LiveRamp (RAMP) 10-K 26 May 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2017	May 22, 2017	Sep. 30, 2016
Document and Entity Information
Entity Registrant Name	ACXIOM CORP
Entity Central Index Key	733,269
Document Type	10-K
Document Period End Date	Mar. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 1,768,143,599
Entity Common Stock, Shares Outstanding		78,507,559
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016
Current assets:
Cash and cash equivalents	$ 170,343	$ 189,629
Trade accounts receivable, net	142,768	138,650
Refundable income taxes	7,098	9,834
Other current assets	48,310	37,897
Total current assets	368,519	376,010
Property and equipment, net of accumulated depreciation and amortization	155,974	183,043
Software, net of accumulated amortization of $288,122 in 2017 and $286,387 in 2016	47,638	55,735
Goodwill	592,731	492,745
Purchased software licenses, net of accumulated amortization of $72,403 in 2017 and $98,222 in 2016	7,972	10,116
Deferred income taxes	10,261	6,885
Other assets, net	51,443	25,315
TOTAL ASSETS	1,234,538	1,149,849
Current liabilities:
Current installments of long-term debt	39,819	32,243
Trade accounts payable	40,208	37,717
Accrued payroll and related expenses	53,238	61,309
Other accrued expenses	59,861	48,254
Deferred revenue	37,087	44,477
Total current liabilities	230,213	224,000
Long-term debt	189,241	157,897
Deferred income taxes	58,374	53,964
Other liabilities	17,730	15,020
Commitments and contingencies
Equity:
Common stock, $0.10 par value (authorized 200 million shares; issued 132.9 million and 130.4 million shares at March 31, 2017 and 2016, respectively)	13,288	13,039
Additional paid-in capital	1,154,429	1,082,220
Retained earnings	602,609	598,501
Accumulated other comprehensive income	7,999	8,590
Treasury stock, at cost (54.6 million and 53.0 million shares at March 31, 2017 and 2016, respectively)	(1,039,345)	(1,003,382)
Total equity	738,980	698,968
TOTAL LIABILITIES AND EQUITY	$ 1,234,538	$ 1,149,849

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands, shares in Millions	Mar. 31, 2017	Mar. 31, 2016
CONSOLIDATED BALANCE SHEETS
Software, accumulated amortization (in dollars)	$ 288,122	$ 286,387
Purchased software licenses, accumulated amortization (in dollars)	$ 72,403	$ 98,222
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, authorized shares	200	200
Common stock, issued shares	132.9	130.4
Treasury stock, shares	54.6	53

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
CONSOLIDATED STATEMENTS OF OPERATIONS
Revenues	$ 880,247	$ 850,088	$ 804,911
Cost of revenue	477,686	488,382	494,037
Gross profit	402,561	361,706	310,874
Operating expenses:
Research and development	82,109	74,247	74,201
Sales and marketing	166,676	146,176	116,494
General and administrative	129,714	135,385	130,263
Impairment of goodwill and other assets		6,829
Gains, losses and other items, net	8,373	12,132	22,600
Total operating expenses	386,872	374,769	343,558
Income (loss) from operations	15,689	(13,063)	(32,684)
Other income (expense):
Interest expense	(7,381)	(7,669)	(7,672)
Other, net	334	452	(991)
Total other expense	(7,047)	(7,217)	(8,663)
Income (loss) from continuing operations before income taxes	8,642	(20,280)	(41,347)
Income taxes (benefit)	4,534	(11,632)	(14,805)
Net earnings (loss) from continuing operations	4,108	(8,648)	(26,542)
Earnings from discontinued operations, net of tax		15,351	15,511
Net earnings (loss)	$ 4,108	$ 6,703	$ (11,031)
Basic earnings (loss) per share:
Net earnings (loss) from continuing operations (in dollars per share)	$ 0.05	$ (0.11)	$ (0.34)
Net earnings from discontinued operations (in dollars per share)		0.20	0.20
Net earnings (loss) (in dollar per share)	0.05	0.09	(0.14)
Diluted earnings (loss) per share:
Net earnings (loss) from continuing operations (in dollars per share)	0.05	(0.11)	(0.34)
Net earnings from discontinued operations (in dollars per share)		0.20	0.20
Net earnings (loss) (in dollars per share)	$ 0.05	$ 0.09	$ (0.14)

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Net earnings (loss)	$ 4,108	$ 6,703	$ (11,031)
Other comprehensive income (loss):
Change in foreign currency translation adjustment	(706)	(907)	(4,074)
Unrealized gain (loss) on interest rate swap	115	84	(175)
Other comprehensive loss	(591)	(823)	(4,249)
Comprehensive income (loss)	$ 3,517	$ 5,880	$ (15,280)

