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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Revenues      
Products $ 182,153 $ 186,283 $ 198,640
Services 789,521 811,503 888,888
Total 971,674 997,786 1,087,528
Cost of sales      
Products 105,477 [1] 103,876 [1] 110,455 [1]
Services 562,615 [1] 573,980 [1] 630,577 [1]
Total 668,092 [1] 677,856 [1] 741,032 [1]
Gross profit 303,582 319,930 346,496
Selling, general & administrative expenses 245,521 [2] 249,924 [3] 255,347
Goodwill impairment loss 154,429 0 317,797
Intangibles amortization 12,024 13,737 13,025
Operating income (loss) (108,392) [4] 56,269 [5] (239,673) [6]
Interest expense (income), net 4,647 6,090 5,148
Other expenses (income), net 1,197 [7] 3,716 [8] 1,245
Income (loss) before provision for income taxes (114,236) 46,463 (246,066)
Provision (benefit) for income taxes 1,637 17,657 1,668
Net income (loss) $ (115,873) $ 28,806 $ (247,734)
Earnings (loss) per common share      
Basic $ (7.33) $ 1.73 $ (13.98)
Diluted $ (7.33) $ 1.73 $ (13.98)
Weighted-average common shares outstanding      
Basic 15,813 16,627 17,725
Diluted 15,813 16,689 17,725
Dividends per share $ 0.36 $ 0.32 $ 0.28
[1] Exclusive of depreciation and intangibles amortization.
[2] Includes restructuring expense of $139, $734, $833 and $1,734 for 1Q14, 2Q14, 3Q14 and 4Q14, respectively.
[3] Includes restructuring expense of $1,980, $2,051, $1,442 and $2,972 for 1Q13, 2Q13, 3Q13 and 4Q13, respectively.
[4] Includes restructuring expense of $3,440 ($308 for North America Products, $1,958 for North America Services, $594 for International Products and $580 for International Services) and goodwill impairment loss of $154,429 ($42,613 for North America Products, $86,904 for North America Services, $20,159 for International Products and $4,753 for International Services) recorded during Fiscal 2014.
[5] Includes restructuring expense of $8,445 ($688 for North America Products, $5,578 for North America Services, $1,879 for International Products and $300 for International Services) recorded during Fiscal 2013.
[6] Includes restructuring expense of $2,142 ($1,886 for North America Services, $43 for International Products and $213 for International Services) and goodwill impairment loss of $317,797 ($232 for North America Products, $277,132 for North America Services, $13,724 for International Products and $26,709 for International Services) recorded during Fiscal 2012.
[7] Includes a loss of $822 during the second quarter of Fiscal 2014 due to the probable divestiture of our non-controlling interest in GNIS, a joint venture company which was formed in conjunction with Genesis Networks Enterprises, LLC.
[8] Includes a loss of $2,670 during the third quarter of Fiscal 2013 due to the probable divestiture of our non-controlling interest in GNIS, a joint venture company which was formed in conjunction with Genesis Networks Enterprises, LLC.