INCOME TAXES: (Tables)

12 Months Ended

Mar. 31, 2018

Schedule of allocation of total income tax expense (benefit)

Total income tax expense (benefit) was allocated as follows (dollars in thousands):



	2018			2017			2016
Earnings (loss) from continuing operations	$	(22,771	)	$	4,534		$	(11,632	)
Earnings from discontinued operations	—			—			3,598
Stockholders’ equity:
Tax shortfall (excess tax benefits) from share-based compensation	—			(2,183		)	293
	$	(22,771	)	$	2,351		$	(7,741	)

Schedule of income tax expense (benefit) attributable to loss from continuing operations

Income tax expense (benefit) attributable to earnings (loss) from continuing operations consists of (dollars in thousands):



	2018			2017			2016
Current:
U.S. Federal	$	(6,334	)	$	9,778		$	(2,410	)
Non-U.S.	616			472			535
State	(79		)	3,102			1,907
	(5,797		)	13,352			32
Deferred:
U.S. Federal	(19,113		)	(3,680		)	(3,789		)
Non-U.S.	549			405			(3,220		)
State	1,590			(5,543		)	(4,655		)
	(16,974		)	(8,818		)	(11,664		)
Total	$	(22,771	)	$	4,534		$	(11,632	)

Schedule of loss before income tax attributable to U.S. and non-U.S. continuing operations

Earnings (loss) before income tax attributable to U.S. and non-U.S. continuing operations consists of (dollars in thousands):



	2018			2017		2016
U.S.	$	(2,552	)	$	7,936	$	(6,952	)
Non-U.S.	3,261			706		(13,328		)
Total	$	709		$	8,642	$	(20,280	)

Schedule of reconciliation of expected income tax benefit computed using U.S. federal statutory income tax rate to actual income tax expense (benefit) from continuing operations

Below is a reconciliation of expected income tax expense (benefit) computed by applying the blended U.S. federal statutory rate of 31.5% for fiscal 2018, and the U.S. federal statutory rate of 35.0% for fiscal 2017 and fiscal 2016, respectively, to earnings (loss) before income taxes to actual income tax expense (benefit) from continuing operations (dollars in thousands):



	2018			2017			2016
Computed expected income tax (benefit)	$	223		$	3,025		$	(7,098	)
Increase (reduction) in income taxes resulting from:
State income taxes, net of federal benefit	1,203			(1,586		)	(1,796		)
Research and other tax credits	(5,015		)	(2,285		)	(4,027		)
Effect of federal rate change on deferred taxes	(24,565		)	—			—
Nondeductible expenses	1,028			1,156			661
Acxiom Impact disposition	—			(4,502		)	—
Stock-based compensation	3,590			3,308			1,857
Non-U.S. subsidiaries taxed at other rates	246			614			2,468
Adjustment to valuation allowances	—			2,896			(3,585		)
Acquisitions costs	—			478			—
Foreign income inclusion	84			473			—
Other, net	435			957			(112		)
	$	(22,771	)	$	4,534		$	(11,632	)

Schedule of components of deferred tax assets and liabilities



	2018			2017
Deferred tax assets:
Accrued expenses	$	6,681		$	9,517
Deferred revenue	491			1,837
Net operating loss carryforwards	51,068			50,414
Stock-based compensation	10,884			19,854
Nonqualified deferred compensation	3,217			4,672
Capital loss carryforward	2,099			3,414
Tax credit carryforwards	13,427			10,403
Other	234			(791		)
Total deferred tax assets	88,101			99,320
Less valuation allowance	(49,719		)	(47,074		)
Net deferred tax assets	38,382			52,246
Deferred tax liabilities:
Prepaid expenses	$	(4,111	)	$	(1,192	)
Capitalized software costs	(7,343		)	(11,582		)
Property and equipment	(4,837		)	(9,800		)
Intangible assets	(42,281		)	(77,785		)
Accrued expenses	(7,828		)	—
Total deferred tax liabilities	(66,400		)	(100,359		)
Net deferred tax liabilities	$	(28,018	)	$	(48,113	)

Schedule of changes in total gross unrecognized tax benefits

The following table sets forth changes in the total gross unrecognized tax benefits for the fiscal years ended March 31, 2018, 2017 and 2016 (dollars in thousands):



	2018			2017			2016
Balance at beginning of period	$	12,870		$	10,906		$	9,711
Increases related to prior year tax positions	1,134			307			1,717
Decreases related to prior year tax positions	(208		)	(466		)	(1,227		)
Increases related to current year tax positions	3,172			2,123			2,035
Settlements with taxing authorities	—			—			(1,330		)
Lapse of statute of limitations	(1,553		)	—			—
Balance at end of period	$	15,415		$	12,870		$	10,906