CONSOLIDATED STATEMENT OF EQUIT

CONSOLIDATED STATEMENT OF EQUITY - USD ($) $ in Thousands	Common Stock	Additional paid-in Capital	Retained earnings	Accumulated other comprehensive income	Treasury Stock	Total
Balances at Mar. 31, 2014	$ 12,584	$ 981,985	$ 602,829	$ 13,662	$ (928,203)	$ 682,857
Balances (in shares) at Mar. 31, 2014	125,843,608				(49,203,507)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances	$ 103	12,153			$ (7,217)	5,039
Employee stock awards, benefit plans and other issuances (in shares)	1,028,524				(370,299)
Tax impact of stock options, warrants and restricted stock		4,645				4,645
Non-cash share-based compensation from continuing operations	$ 4	28,298			$ 14	28,316
Non-cash share-based compensation from continuing operations (in shares)	33,693
Non-cash share-based compensation from discontinued operations		570				570
Restricted stock units vested	$ 103	(103)
Restricted stock units vested (in shares)	1,032,972
Acquisition of treasury stock					$ (9,868)	(9,868)
Acquisition of treasury stock (in shares)					(528,918)
LiveRamp replacement stock options		6,978				6,978
Comprehensive income (loss):
Foreign currency translation				(4,074)		(4,074)
Unrealized gain (loss) on interest rate swap				(175)		(175)
Net earnings			(11,031)			(11,031)
Balances at Mar. 31, 2015	$ 12,794	1,034,526	591,798	9,413	$ (945,274)	703,257
Balances (in shares) at Mar. 31, 2015	127,938,797				(50,102,724)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances	$ 134	15,627			$ (5,344)	10,417
Employee stock awards, benefit plans and other issuances (in shares)	1,338,663				(294,522)
Tax impact of stock options, warrants and restricted stock		(293)				(293)
Non-cash share-based compensation from continuing operations	$ 6	31,457				31,463
Non-cash share-based compensation from continuing operations (in shares)	61,464
Non-cash share-based compensation from discontinued operations		1,008				1,008
Restricted stock units vested	$ 105	(105)
Restricted stock units vested (in shares)	1,051,182
Acquisition of treasury stock					$ (52,764)	(52,764)
Acquisition of treasury stock (in shares)					(2,633,436)
Comprehensive income (loss):
Foreign currency translation				(907)		(907)
Unrealized gain (loss) on interest rate swap				84		84
Net earnings			6,703			6,703
Balances at Mar. 31, 2016	$ 13,039	1,082,220	598,501	8,590	$ (1,003,382)	698,968
Balances (in shares) at Mar. 31, 2016	130,390,106				(53,030,682)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances	$ 123	21,007			$ (5,421)	15,709
Employee stock awards, benefit plans and other issuances (in shares)	1,233,566				(236,870)
Tax impact of stock options, warrants and restricted stock		2,183				2,183
Non-cash stock-based compensation	$ 24	49,121				49,145
Non-cash stock-based compensation (in shares)	236,162
Restricted stock units vested	$ 102	(102)
Restricted stock units vested (in shares)	1,015,539
Acquisition of treasury stock					$ (30,542)	(30,542)
Acquisition of treasury stock (in shares)					(1,314,840)
Comprehensive income (loss):
Foreign currency translation				(706)		(706)
Unrealized gain (loss) on interest rate swap				115		115
Net earnings			4,108			4,108
Balances at Mar. 31, 2017	$ 13,288	$ 1,154,429	$ 602,609	$ 7,999	$ (1,039,345)	$ 738,980
Balances (in shares) at Mar. 31, 2017	132,875,373				(54,582,392)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net earnings (loss)	$ 4,108	$ 6,703	$ (11,031)
Earnings from discontinued operations, net of tax		(15,351)	(15,511)
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	82,690	85,463	80,447
Loss on disposal of assets	3,040	232	1,700
Impairment of goodwill and other assets		6,829
Deferred income taxes	(8,818)	(11,664)	(4,965)
Non-cash stock-based compensation expense	49,145	31,463	28,316
Changes in operating assets and liabilities:
Accounts receivable, net	(11,161)	(13,014)	3,744
Other assets	(172)	(13,632)	12,867
Accounts payable and other liabilities	4,302	25,529	(28,129)
Deferred revenue	(7,304)	11,084	(6,307)
Net cash provided by operating activities	115,830	113,642	61,131
Cash flows from investing activities:
Capitalized software development costs	(14,477)	(14,880)	(18,587)
Capital expenditures	(47,993)	(47,423)	(56,952)
Data acquisition costs	(881)	(1,553)	(1,871)
Proceeds from sales of assets	25,494
Equity investments	(1,000)
Cash paid in acquisitions, net of cash acquired	(137,383)	(5,386)	(265,672)
Net cash received from disposition	16,988
Net cash used in investing activities	(159,252)	(69,242)	(343,082)
Cash flows from financing activities:
Proceeds from debt	70,000
Payments of debt	(32,243)	(87,231)	(26,601)
Sale of common stock, net of stock acquired for withholding taxes	15,709	10,417	5,039
Excess tax benefits from stock-based compensation	2,852	3,551	4,645
Acquisition of treasury stock	(30,542)	(52,764)	(9,868)
Net cash provided by (used in) financing activities	25,776	(126,027)	(26,785)
Net cash used in continuing operations	(17,646)	(81,627)	(308,736)
Cash flows from discontinued operations:
Net cash provided by operating activities		6,323	43,853
Net cash provided by (used in) investing activities		124,506	(9,254)
Net cash used in financing activities		(206)	(1,820)
Net cash provided by discontinued operations		130,623	32,779
Net cash provided by (used in) continuing and discontinued operations	(17,646)	48,996	(275,957)
Effect of exchange rate changes on cash	(1,640)	(377)	(1,619)
Net change in cash and cash equivalents	(19,286)	48,619	(277,576)
Cash and cash equivalents at beginning of period	189,629	141,010	418,586
Cash and cash equivalents at end of period	170,343	189,629	141,010
Cash paid during the period for:
Interest	7,779	8,145	8,673
Income taxes, net of refunds	$ 6,866	6,100	(3,845)
Prepayment of debt		$ 55,000
Payments on capital leases and installment payment arrangements			$ 3,823

