

Revenues

 

$

 —

 

$

69,410

 

Cost of revenue

 

 

 —

 

 

50,837

 

Gross profit

 

 

 —

 

 

18,573

 

Operating expenses:

 

 

 

 

 

 

 

Sales and marketing

 

 

 —

 

 

1,192

 

General and administrative

 

 

 —

 

 

6,053

 

Gain on sale of discontinued operations

 

 

1,011

 

 

(9,349)

 

Total operating expenses

 

 

1,011

 

 

(2,104)

 

Earnings (loss) from discontinued operations

 

 

(1,011)

 

 

20,677

 

Interest expense

 

 

 —

 

 

(681)

 

Other, net

 

 

 —

 

 

(230)

 

Earnings (loss) from discontinued operations before income taxes

 

 

(1,011)

 

 

19,766

 

Income taxes (benefit)

 

 

(490)

 

 

4,076

 

Earnings (loss) from discontinued operations, net of tax

 

$

(521)

 

$

15,690