ACQUISITIONS: (Tables)

12 Months Ended

Mar. 31, 2021

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

The acquisition date fair value of the consideration for DataFleets was approximately $67.2 million, which consisted of the following (dollars in thousands):

Cash, net of $2.1 million cash acquired	$	58,264
Restricted cash held in escrow	8,900
Total fair value of consideration transferred	$	67,164

The acquisition date fair value of the consideration for DPM was approximately $118.0 million, which consisted of the following (dollars in thousands):

Cash, net of $0.4 million cash acquired	$	100,886
Restricted cash held in escrow	14,815
Fair value of replacement stock options considered a component of purchase price	2,300
Total fair value of consideration transferred	$	118,001

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):

	February 17, 2021
Assets acquired:
Cash	$	2,099
Goodwill	56,436
Intangible assets	11,400
Other current and noncurrent assets	1,119
Total assets acquired	71,054
Deferred income taxes	(1,716)
Accounts payable and accrued expenses	(75)
Net assets acquired	69,263
Less:
Cash acquired	(2,099)
Net purchase price allocated	67,164
Less:
Restricted cash held in escrow	(8,900)
Net cash paid in acquisition	$	58,264

The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):

	July 16, 2020
Assets acquired:
Cash	$	184
Trade accounts receivable	156
Goodwill	2,011
Intangible assets	1,100
Other current and noncurrent assets	43
Total assets acquired	3,494
Deferred income taxes	(288)
Accounts payable and accrued expenses	(89)
Net assets acquired	3,117
Less:
Cash acquired	(184)
Net cash paid	$	2,933

The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):

	July 2, 2019
Assets acquired:
Cash	$	438
Trade accounts receivable	957
Goodwill	90,619
Intangible assets	34,000
Other current and noncurrent assets	1,186
Total assets acquired	127,200
Deferred income taxes	(6,034)
Accounts payable and accrued expenses	(2,727)
Net assets acquired	118,439
Less:
Cash acquired	(438)
Net purchase price allocated	118,001
Less:
Restricted cash held in escrow	(14,815)
Fair value of replacement stock options considered a component of purchase price	(2,300)
Net cash paid in acquisition	$	100,886

The following table presents the purchase price allocation related to assets acquired and liabilities assumed (dollars in thousands):

	April 2, 2019
Assets acquired:
Cash	$	35
Trade accounts receivable	63
Goodwill	3,110
Intangible assets	1,700
Other current and noncurrent assets	126
Total assets acquired	5,034
Deferred income taxes	(194)
Accounts payable and accrued expenses	(326)
Net assets acquired	4,514
Less:
Cash acquired	(35)
Net cash paid	$	4,479

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):

			Useful life
	Fair value		(in years)
Developed technology	$	11,000	4
Customer relationships/trade names	400		2
Total intangible assets	$	11,400

The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):

			Useful life
	Fair value		(in years)
Developed technology	$	11,000	4
Data supply relationships	16,000		4
Customer relationships	6,000		4
Trademarks	1,000		2
Total intangible assets	$	34,000

Schedule of Business Acquisition, Pro Forma Information

The unaudited pro forma financial information was as follows (dollars in thousands, except per share data):

	Year ended March 31,
	2020		2019
Revenues	$	381,501	$	287,467
Net earnings (loss)	$	(129,211)	$	1,010,241
Basic earnings (loss) per share	$	(1.91)	$	13.47
Diluted earnings (loss) per share	$	(1.91)	$	13.47