ORGANIZATION AND SUMMARY OF SIG

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	12 Months Ended
	Mar. 31, 2017
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	1. Description of Business - Acxiom is a global technology and enablement services company with a vision to transform data into value for everyone. Through a simple, open approach to connecting systems and data, we provide the data foundation for the world’s best marketers. By making it safe and easy to activate, validate, enhance, and unify data, we provide marketers with the ability to deliver relevant messages at scale and tie those messages back to actual results. Our products and services enable people-based marketing, allowing our clients to generate higher return on investment and drive better omni-channel customer experiences. Acxiom is a Delaware corporation founded in 1969 in Conway, Arkansas. Our common stock is listed on the NASDAQ Global Select Market under the symbol “ACXM.” We serve a global client base from locations in the United States, Europe, and the Asia-Pacific (“APAC”) region. Our client list includes many of the world’s largest and best known brands across most major industry verticals, including but not limited to financial, insurance and investment services, automotive, retail, telecommunications, high tech, healthcare, travel, entertainment, non-profit, and government. Basis of Presentation and Principles of Consolidation - The consolidated financial statements include the accounts of the Company and its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. We have prepared the accompanying consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”) as set forth in the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) and we consider the various staff accounting bulletins and other applicable guidance issued by the United States Securities and Exchange Commission. Use of Estimates - Management of the Company has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these consolidated financial statements in conformity with GAAP. Estimates are used in determining, among other items, the fair value of acquired assets and assumed liabilities, estimated selling price in certain revenue arrangements, projected cash flows associated with recoverability of assets, restructuring and impairment accruals, litigation and facilities lease loss accruals, amortization of software development costs, and the recognition and measurement of current and deferred income taxes, including the measurement of uncertain tax positions. Actual results could differ from those estimates. Discontinued Operations - Discontinued operations comprise those activities that have been disposed of during the period or which have been classified as held for sale at the end of the period, and represent a separate major line of business or geographical area that can be clearly distinguished for operational and financial reporting purposes. In fiscal 2016, the Company sold its IT Infrastructure Management business (“ITO”) and began reporting the results of operations, cash flows and the balance sheet amounts pertaining to ITO as a component of discontinued operations in the consolidated financial statements. In fiscal 2015, Acxiom identified its U.K. call center operation, 2Touch, as a component of the Company that is reported as discontinued operations because of its disposal. Refer to Note 4, Discontinued Operations, for more information. Unless otherwise indicated, information in the notes to the consolidated financial statements relates to continuing operations. Significant Accounting Policies Cash and Cash Equivalents - The Company considers all highly-liquid investments with original maturities of three months or less to be cash equivalents. Accounts Receivable - Accounts receivable includes amounts billed to customers as well as unbilled amounts recognized in accordance with the Company’s revenue recognition policies, as stated below. Unbilled amounts included in accounts receivable, which generally arise from the delivery of data and performance of services to customers in advance of billings, were $14.1 million at March 31, 2017 and $14.3 million March 31, 2016. Accounts receivable are presented net of allowance for doubtful accounts. The Company evaluates its allowance for doubtful accounts based on a combination of factors at each reporting date. Each account or group of accounts is evaluated based on specific information known to management regarding each customer’s ability or inability to pay, as well as historical experience for each customer or group of customers, the length of time the receivable has been outstanding, and current economic conditions in the customer’s industry. Accounts receivable that are determined to be uncollectible are charged against the allowance for doubtful accounts. Property and Equipment - Property and equipment are stated at cost. Depreciation and amortization are calculated on the straight-line method over the estimated useful lives of the assets as follows: buildings and improvements, up to 30 years; data processing equipment, 2 - 5 years, and office furniture and other equipment, 3 - 7 years. Property held under capitalized lease arrangements is included in property and equipment, and the associated liabilities are included in long-term debt. Amortization of property under capitalized leases is included in depreciation and amortization expense. Property and equipment taken out of service and held for sale is recorded at the lower of depreciated cost or net realizable value and depreciation is ceased. Leases - Rent expense on operating leases is recorded on a straight-line basis over the term of the lease agreement. Software, Purchased Software Licenses, and Research and Development Costs – Costs of internally developed software are capitalized in accordance with ASC 350-40, Internal Use Software . The standard generally requires that research and development costs incurred prior to the beginning of the application development stage of software products are charged to operations as such costs are incurred. Once the application development stage has begun, costs are capitalized until the software is available for general release. Costs of internally developed software are amortized on a straight-line basis over the remaining estimated economic life of the software product, generally two to five years (see Note 8 – Software Costs). Costs of purchased software licenses are amortized on a straight-line basis over the estimated economic life of the license, generally not to exceed five years (see Note 8 – Software Costs). Capitalized software, including both purchased and internally developed, is reviewed when facts and circumstances indicate the carrying amount may not be recoverable and, if necessary, the Company reduces the carrying value of each product to its fair value. Business Combinations – We apply the provisions of ASC 805, Business Combinations , in accounting for its acquisitions. It requires us to recognize separately from goodwill the assets acquired and the liabilities assumed at the acquisition date fair values. Goodwill as of the acquisition date is measured as the excess of consideration transferred over the net of the acquisition date fair values of the assets acquired and the liabilities assumed. While we use our best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date as well as any contingent consideration, where applicable, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, we record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired and liabilities assumed, whichever comes first, any subsequent adjustments are recorded to our consolidated statement of operations. Accounting for business combinations requires our management to make significant estimates and assumptions, especially at the acquisition date, including our estimates for intangible assets. Although we believe the assumptions and estimates we have made in the past have been reasonable and appropriate, they are based in part on historical experience and information obtained from the management of the acquired companies and are inherently uncertain. Examples of critical estimates in valuing certain of the intangible assets we have acquired include but are not limited to: · future expected cash flows from Connectivity sales; · expected costs to develop the in-process research and development into commercially viable products and estimated cash flows from the products when completed; · the acquired company’s brand and competitive position, as well as assumptions about the period of time the acquired brand will continue to be used in the combined company’s product portfolio; and · discount rates. Unanticipated events and circumstances may occur that may affect the accuracy or validity of such assumptions, estimates or actual results. In addition, uncertain tax positions and tax related valuation allowances in connection with a business combination are initially estimated as of the acquisition date. We reevaluate these items quarterly based upon facts and circumstances that existed as of the acquisition date with any judgments to our preliminary estimates being recorded to goodwill if identified within the measurement period. Subsequent to the measurement period or our final determination of the uncertain tax positions and tax related valuation allowances, whichever comes first, changes to these tax estimates will affect our provision for income taxes in our consolidated statement of operations and could have a material impact on our results of operations and financial position. Goodwill - Goodwill is measured and tested for impairment on an annual basis in the first quarter of the Company’s fiscal year in accordance with ASC 350, Intangibles—Goodwill and Other , or more frequently if indicators of impairment exist. Triggering events for interim impairment testing include indicators such as adverse industry or economic trends, restructuring actions, downward revisions to projections of financial performance, or a sustained decline in market capitalization. According to ASC 350, we can opt to perform a qualitative assessment to test a reporting unit’s goodwill for impairment or we can directly perform the two-step impairment test. Based on our qualitative assessment, if we determine that the fair value of a reporting unit is more likely than not (i.e., a likelihood of more than 50 percent) to be less than its carrying amount, the two-step impairment test prescribed by ASC 350 will be performed. The first step requires comparing the estimated fair value of a reporting unit to its net book value, including goodwill. A potential impairment exists if the estimated fair value of the reporting unit is lower than its net book value. The second step of the impairment test involves assigning the estimated fair value of the reporting unit to its identifiable assets, with any residual fair value being assigned to goodwill. If the carrying value of an individual indefinite-lived intangible asset (including goodwill) exceeds its estimated fair value, such asset is written down by an amount equal to the excess, and a corresponding amount is recorded as a charge to operations for the period in which the impairment test is completed. Completion of the Company’s annual impairment test during the first quarter of fiscal 2017 indicated no impairment of its goodwill balances. During the fourth quarter of fiscal 2016, a triggering event occurred which required the Company to test the recoverability of goodwill associated with its APAC Marketing Services and Audience Solutions reporting units. The triggering event was the Company’s decision to focus efforts in Australia exclusively on the Connectivity business; as a result, the Company plans to wind-down the Marketing Services and Audience Solutions operations in Australia. In addition to testing the recoverability of goodwill, the Company also tested certain other long-lived assets in these units for impairment. The results of the two-step test indicated complete impairment of the APAC Audience Solutions goodwill as well as impairment for certain other long-lived assets. The amount of impairment was $6.1 million, of which $5.4 million was goodwill and $0.7 million related to other long-lived assets, primarily property and equipment. The impairment test also indicated a reduced fair value for the APAC Marketing Services component, but the fair value was still in excess of the carrying value resulting in no impairment. During the third quarter of fiscal 2016, management determined that results for the APAC component were lower than had been projected in the previous goodwill test in part due to an economic slowdown in Asia. Management further determined that the failure of the APAC component to meet expectations, combined with the expectation that future projections would also be lowered, constituted a triggering event, requiring an interim goodwill impairment test. The impairment test indicated a reduced fair value, but the fair value was still in excess of the carrying value resulting in no impairment. During the second quarter of fiscal 2016, a triggering event occurred which required the Company to test the recoverability of goodwill associated with its Brazil Marketing Services and Audience Solutions reporting unit. The triggering event was the announced closure of the Company’s Brazil operation. In addition to testing the recoverability of goodwill, the Company also tested certain other long-lived assets in this unit for impairment. The results of the impairment testing indicated complete impairment of the goodwill as well as impairment for certain other long-lived assets. The amount of impairment was $0.7 million, of which $0.5 million was goodwill and $0.2 million related to other long-lived assets, primarily property and equipment. To estimate the fair value for each of the components, management uses an income approach based on a discounted cash flow model together with valuations based on an analysis of public company market multiples and a similar transactions analysis. The key assumptions used in the discounted cash flow valuation model include discount rates, growth rates, cash flow projections and terminal value rates. Discount rates, growth rates and cash flow projections are the most sensitive and susceptible to change as they require significant management judgment. Discount rates are determined by using a weighted average cost of capital (“WACC”). The WACC considers market and industry data as well as company-specific risk factors for each reporting unit in determining the appropriate discount rate to be used. The discount rate utilized for each reporting unit is indicative of the return an investor would expect to receive for investing in such a business. Management, considering industry and company-specific historical and projected data, develops growth rates and cash flow projections for each reporting unit. Terminal value rate determination follows common methodology of capturing the present value of perpetual cash flow estimates beyond the last projected period assuming a constant WACC and low long-term growth rates. The public company market multiple method is used to estimate values for each of the components by looking at market value multiples to revenue and EBITDA (earnings before interest, taxes, depreciation and amortization) for selected public companies that are believed to be representative of companies that marketplace participants would use to arrive at comparable multiples for the individual component being tested. These multiples are then used to develop an estimated value for each respective component. The similar transactions method compares multiples based on acquisition prices of other companies believed to be those that marketplace participants would use to compare to the