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SEGMENT INFORMATION: (Tables)
12 Months Ended
Mar. 31, 2017
SEGMENT INFORMATION:  
Schedule of information by business segment

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

    

2016

    

2015

 

Revenues: 

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

410,840

 

$

449,772

 

$

446,103

 

Audience Solutions

 

 

322,065

 

 

297,846

 

 

303,836

 

Connectivity

 

 

147,342

 

 

102,470

 

 

54,972

 

Total segment revenues

 

$

880,247

 

$

850,088

 

$

804,911

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit(1):

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

140,647

 

$

152,258

 

$

156,395

 

Audience Solutions

 

 

198,185

 

 

167,715

 

 

158,386

 

Connectivity

 

 

88,251

 

 

61,199

 

 

13,322

 

Total segment gross profit

 

$

427,084

 

$

381,172

 

$

328,103

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations(1):

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

80,622

 

$

74,371

 

$

81,247

 

Audience Solutions

 

 

123,238

 

 

109,598

 

 

115,078

 

Connectivity

 

 

5,333

 

 

(3,298)

 

 

(40,069)

 

Total segment income from operations

 

$

209,193

 

$

180,671

 

$

156,256

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

Marketing Services

 

$

7,549

 

$

9,988

 

$

12,280

 

Audience Solutions

 

 

13,286

 

 

12,909

 

 

12,652

 

Connectivity

 

 

21,906

 

 

19,932

 

 

16,469

 

Total depreciation and amortization

 

$

42,741

 

$

42,829

 

$

41,401

 


(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

The following table reconciles total operating segment gross profit to gross profit and total operating segment income from operations to income (loss) from operations (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

 

 

Total segment gross profit

 

$

427,084

 

$

381,172

 

$

328,103

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

Purchased intangible asset amortization

 

 

18,644

 

 

15,466

 

 

11,454

 

Non-cash stock compensation

 

 

5,879

 

 

2,150

 

 

1,459

 

Accelerated amortization

 

 

 —

 

 

1,850

 

 

4,316

 

Gross profit

 

$

402,561

 

$

361,706

 

$

310,874

 

 

 

 

 

 

 

 

 

 

 

 

Total segment income from operations

 

$

209,193

 

$

180,671

 

$

156,256

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

Corporate expenses (principally general and administrative)

 

 

117,342

 

 

127,844

 

 

126,570

 

Gains, losses and other items, net

 

 

8,373

 

 

12,132

 

 

22,600

 

Impairment of goodwill and other

 

 

 —

 

 

6,829

 

 

 —

 

Purchased intangible asset amortization

 

 

18,644

 

 

15,466

 

 

11,454

 

Non-cash stock compensation

 

 

49,145

 

 

31,463

 

 

28,316

 

Income (loss) from operations

 

$

15,689

 

$

(13,063)

 

$

(32,684)