Segment Information

9 Months Ended

Dec. 31, 2013

Segment Information [Abstract]

Segment Information

Note 8 – Segment Information

The Company evaluates the performance of its segments based primarily on revenue growth and contribution margin which is operating profit before certain charges such as restructuring, internal information system support, finance, human resources, legal, administration and other corporate charges (“unallocated expenses”). Transactions between segments are eliminated.  The allocation of income taxes is not evaluated at the segment level. Financial information for the Company’s business segments was as follows (in thousands):

	Three Months Ended December 31, 2013
	APM		MF		CP		UF		PS		AS			Unallocated Expenses & Eliminations (1)			Total
Software license fees	$	39,761	$	11,436	$	3,019	$	2,478	$	-	$	-		$	-		$	56,694
Maintenance fees		26,094		63,616		4,139		7,751		-		-			-			101,600
Subscription fees		20,982		-		751		-		-		-			-			21,733
Professional services fees		7,767		41		3,165		1,061		34,644		-			(300	)		46,378
Application services fees		-		-		-		-		-		24,109			-			24,109
Total revenues		94,604		75,093		11,074		11,290		34,644		24,109			(300	)		250,514
Operating expenses		76,127		18,196		10,704		5,499		28,457		29,322			52,305			220,610
Contribution /operating margin	$	18,477	$	56,897	$	370	$	5,791	$	6,187	$	(5,213	)	$	(52,605	)	$	29,904

(1) Unallocated operating expenses include $3.7 million in restructuring expenses. See note 10 for additional information.

	Three Months Ended December 31, 2012
	APM		MF		CP			UF		PS		AS		Unallocated Expenses			Total
Software license fees	$	33,938	$	24,743	$	2,684		$	3,466	$	-	$	-	$	-		$	64,831
Maintenance fees		23,369		67,048		4,139			7,785		-		-		-			102,341
Subscription fees		20,130		-		663			-		-		-		-			20,793
Professional services fees		7,624		673		3,137			1,413		33,202		-		-			46,049
Application services fees		-		-		-			-		-		23,852		-			23,852
Total revenues		85,061		92,464		10,623			12,664		33,202		23,852		-			257,866
Operating expenses		76,773		24,727		10,951			5,254		28,264		21,664		50,584			218,217
Contribution /operating margin	$	8,288	$	67,737	$	(328	)	$	7,410	$	4,938	$	2,188	$	(50,584	)	$	39,649

	Nine Months Ended December 31, 2013
	APM		MF		CP		UF		PS		AS			Unallocated Expenses & Eliminations (1)			Total
Software license fees	$	86,028	$	29,503	$	6,173	$	6,106	$	-	$	-		$	-		$	127,810
Maintenance fees		74,192		191,499		12,513		22,424		-		-			-			300,628
Subscription fees		61,045		-		2,124		-		-		-			-			63,169
Professional services fees		22,165		141		9,936		3,171		107,643		-			(1,266	)		141,790
Application services fees		-		-		-		-		-		72,735			-			72,735
Total revenues		243,430		221,143		30,746		31,701		107,643		72,735			(1,266	)		706,132
Operating expenses		218,930		54,696		29,845		15,363		88,007		89,107			146,626			642,574
Contribution /operating margin	$	24,500	$	166,447	$	901	$	16,338	$	19,636	$	(16,372	)	$	(147,892	)	$	63,558

(1) Unallocated operating expenses include $9.1 million in restructuring expenses. See note 10 for additional information.

	Nine Months Ended December 31, 2012
	APM			MF		CP			UF		PS		AS		Unallocated Expenses			Total
Software license fees	$	74,237		$	43,566	$	5,545		$	7,151	$	-	$	-	$	-		$	130,499
Maintenance fees		66,544			205,972		12,321			22,650		-		-		-			307,487
Subscription fees		59,526			-		1,977			-		-		-		-			61,503
Professional services fees		23,003			1,640		9,898			3,684		101,930		-		-			140,155
Application services fees		-			-		-			-		-		64,981		-			64,981
Total revenues		223,310			251,178		29,741			33,485		101,930		64,981		-			704,625
Operating expenses		226,928			67,856		31,392			15,279		85,322		59,731		144,731			631,239
Contribution /operating margin	$	(3,618	)	$	183,322	$	(1,651	)	$	18,206	$	16,608	$	5,250	$	(144,731	)	$	73,386

The Company does not evaluate assets and capital expenditures on a segment basis, and accordingly such information is not provided.

Financial information regarding geographic operations is presented in the table below (in thousands):

	Three Months Ended December 31,				Nine Months Ended December 31,
	2013		2012		2013		2012
Revenues:
United States	$	150,252	$	159,622	$	437,567	$	442,498
Europe and Africa		64,995		59,315		166,486		155,216
Other international operations		35,267		38,929		102,079		106,911
Total revenues	$	250,514	$	257,866	$	706,132	$	704,625

	As of December 31, 2013		As of March 31, 2013
Long-lived assets
United States	$	878,627	$	888,032
Austria		211,742		201,224
Other		17,764		17,082
Total long-lived assets	$	1,108,133	$	1,106,338

Long-lived assets are comprised of property and equipment, goodwill and capitalized software.