individual component being tested. Those multiples are then used to develop an estimated value for that component. To arrive at an estimated value for each component, management uses a weighted-average approach to combine the results of each analysis. Management believes that using multiple valuation approaches and then weighting them appropriately is a technique that a marketplace participant would use. As a final test of the annual valuation results, the total of the values of the components is reconciled to the actual market value of Acxiom common stock as of the valuation date. Management believes this control premium is reasonable compared to historical control premiums observed in actual transactions. Management believes that the estimated valuations are reasonable and consistent with what other marketplace participants would use in valuing the Company’s components. However, management cannot give any assurance that these market values will not change in the future. For example, if discount rates demanded by the market increase, this could lead to reduced valuations under the income approach. If the Company’s projections are not achieved in the future, this could lead management to reassess their assumptions and lead to reduced valuations under the income approach. If the market price of the Company’s stock decreases, this could cause the Company to reassess the reasonableness of the implied control premium, which might cause management to assume a higher discount rate under the income approach which could lead to reduced valuations. If future similar transactions exhibit lower multiples than those observed in the past, this could lead to reduced valuations under the similar transactions approach. And finally, if there is a general decline in the stock market and particularly in those companies selected as comparable to the Company’s components, this could lead to reduced valuations under the public company market multiple approach. The Company’s next annual impairment test will be performed during the first quarter of fiscal 2018. The fair value of the Company’s components could deteriorate which could result in the need to record impairment charges in future periods. The Company continues to monitor potential triggering events including changes in the business climate in which it operates, attrition of key personnel, the volatility in the capital markets, the Company’s market capitalization compared to its book value, the Company’s recent operating performance, and the Company’s financial projections. The occurrence of one or more triggering events could require additional impairment testing, which could result in impairment charg es. Impairment of Long-lived Assets - Long-lived assets and certain identifiable intangibles are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company considers factors such as operating losses, declining outlooks, and business conditions when evaluating the necessity for an impairment analysis. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset group to the undiscounted cash flows expected to result from the use and eventual disposition of the asset group. If such assets are impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. During fiscal 2016, in conjunction with the goodwill impairment tests noted above, the Company also tested certain other long-lived assets in the affected units for impairment. The Company recorded impairment charges of $0.9 million related to other long-lived assets, primarily property and equipment. Data Acquisition Costs - The Company defers certain costs related to the acquisition or licensing of data for the Company’s proprietary databases which are used in providing data products and services. These costs are amortized over the useful life of the data, which is from two to seven years. To estimate the useful life of any acquired data, the Company considers several factors including 1) the type of data acquired, 2) whether the data becomes stale over time, 3) to what extent the data will be replaced by updated data over time, 4) whether the stale data continues to have value as historical data, 5) whether a license places restrictions on the use of the data, and 6) the term of the license. Deferred Revenue - Deferred revenue consists of amounts billed in excess of revenue recognized. Deferred revenues are subsequently recorded as revenue when earned in accordance with the Company’s revenue recognition policies. Revenue Recognition - The Company’s policy follows the guidance from ASC 605, Revenue Recognition . The Company provides marketing database services under long-term arrangements. These arrangements may require the Company to perform setup activities such as the design and build of a database, and may include other products and services purchased at the same time, or within proximity of one another (referred to as multiple element arrangements). Each element within a multiple element arrangement is accounted for as a separate unit of accounting provided the following criteria are met: the delivered products or services have value to the customer on a standalone basis; and for an arrangement that includes a general right of return relative to the delivered products or services, delivery or performance of the undelivered product or service is considered probable and is substantially controlled by us. We consider a deliverable to have standalone value if the product or service is sold separately by us or another vendor or could be resold by the customer. Further, our revenue arrangements generally do not include a general right of return related to the delivered products. Where the aforementioned criteria for a separate unit of accounting are not met, the deliverable is combined with the undelivered element(s) and treated as a single unit of accounting for purposes of allocation of the arrangement consideration and revenue recognition. For our multiple-element arrangements, we allocate revenue to each element based on a selling price hierarchy at the arrangement’s inception. The relative selling price for each unit of accounting in a multiple-element arrangement is established using vendor-specific objective evidence (VSOE), if available, third-party evidence (TPE), if available, or management’s best estimate of stand-alone selling price (BESP). In most cases, the Company has neither VSOE nor TPE and therefore uses BESP. The total arrangement consideration is allocated to each separate unit of accounting for each of the deliverables using the relative selling prices of each unit based on the aforementioned selling price hierarchy. We limit the amount of revenue recognized for delivered elements to an amount that is not contingent upon future delivery of additional products or services or meeting any specified performance conditions. The objective of BESP is to determine the price at which the Company would transact a sale if the product or service were sold on a stand-alone basis. Management’s BESP is determined by considering multiple factors including actual contractual selling prices when the item is sold on a stand-alone basis, as well as market conditions, competition, internal costs, profit objectives and pricing practices. As pricing and marketing strategies evolve, we may modify our pricing practices in the future, which could result in changes to BESP, or to the development of VSOE or TPE for individual products or services. As a result, future revenue recognition for multiple-element arrangements could differ from recognition in the current period. Our relative selling prices are analyzed on an annual basis or more frequently if we experience significant changes in selling prices. Revenues are recognized when: (1) persuasive evidence of an arrangement exists; (2) we deliver the products and services; (3) the sale price is fixed or determinable; and (4) collection is reasonably assured. Revenues that are not recognized at the time of sale because the foregoing conditions are not met are recognized when those conditions are subsequently met. Where applicable, we reduce revenue for certain incentive programs where we can sufficiently estimate the effects of these items. In some cases, the arrangements also contain provisions requiring customer acceptance of the setup activities prior to commencement of the ongoing services arrangement. Up-front fees billed during the setup phase for these arrangements are deferred and setup costs that are direct and incremental to the contract are capitalized. Revenue recognition does not begin until after customer acceptance in cases where contracts contain acceptance provisions. Once the setup phase is complete and customer acceptance occurs, the Company recognizes revenue and the related costs for each element as delivered. In situations where the arrangement does not require customer acceptance before the Company begins providing services, revenue is recognized for each element as delivered and no costs are deferred. The Company evaluates its marketing database arrangements to determine whether the arrangement contains a lease. If the arrangement is determined to contain a lease, applicable accounting standards require the Company to account for the lease component separately from the remaining components of the arrangement. In cases where marketing database arrangements are determined to include a lease, the lease is evaluated to determine whether it is a capital lease or operating lease and accounted for accordingly. These lease revenues are not significant to the Company’s consolidated financial statements. Sales of third-party software, hardware and certain other equipment are recognized when delivered. If such sales are part of a multiple-element arrangement, they are recognized as a separate element unless collection of the sales price is dependent upon delivery of other products or services. Additionally, the Company evaluates revenue from the sale of data, software, hardware and equipment in accordance with accounting standards to determine whether such revenue should be recognized on a gross or a net basis. All the factors in the accounting standards are considered with the primary factor being whether the Company is the primary obligor in the arrangement. “Out-of-pocket” expenses incurred by, and reimbursed to, the Company in connection with customer contracts are recorded as gross revenue. The Company also performs services on a project basis outside of, or in addition to, the scope of long-term arrangements. The Company recognizes revenue from these services as the services are performed. All taxes assessed on revenue-producing transactions described above are presented on a net basis, or excluded from revenues. Revenues from the licensing of data are recognized upon delivery of the data to the customer. Revenue from the licensing of data to the customer in circumstances where the license agreement contains a volume cap is recognized in proportion to the total records to be delivered under the arrangement. Revenue from the sale of data on a per-record basis is recognized as the records are delivered. Revenues from Connectivity services are primarily recorded as monthly recurring subscription fees, and to a lesser extent from data providers and certain digital publishers in the form of revenue-sharing agreements. Concentration of Credit Risk - Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of trade accounts, unbilled and notes receivable. The Company’s receivables are from a large number of customers. Accordingly, the Company’s credit risk is affected by general economic conditions. The Company maintains deposits in federally insured financial institutions more than federally insured limits. Management, however, believes the Company is not exposed to significant credit risk due to the financial position of the depository institutions in which those deposits are held. Income Taxes - The Company and its domestic subsidiaries file a consolidated federal income tax return. The Company’s foreign subsidiaries file separate income tax returns in the countries in which their operations are based. The Company makes estimates and judgments in determining the provision for income taxes for financial statement purposes. These estimates and judgments occur in the calculation of tax credits, benefits, and deductions, and in the calculation of certain tax assets and liabilities that arise from differences in the timing of recognition of revenue and expense for tax and financial statement purposes, as well as the interest and penalties related to uncertain tax positions. Significant changes in these estimates may result in an increase or decrease to the tax provision in a subsequent period. The Company assesses the likelihood that it will be able to recover its deferred tax assets. If recovery is not likely, the Company increases the provision for taxes by recording a valuation allowance against the deferred tax assets that it estimates will not ultimately be recoverable. The Company believes that the deferred tax assets recorded on the consolidated balance sheets will be ultimately recovered. However, should a change occur in the Company’s ability to recover its deferred tax assets, its tax provision would increase in the period in which the Company determined that the recovery was not likely. The calculation of tax liabilities involves dealing with uncertainties in the application of complex tax laws and regulations. The Company recognizes liabilities for uncertain tax positions based on a two-step process pursuant to ASC 740, Income Taxes . The first step is to evaluate the tax position for recognition by determining whether the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. If the Company determines that a tax position will more likely than not be sustained on audit, the second step requires the Company to estimate and measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. It is inherently difficult and subjective to estimate such amounts, as the Company must determine the probability of various possible outcomes. The Company re-evaluates these uncertain tax positions on a quarterly basis. This evaluation is based on factors such as changes in facts or circumstances, changes in tax law, new audit activity, and effectively settled issues. Determining whether an uncertain tax position is effectively settled requires judgment. Such a change in recognition or measurement would result in the recognition of a tax benefit or an additional charge to the tax provision. Foreign Currency Translation - The reporting currency of the Company is the U.S. dollar. The functional currency of our foreign operations generally is the applicable local currency for each foreign subsidiary. The balance sheets of the Company’s foreign subsidiaries are translated at period-end rates of exchange, and the statements of operations are translated at the weighted-average exchange rate for the period. Gains or losses resulting from translating foreign currency financial statements are included in accumulated other comprehensive income (loss) in the consolidated statements of stockholders’ equity and comprehensive income (loss). Advertising Expense - The Company expenses advertising costs as incurred. Advertising expense was approximately $9.3 million, $5.9 million and $5.0 million for the fiscal years ended March 31, 2017, 2016 and 2015, respectively. Advertising expense is included in operating expenses on the accompanying consolidated statements of operations. Guarantees - The Company accounts for the guarantees of indebtedness of others under applicable accounting standards which require a guarantor to recognize, at the inception of the guarantee, a liability for the fair value of the obligation undertaken in issuing the guarantee. A guarantor is also required to make additional disclosures in its financial state

