XML 54 R28.htm IDEA: XBRL DOCUMENT v3.21.1
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Tables)
12 Months Ended
Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Reconciliation of numerator and denominator of basic and diluted earnings (loss) per share
A reconciliation of the numerator and denominator of basic and diluted earnings (loss) per share is shown below (in thousands, except per share amounts):
Year ended March 31,
202120202019
Basic earnings (loss) per share:
Net loss from continuing operations$(90,268)$(125,261)$(133,947)
Earnings from discontinued operations, net of tax— 750 1,162,494 
Net earnings (loss)$(90,268)$(124,511)$1,028,547 
Basic weighted-average shares outstanding66,304 67,760 75,020 
Continuing operations$(1.36)$(1.85)$(1.79)
Discontinued operations— 0.01 15.50 
Basic earnings (loss) per share$(1.36)$(1.84)$13.71 
Diluted earnings (loss) per share:
Basic weighted-average shares outstanding66,304 67,760 75,020 
Dilutive effect of common stock options and restricted stock as computed under the treasury stock method (1)— — — 
Diluted weighted-average shares outstanding66,304 67,760 75,020 
Continuing operations$(1.36)$(1.85)$(1.79)
Discontinued operations— 0.01 15.50 
Diluted earnings (loss) per share$(1.36)$(1.84)$13.71 
(1) The number of common stock options and restricted stock units as computed under the treasury stock method for continuing operations that would have otherwise been dilutive but are excluded from the table above because their effect would have been anti-dilutive due to the net loss position of the Company were 2.7 million, 2.4 million, and 3.4 million for the years ended March 31, 2021, 2020, and 2019, respectively.
Schedule of anti-dilutive options, warrants and restricted stock units excluded from computation of earnings (loss) per share
Restricted stock units that were outstanding during the periods presented but were not included in the computation of diluted earnings per share because the effect was anti-dilutive are shown below (in thousands, except per share amounts):
Year ended March 31,
202120202019
Number of shares underlying restricted stock units90 1,368 227 
Schedule of activity of the allowance for credit losses, returns and credits
A summary of the activity of the allowance for credit losses, returns and credits was (dollars in thousands):

For the twelve months ended:Balance at beginning of periodAdditions charged to costs and expensesOther changesBad debts written off, net of amounts recoveredBalance at end of period
March 31, 2019$3,182 3,069 (92)(3,152)$3,007 
March 31, 2020$3,007 7,133 86 (2,651)$7,575 
March 31, 2021$7,575 2,915 108 (2,981)$7,617 
Schedule of weighted average useful lives of intangible assets The weighted average useful lives of our intangible assets were as follows:
Weighted Average Useful Life (years)
Developed technology3.9
Customer relationships5.3
Publisher and Data Supply relationships5.2
Schedule of Accounting Pronouncements Adopted During the Current Year and Recent accounting pronouncements not yet adopted
Accounting Pronouncements Adopted During the Current Year -
StandardDescriptionDate of AdoptionEffect on Financial Statements or Other Significant Matters
Accounting Standards Update ("ASU") ASU 2018-15
Intangibles-Goodwill and Other-Internal Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract ("ASU 2018-15")
ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a cloud computing arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal use software license. Previously, all implementation costs for a hosting arrangement that was a service contract were expensed when incurred.
April 1, 2020The effect of prospectively adopting ASU 2018-15 on our consolidated financial statements and related disclosures was not material.
ASU 2018-13
Fair Value Measurement (Topic 820): Disclosure Framework ("ASU 2018-13")
ASU 2018-13 eliminates, modifies and adds disclosure requirements for fair value measurements.April 1, 2020The effect of adopting ASU 2018-13 on our consolidated financial statements and related disclosures was not material.
ASU 2016-13,
Financial Instruments-Credit Losses (Topic 326) ("ASU 2016-13")
ASU 2016-13 introduces new methodology for accounting for credit losses on financial instruments. The guidance establishes a new forward looking "expected loss model" that requires entities to estimate expected credit losses on accounts receivable and other financial instruments by using all practical and relevant information.April 1, 2020
The effect of adopting ASU 2016-13 on our consolidated financial statements and related disclosures was not material.
Recent accounting pronouncements not yet adopted -
StandardDescriptionDate of AdoptionEffect on Financial Statements or Other Significant Matters
ASU 2019-12
Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes ("ASU 2019-12")
ASU 2019-12 simplifies the accounting for income taxes, eliminates certain exceptions to the general principles in Topic 740 and clarifies and amends existing guidance to improve consistent application. ASU 2019-12 is effective for annual periods beginning after December 15, 2020 (fiscal 2022 for the Company), including interim periods within those fiscal years.
April 1, 2021
The Company does not expect the adoption of this guidance will have a material impact on our consolidated financial statements.