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COMMITMENTS AND CONTINGENCIES
12 Months Ended
Mar. 31, 2011
COMMITMENTS AND CONTINGENCIES  
COMMITMENTS AND CONTINGENCIES

14.   COMMITMENTS AND CONTINGENCIES

A summary of annual minimum contractual obligations and commitments as of March 31, 2011 is as follows:

Fiscal Year Ending March 31,   Licensing
and
Marketing
  Software
Development
  Operating
Leases
  Convertible
Notes
Interest
  Convertible
Notes
  Total  

2012

  $ 74,173   $ 20,799   $ 18,086   $ 6,038   $   $ 119,096  

2013

    73,890     1,150     16,472     6,038         97,550  

2014

    2,000         14,664     6,038         22,702  

2015

    1,500         7,061     3,019     138,000     149,580  

2016

            4,253             4,253  

Thereafter

            2,937             2,937  
                           

Total

  $ 151,563   $ 21,949   $ 63,473   $ 21,133   $ 138,000   $ 396,118  
                           

Licensing and Marketing Agreements:    Our licensing commitments primarily consist of obligations to holders of intellectual property rights for use of their trademarks, copyrights, technology or other intellectual property rights in the development of our products. As of March 31, 2011, $1,870 of our guaranteed minimum licensing and marketing commitments were recorded in our Consolidated Balance Sheets because the licensor did not have any significant remaining performance obligation to us. Licensing and marketing commitments expire at various times through September 2014 and primarily reflect our agreements with major sports leagues and players' associations. Certain of our licensing and marketing agreements also contain provisions that would impose penalties if we fail to meet agreed upon software release dates.

Software Development Agreements:    We make payments to third-party software developers that include contractual payments to developers under several software development agreements that expire at various times through April 2012. Our aggregate outstanding software development commitments assume satisfactory performance by third-party software developers.

Lease Commitments:    Our offices are occupied under non-cancelable operating leases expiring at various times through December 2017. We also lease certain furniture, equipment and automobiles under non-cancelable leases expiring through March 2020. Some of the leases have fixed rent increases and also include inducements to enter into the lease. The effect of such amounts are deferred and recognized on a straight-line basis over the related lease term. Rent expense amounted to $14,088, $13,809, $6,131, $13,601 and $14,588 for the fiscal years ended March 31, 2011 and 2010, five months ended March 31, 2010 and fiscal years ended October 31, 2009 and 2008, respectively.

Contingent Consideration:    Part of our business acquisition strategy has been to make a portion of the purchase price of certain acquisitions dependent on product delivery or future product sales. The amounts and timing of these payments are currently not fixed or determinable. See Note 5 for a discussion of our contingent commitments related to our business acquisitions.

Employee Savings Plan:    We maintain a 401(k) retirement savings plan and trust. Our 401(k) plan is offered to all eligible employees and participants may make voluntary contributions. The Company matched a portion of the contributions during the fiscal years ended March 31, 2011 and 2010, five months ended March 31, 2010 and fiscal years ended October 31, 2009 and 2008 and the matching contribution expense incurred by us was $2,767, $2,616, $1,146, $2,665 and $2,118, respectively.

Income Taxes:    At March 31, 2011, the Company had recorded a liability for gross unrecognized tax benefits of $12,037 for which we are unable to make a reasonable and reliable estimate of the period in which these liabilities will be settled with the respective tax authorities, therefore, these liabilities have not been included in the contractual obligations table.