RESTRUCTURING, IMPAIRMENT AND O

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:	12 Months Ended
	Mar. 31, 2017
RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:
RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:	2. The following table summarizes the restructuring activity included in gains, losses and other items, net in the consolidated statements of operations for the fiscal years ended March 31, 2017, 2016 and 2015 (dollars in thousands): Associate-related Lease reserves accruals Total March 31, 2014 $ 6,542 $ 1,513 $ 8,055 Restructuring charges and adjustments 13,284 6,500 19,784 Payments (12,615) (2,785) (15,400) March 31, 2015 $ 7,211 $ 5,228 $ 12,439 Restructuring charges and adjustments 8,630 3,002 11,632 Payments (12,986) (4,706) (17,692) March 31, 2016 $ 2,855 $ 3,524 $ 6,379 Restructuring charges and adjustments 3,755 2,985 6,740 Payments (4,210) (2,201) (6,411) March 31, 2017 $ 2,400 $ 4,308 $ 6,708 Restructuring Plans In fiscal 2017, the Company recorded a total of $8.9 million in restructuring charges and adjustments included in gains, losses and other items, net in the consolidated statement of operations. The expense included severance and other associate-related charges of $3.8 million, lease accruals and adjustments of $3.0 million, and leasehold improvement write offs of $2.1 million. The associate-related accruals of $3.8 million relate to the termination of associates in the United States and Europe and include a $1.3 million increase to the fiscal 2016 restructuring plans, primarily in Australia. Of the amount accrued for 2017, $1.2 million remained accrued as of March 31, 2017. These costs are expected to be paid out in fiscal 2018. The lease accruals and adjustments of $3.0 million result from the Company’s exit from certain leased office facilities. The Company intends to sublease the facilities to the extent possible. The liability will be satisfied over the remainder of the leased properties’ terms, which continue through November 2025. Actual sublease receipts may differ from the estimates originally made by the Company. Any future changes in the estimates or in the actual sublease income could require future adjustments to the liabilities, which would impact net earnings (loss) in the period the adjustment is recorded. Of the amount accrued for this facility in 2017, $3.0 million remained accrued as of March 31, 2017. In fiscal 2016, the Company recorded a total of $12.0 million in restructuring charges and adjustments included in gains, losses and other items, net in the consolidated statement of operations. The expense included severance and other associate-related charges of $8.6 million, lease termination charges and accruals of $3.0 million, and leasehold improvement write offs of $0.4 million. The associate-related accruals of $8.6 million relate to the termination of associates in the United States, Europe, Brazil and Australia. Of the amount accrued for 2016, $1.0 million remained accrued as of March 31, 2017. These costs are expected to be paid out in fiscal 2018. The lease termination charges and accruals of $3.0 million included a $1.4 million lease early-termination fee in France, a lease accrual of $0.2 million, and a $1.4 million increase to the fiscal 2015 lease restructuring plans. The fiscal 2016 lease early-termination fee and lease accrual were fully paid during fiscal 2016. In fiscal 2015, the Company recorded a total of $21.8 million in restructuring charges and adjustments included in gains, losses and other items, net in the consolidated statement of operations. The expense included severance and other associate-related charges of $13.3 million, lease accruals of $6.5 million, and the write-off of leasehold improvements of $2.0 million. The associate-related accruals of $13.3 million related to the termination of associates in the United States, Europe, Australia, and China and included an increase of $0.7 million to the fiscal 2014 restructuring plan. Of the amount accrued for 2015, $0.2 million remained accrued as of March 31, 2017. These costs are expected to be paid out in fiscal 2018. The lease accruals of $6.5 million result from the Company’s exit from certain leased office facilities. The Company intends to sublease the facilities to the extent possible. The liability will be satisfied over the remainder of the leased properties’ terms, which continue through November 2025. Actual sublease payments may differ from the estimates originally made by the Company. Any future changes in the estimates or in the actual sublease income could require future adjustments to the liabilities, which would impact net earnings (loss) in the period the adjustment is recorded. Of the remaining amount accrued for 2015, $1.3 million remained accrued as of March 31, 2017. Gains, Losses and Other Items Gains, losses and other items for each of the years presented are as follows (dollars in thousands): 2017 2016 2015 Restructuring plan charges and adjustments $ 6,740 $ 11,632 $ 19,784 Other restructuring charges 2,125 381 1,976 Write-off of accumulated foreign currency translation in Brazil 1,315 — — Gain on disposition of assets (2,986) — — Acquisition-related costs 1,365 — 820 Other (186) 119 20 $ 8,373 $ 12,132 $ 22,600

