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SEGMENT INFORMATION: (Tables)
9 Months Ended
Dec. 31, 2016
SEGMENT INFORMATION:  
Schedule of information by business segment

The following table presents information by business segment (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

For the quarter ended

 

For the nine months ended

 

 

 

December 31, 

 

December 31, 

 

 

 

2016

    

2015

    

2016

    

2015

 

Revenues: 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

101,177

 

$

115,725

 

$

316,571

 

$

336,430

 

Audience Solutions

 

 

83,399

 

 

77,046

 

 

235,669

 

 

217,718

 

Connectivity

 

 

38,736

 

 

28,422

 

 

103,140

 

 

71,285

 

Total segment revenues

 

$

223,312

 

$

221,193

 

$

655,380

 

$

625,433

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit(1):

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

37,494

 

$

38,561

 

$

109,440

 

$

112,140

 

Audience Solutions

 

 

53,120

 

 

45,265

 

 

143,030

 

 

121,259

 

Connectivity

 

 

23,091

 

 

16,130

 

 

60,509

 

 

41,582

 

Total segment gross profit

 

$

113,705

 

$

99,956

 

$

312,979

 

$

274,981

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations(1):

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

21,127

 

$

20,309

 

$

61,109

 

$

55,070

 

Audience Solutions

 

 

34,572

 

 

30,723

 

 

89,640

 

 

80,000

 

Connectivity

 

 

1,877

 

 

(1,015)

 

 

3,831

 

 

(2,874)

 

Total segment income from operations

 

$

57,576

 

$

50,017

 

$

154,580

 

$

132,196

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Gross profit and Income (loss) from operations reflect only the direct and allocable controllable costs of each segment and do not include allocations of corporate expenses (primarily general and administrative expenses) and gains, losses, and other items, net. Additionally, Gross profit and Income (loss) from operations do not reflect non-cash stock compensation expense and purchased intangible asset amortization.

Reconciliation of total operating segment gross profit to total gross profit and total operating segment income from operations to loss from operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

For the quarter ended

 

For the nine months ended

 

 

 

December 31, 

 

December 31, 

 

 

 

2016

    

2015

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total segment gross profit

 

$

113,705

 

$

99,956

 

$

312,979

 

$

274,981

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchased intangible asset amortization

 

 

4,621

 

 

3,754

 

 

12,588

 

 

11,263

 

Non-cash stock compensation

 

 

2,240

 

 

666

 

 

4,404

 

 

1,443

 

Accelerated amortization

 

 

 —

 

 

78

 

 

 —

 

 

1,598

 

Gross profit

 

$

106,844

 

$

95,458

 

$

295,988

 

$

260,677

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total segment income from operations

 

$

57,576

 

$

50,017

 

$

154,580

 

$

132,196

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate expenses (principally general and administrative)

 

 

24,185

 

 

27,827

 

 

75,342

 

 

76,868

 

Separation and transformation costs included in general and administrative

 

 

4,118

 

 

6,628

 

 

5,573

 

 

16,140

 

Gains, losses and other items, net

 

 

2,111

 

 

4,058

 

 

2,725

 

 

7,369

 

Impairment of goodwill and other

 

 

 —

 

 

 —

 

 

 —

 

 

729

 

Purchased intangible asset amortization

 

 

4,621

 

 

3,754

 

 

12,588

 

 

11,262

 

Non-cash stock compensation

 

 

13,427

 

 

8,046

 

 

33,955

 

 

23,529

 

Accelerated amortization

 

 

 —

 

 

78

 

 

 —

 

 

1,598

 

Income (loss) from operations

 

$

9,115

 

$

(374)

 

$

24,397

 

$

(5,299)