DISCONTINUED OPERATIONS AND DISPOSITIONS: (Tables)

12 Months Ended

Mar. 31, 2017

Schedule of Cash inflows, outflows, revenues and expenses

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

	2017		2016
Cash inflows	$	7,214	$	4,728
Cash outflows	$	4,140	$	4,165
Revenues	$	6,470	$	4,650
Expenses	$	3,284	$	4,617

Zeta Interactive | Sale to Zeta

Schedule of summary results of operations for discontinued operations

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

	2017		2016		2015
Revenues	$	20,375	$	60,199	$	64,634
Income (loss) from operations	$	(157)	$	10,105	$	18,659

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):

	2016		2015
Major classes of line items constituting earnings from discontinued operations, net of tax:
Revenues	$	69,410	$	215,148
Cost of revenue		50,837		167,524
Gross profit		18,573		47,624
Operating expenses:
Sales and marketing		1,192		2,771
General and administrative		6,053		10,736
Gain on sale of discontinued operations		(9,349)		—
Gains, losses and other items, net		367		2,037
Total operating expenses		(1,737)		15,544
Earnings from discontinued operations		20,310		32,080
Interest expense		(681)		(2,378)
Other, net		(230)		(334)
Earnings from discontinued operations before income taxes		19,399		29,368
Income taxes		3,598		11,973
Earnings from discontinued operations, net of tax	$	15,801	$	17,395

U.K. call center operation, 2 Touch | Discontinued operations, held-for-sale or disposed of by sale

Schedule of summary results of operations for discontinued operations

Summary results of operations of the 2Touch business unit for the fiscal years ended March 31, 2016 and 2015, respectively, are segregated and included in earnings from discontinued operations, net of tax, in the consolidated statements of operations and consists of (dollars in thousands):

	2016		2015
Revenues	$	—	$	8,484
Earnings (loss) from discontinued operations before income taxes	$	(450)	$	4
Loss on sale of discontinued operations before income taxes		—		(1,888)
Loss from discontinued operations, net of tax	$	(450)	$	(1,884)