ACQUISITIONS_

ACQUISITIONS:	12 Months Ended
	Mar. 31, 2017
ACQUISITIONS:
ACQUISITIONS:	3. Arbor and Circulate The Company acquired all the outstanding shares of Arbor Technologies, Inc. (“Arbor”) and Circulate.com, Inc. (“Circulate”) on November 22, 2016 and November 29, 2016, respectively. Arbor and Circulate help publishers connect people-based data to the marketing ecosystem. Because of these acquisitions, Arbor and Circulate are now wholly-owned subsidiaries of the Company included in the Connectivity segment, and increase the scale of the Company’s omni-channel identity graph and network. The Company has included the financial results of Arbor and Circulate in the consolidated financial statements from the dates of acquisition. The consideration paid for the outstanding shares and vested stock options was approximately $137.4 million, net of cash acquired of approximately $9.5 million. The consideration paid for unvested stock options had an estimated fair value of $9.2 million. These options are not part of the purchase price and will be expensed as non-cash stock compensation over the applicable vesting periods. In connection with the Arbor acquisition, the Company agreed to pay $38.3 million to certain key employees (see “Consideration Holdback” in note 13). The consideration holdback is payable over 30 equal, monthly increments and is settleable in shares of Company common stock. The number of shares to be issued monthly will vary depending on the market price of the shares on the date of issuance and will be recorded as non-cash stock compensation expense as the shares are issued. The consideration holdback is not part of the purchase price as vesting is dependent on continued employment of the key employees. Following the closing of Arbor, the Company granted new awards of restricted stock units to select employees of Arbor to induce them to accept employment with the Company (the “Arbor Inducement Awards”). The Arbor Inducement Awards had a grant date fair value of $10.4 million, and will vest over three years with 34% of the total vesting on the first anniversary of the closing date and 8.25% vesting each three months thereafter, subject to the employee’s continued service through each vesting date. Following the closing of Circulate, the Company granted new awards of restricted stock units to select employees of Circulate to induce them to accept employment with the Company (the “Circulate Inducement Awards”). The Circulate Inducement Awards had a grant date fair value of $10.0 million. The Circulate Inducement Awards granted to certain key employees of Circulate will vest over two years with 50% of the total vesting on the first anniversary of the closing date and 12.5% vesting each three months thereafter, subject to the employee’s continued service through each vesting date and vesting acceleration upon a qualifying termination as set forth in the applicable employee’s offer letter with the Company. The Circulate Inducement Awards granted to all other Circulate employees will vest incrementally over four years with 25% of the total vesting on the first anniversary date of the closing, and 25% vesting each 12 months thereafter, subject to the employee’s continued service through each vesting date. On November 29, 2016, the Company delivered approximately $5.9 million of the cash consideration to an escrow agent according to the terms of the Circulate acquisition agreement. The escrow deposit is restricted as to withdrawal or use by the Company and is expected to be delivered to the sellers one year from the acquisition date. The principal escrow amount is owned by the Company until funds are delivered to the sellers. All interest and earnings on the principal escrow amount remain property of the Company. The escrow deposit is included in other current assets (note 5), with an offsetting liability included in other accrued expenses (note 6), in the consolidated balance sheet. The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of the acquisitions (dollars in thousands): Assets acquired: Cash $ 9,495 Trade accounts receivable 3,352 Goodwill 105,670 Intangible assets (Other assets) 40,800 Other current and noncurrent assets 278 Total assets acquired 159,595 Deferred income taxes (8,093) Accounts payable and accrued expenses (4,623) Net assets acquired 146,879 Less: Cash acquired (9,495) Net cash paid $ 137,384 The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill and is primarily attributed to expectations of development of future technology and products, development of future customer relationships, and the Arbor and Circulate assembled workforces. The Company allocated the goodwill to the reporting unit that was expected to benefit from the acquired goodwill. The goodwill balance is not deductible for U.S. income tax purposes. The Company recognized the assets and liabilities acquired based on estimates of their acquisition date fair values. The determination of the fair values of the acquired assets and liabilities assumed (and the related determination of the estimated lives of depreciable tangible and identifiable intangible assets) requires significant judgement. The Company believes that the information available at the date of acquisition provided a reasonable basis for estimating the fair values of the assets acquired and the liabilities assumed. The amounts allocated to intangible assets in the table above included publisher relationships, developed technology, customer relationships, and trade name. Intangible assets will be amortized on a straight-line basis over the estimated useful lives of 1 to 6 years. 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) Publisher relationships $ Developed technology 2 to 4 Customer relationships Trade name Total intangible assets $ The Company has omitted disclosures of revenue and net loss of the acquired companies from the acquisition dates of November 22, 2016 and November 29, 2016, respectively, to March 31, 2017 as the amounts are not material. During the year ended March 31, 2017, the Company incurred $1.4 million of acquisition costs related to the Arbor and Circulate acquisitions, which are included in gains, losses, and other items, net on the consolidated statement of operations (see Note 2 - Restructuring, Impairment and Other Charges). The unaudited pro forma financial information in the table below summarizes the combined results of operations for Acxiom, Arbor and Circulate for the purposes of unaudited pro forma financial information disclosure as if the companies were combined as of the beginning of fiscal 2016. The unaudited pro forma financial information for all periods presented included the business combination accounting effects resulting from these acquisitions, including amortization charges from acquired intangible assets (certain of which are preliminary), stock-based compensation charges for unvested restricted stock-based awards and stock options assumed, if any, and the related tax effects as though the aforementioned companies were combined as of the beginning of fiscal 2016. The unaudited pro forma financial information as presented below is for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisitions had taken place at the beginning of fiscal 2016. The unaudited pro forma financial information for the years ended March 31, 2017 and 2016, respectively, combined the historical results of Acxiom for the years ended March 31, 2017 and 2016 and the historical results of Arbor and Circulate for the years ended December 31, 2016 and 2015 (adjusted due to differences in reporting periods) and the effects of the pro forma adjustments listed above. The unaudited pro forma financial information was as follows (dollars in thousands, except per share data): 2017 2016 Revenues $ 887,495 $ 853,249 Net loss from continuing operations $ (17,025) $ (38,903) Basic and diluted loss per share from continuing operations $ (0.22) $ (0.30) Addressable Television Net Assets from Allant (“Allant”) On December 1, 2015, the Company acquired certain addressable television net assets from The Allant Group, Inc. The acquisition provides the Company additional consumer insight capabilities that enable clients to more effectively reach their television channel customer base and audiences. The Company paid approximately $5.4 million in cash. The Company has omitted pro forma disclosures related to this acquisition as the pro forma effect of this acquisition is not material. The results of operation for the acquisition are included in the Company’s consolidated results beginning December 1, 2015. The following table presents the purchase price allocation related to assets acquired and liabilities assumed (dollars in thousands): December 1, 2015 Assets acquired: Trade accounts receivable $ 499 Goodwill 1,377 Developed technology (Software) 2,700 Other intangible assets (Other assets, net) 1,400 Net assets acquired 5,976 Accounts payable (590) Net cash paid $ 5,386 The fair values assigned to tangible and identifiable intangible assets acquired and liabilities assumed were based on calculations and valuations using management’s estimates and assumptions and were based on the information that was available as of the date of acquisition. LiveRamp On July 1, 2014, the Company acquired all the outstanding shares of LiveRamp, Inc. (“LiveRamp”), a leading service provider for onboarding customer data into digital marketing applications. The Company acquired LiveRamp to, among other things, provide clients with solutions for bringing offline customer data online with better matching, more connectivity, and faster onboarding. The Company has included the financial results of LiveRamp in the consolidated financial statements from the date of acquisition. LiveRamp is included in the Connectivity segment. The acquisition date fair value of the consideration transferred for LiveRamp was approximately $272.7 million which consisted of the following (dollars in thousands): July 1, 2014 Cash, net of $12.0 million cash acquired $ 234,672 Restricted cash held in escrow 31,000 Fair value of stock options issued included in purchase price 6,978 Total fair value of consideration transferred $ 272,650 The fair value of the stock options issued by the Company was determined using a binomial lattice approach (see Note 13 – Stockholders’ Equity). The total fair value of the stock options issued was $30.5 million of which $7.0 million was allocated to the purchase consideration and $23.5 million was allocated to future services and will be expensed over the remaining service periods on a straight-line basis, net of any forfeitures. On the acquisition date, the Company delivered $31.0 million of cash to an escrow agent according to the terms of the purchase agreement. The cash was restricted as to withdrawal or use by the Company. The restricted cash was delivered to the LiveRamp sellers one year from the acquisition date, during fiscal 2016. The principal escrow amount was owned by the Company until funds were delivered to the LiveRamp sellers. All interest and earnings on the principal escrow amount remained property of the Company. The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of the date of the acquisition (dollars in thousands): July 1, 2014 Assets acquired: Cash $ Trade accounts receivable Deferred income tax assets Goodwill Developed technology (Software) Other intangible assets (Other assets, net) Other current and noncurrent assets Deferred income tax liabilities (18,945) Accounts payable, accrued expenses and deferred revenue (4,954) Net assets acquired Less: Cash acquired Net purchase price allocated $ Less: Fair value of stock options issued included in purchase price Net cash paid $ The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill and is primarily attributed to development of future technology and products related to the onboarding of customer data into digital marketing applications, development of future customer relationships, and LiveRamp’s assembled workforce. The fair values assigned to tangible and identifiable intangible assets acquired and liabilities assumed were based on calculations and valuations and on management’s estimates and assumptions and were based on the information that was available as of the date of the acquisition. Goodwill is not deductible for U.S. income tax purposes. The amounts allocated to other intangible assets in the table above included customer relationships and a trade name. Intangible assets will be amortized on a straight-line basis over the estimated useful lives of 2 to 6 years. 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 $ Customer relationships Trade name Total intangible assets subject to amortization $ The Company’s consolidated statements of operations for fiscal 2015 included revenue and net loss of $27.0 million and $16.5 million, respectively, attributable to LiveRamp since the acquisition.

DISCONTINUED OPERATIONS AND DIS

DISCONTINUED OPERATIONS AND DISPOSITIONS:	12 Months Ended
	Mar. 31, 2017
DISCONTINUED OPERATIONS AND DISPOSITIONS:
DISCONTINUED OPERATIONS AND DISPOSITIONS:	4. Disposition of Impact email business In August 2016, the Company completed the sale of its Impact email business to Zeta Interactive for total consideration of $22.0 million, including a $4.0 million subordinated promissory note receivable with interest accruing at a rate of 6% per annum (see Note 5 - Other Current and Noncurrent Assets). The note is payable on the 12-month anniversary of the closing date, and is included in other current assets in the consolidated balance sheet. The Company also entered into a separate multi-year contract to provide Zeta Interactive with Connectivity and Audience Solutions services. Prior to the disposition, the Impact email business was included in the Marketing Services segment results. The business did not meet the requirements of a discontinued business; therefore, all financial results are included in continuing operations. The Company recorded a gain on sale of $0.3 million, included in gains, losses and other items, net. The transaction also generated a $4.3 million income tax benefit. Revenue and income (loss) from operations from the disposed Impact email business are shown below (dollars in thousands): 2017 2016 2015 Revenues $ 20,375 $ 60,199 $ 64,634 Income (loss) from operations $ (157) $ 10,105 $ 18,659 IT Infrastructure Management business (“ITO”) On May 20, 2015, the Company announced it had entered into a definitive agreement to sell its ITO business to Charlesbank Capital Partners and M/C Partners. The sale was completed on July 31, 2015. Beginning in the first quarter of fiscal 2016, the Company began reporting the results of operations, cash flows, and the balance sheet amounts pertaining to ITO as a component of discontinued operations in the consolidated financial statements. Prior to the discontinued operations classification, the ITO business unit was included in the IT Infrastructure Management segment in the Company’s segment results. At the closing of the transaction, the Company received total consideration of $131.0 million ($140.0 million stated sales price less closing adjustments and transaction costs of $9.0 million). The Company may also receive up to a maximum of $50 million in contingent payments in future periods through 2020 subject to certain conditions. Due to the uncertainty of contingent payments, income will be recorded upon resolution of the contingency as a component of income from discontinued operations. In addition, the Company has the right to participate in distributions of the divested entity above a defined amount. The Company reported a gain of $9.3 million on the sale which is included in earnings from discontinued operations, net of tax. The Company also entered into an agreement to amend its credit agreement (see Note 10 – Long-Term Debt). The effectiveness of the amendments contained in the agreement were conditioned on, among other things, the closing of the ITO disposition. Once the ITO disposition was completed and the amendment became fully effective, certain financial covenants in the credit agreement were modified for the quarters ending on September 30, 2015, December 31, 2015 and March 31, 2016. Additionally, the Company is not entitled to declare or pay any dividends during this time and share repurchases will be limited to no more than $100 million depending on the Company’s leverage ratio. After March 31, 2016, the financial covenants and dividend and share repurchase limitations returned to the requirements in the credit agreement in effect prior to the amendment. In addition, the amendment revised certain definitions in the credit agreement to clarify the effect of acquisitions and dispositions on certain financial covenants. On July 31, 2015, the Company applied $55.0 million of proceeds from the sale to repay outstanding Company indebtedness to comply with the Company’s existing credit agreement (see Note 10 – Long-Term Debt). The Company allocated interest expense associated with the $55.0 million repayment of Company indebtedness to the ITO discontinued operating business. Allocated interest expense was $0.4 million and $1.3 million, respectively, for the fiscal years ended March 31, 2016 and 2015. We used the remaining proceeds from the sale to fund expansion of its common stock repurchase program and for general corporate purposes. Summary results of operations of ITO for the fiscal years ended March 31, 2016 and 2015, respectively, are segregated and included in earnings from discontinued operations, net of tax, in the consolidated statements of operations. The following table is a reconciliation of the major classes of line items constituting earnings from discontinued operations, net of tax (dollars in thousands): 2016 2015 Major classes of line items constituting earnings from discontinued operations, net of tax: Revenues $ 69,410 $ 215,148 Cost of revenue 50,837 167,524 Gross profit 18,573 47,624 Operating expenses: Sales and marketing 1,192 2,771 General and administrative 6,053 10,736 Gain on sale of discontinued operations (9,349) — Gains, losses and other items, net 367 2,037 Total operating expenses (1,737) 15,544 Earnings from discontinued operations 20,310 32,080 Interest expense (681) (2,378) Other, net (230) (334) Earnings from discontinued operations before income taxes 19,399 29,368 Income taxes 3,598 11,973 Earnings from discontinued operations, net of tax $ 15,801 $ 17,395 ITO was a provider of managed hosting and cloud infrastructure services, optimized for mid-tier enterprises. The Company entered into certain agreements with ITO in which support services, including data center co-location services, will be provided from the Company to ITO, and from ITO to the Company. Additionally, the Company entered into certain other agreements with ITO to provide or receive leased office space. The terms of these agreements range from several months to the longest of which continues through July 2020. The agreements generally provide cancellation provisions, without penalty, at various times throughout the term. Cash inflows and outflows related to the agreements are included in cash flows from operating activities in the consolidated statements of cash flows. Revenues and expenses related to the agreements are included in income (loss) from operations in the consolidated statements of operations. The related cash inflows and outflows and revenues and expenses for the periods reported are shown below (dollars in thousands): 2017 2016 Cash inflows $ 7,214 $ 4,728 Cash outflows $ 4,140 $ 4,165 Revenues $ 6,470 $ 4,650 Expenses $ 3,284 $ 4,617 U.K. call center operation On May 30, 2014, the Company substantially completed the sale of its U.K. call center operation, 2Touch, to Parseq Ltd., a European business process outsourcing service provider. Some assets of the 2Touch operation were subject to a second closing, which occurred in March 2015, resulting in the complete disposal of the operation. The 2Touch business qualified for treatment as discontinued operations during fiscal 2015. The results of operations, cash flows, and the balance sheet amounts pertaining to 2Touch have been classified as discontinued operations in the consolidated financial statements. Summary results of operations of the 2Touch business unit for the fiscal years ended March 31, 2016 and 2015, respectively, are segregated and included in earnings from discontinued operations, net of tax, in the consolidated statements of operations and consists of (dollars in thousands): 2016 2015 Revenues $ — $ 8,484 Earnings (loss) from discontinued operations before income taxes $ (450) $ 4 Loss on sale of discontinued operations before income taxes — (1,888) Loss from discontinued operations, net of tax $ (450) $ (1,884)

OTHER CURRENT AND NONCURRENT AS

OTHER CURRENT AND NONCURRENT ASSETS:	12 Months Ended
	Mar. 31, 2017
OTHER CURRENT AND NONCURRENT ASSETS:
OTHER CURRENT AND NONCURRENT ASSETS:	5. Other current assets consist of the following (dollars in thousands): March 31, March 31, 2017 2016 Prepaid expenses and other $ 25,714 $ 25,365 Escrow deposit (see Note 3 - Acquisitions) 5,880 — Note receivable (see Note 4 – Discontinued Operations and Dispositions) 4,000 — Assets of non-qualified retirement plan 12,716 12,532 Other current assets $ 48,310 $ 37,897 Other noncurrent assets consist of the following (dollars in thousands): March 31, March 31, 2017 2016 Acquired intangible assets, net $ 43,884 $ 19,203 Deferred data acquisition costs 1,116 1,644 Other miscellaneous noncurrent assets 6,443 4,468 Noncurrent assets $ 51,443 $ 25,315

OTHER ACCRUED EXPENSES_

OTHER ACCRUED EXPENSES:	12 Months Ended
	Mar. 31, 2017
OTHER ACCRUED EXPENSES:
OTHER ACCRUED EXPENSES	6. Other accrued expenses consist of the following (dollars in thousands): March 31, March 31, 2017 2016 Accrued purchase consideration (see Note 3 - Acquisitions) $ 5,880 $ — Other accrued expenses 53,981 48,254 Other accrued expenses $ 59,861 $ 48,254

GOODWILL AND INTANGIBLE ASSETS_

GOODWILL AND INTANGIBLE ASSETS:	12 Months Ended
	Mar. 31, 2017
GOODWILL AND INTANGIBLE ASSETS
GOODWILL AND INTANGIBLE ASSETS :	7. Goodwill by operating segment and activity for the years ended March 31, 2017 and 2016 was as follows (dollars in thousands). Marketing Services and Audience Marketing Audience Solutions Services Solutions Connectivity Total Balance at March 31, 2015 $ 497,362 $ — $ — $ — $ 497,362 Brazil Impairment (502) — — — (502) Reallocation of segments (496,860) 124,627 277,516 94,717 — Acquisition of Allant — — 1,377 — 1,377 APAC Audience Solutions Impairment — — (5,413) — (5,413) Change in foreign currency translation adjustment — (41) (50) 12 (79) Balance at March 31, 2016 $ — $ 124,586 $ 273,430 $ 94,729 $ 492,745 Acquisitions of Arbor and Circulate (see note 3) — — — 105,670 105,670 Impact email disposition (see note 4) — (5,684) — — (5,684) Allant purchase accounting adjustments — — 18 — 18 Change in foreign currency translation adjustment — (12) — (6) (18) Balance at March 31, 2017 $ — $ 118,890 $ 273,448 $ 200,393 $ 592,731 Year end balances in the table above are net of accumulated impairment losses of $120.1 million at March 31, 2017 and 2016, respectively. Goodwill by component included in each operating segment as of March 31, 2017 was: Marketing Audience Services Solutions Connectivity Total U.S. $ 110,910 $ 273,448 $ 196,833 $ 581,191 APAC 7,980 — 3,560 11,540 Balance at March 31, 2017 $ 118,890 $ 273,448 $ 200,393 $ 592,731 The amounts allocated to intangible assets from acquisitions include developed technology, customer relationships, trade names, and publisher relationships. Amortization lives for those intangibles range from two years to ten years. The following table shows the amortization activity of intangible assets (dollars in thousands): 2017 2016 2015 Developed technology, gross (Software) $ 52,150 $ 42,850 $ 42,524 Accumulated amortization (29,775) (17,950) (9,924) Net developed technology $ 22,375 $ 24,900 $ 32,600 Customer/Trade name, gross (Other assets, net) $ 43,164 $ 35,466 $ 34,166 Accumulated amortization (21,702) (16,263) (11,265) Net customer/trade name $ 21,462 $ 19,203 $ 22,901 Publisher relationship, gross (Other assets, net) $ 23,800 $ — $ — Accumulated amortization (1,378) — — Net publisher relationship $ 22,422 $ — $ — Total intangible assets, gross $ 119,114 $ 78,316 $ 76,690 Total accumulated amortization (52,855) (34,213) (21,189) Total intangible assets, net $ 66,259 $ 44,103 $ 55,501 Intangible assets by operating segment as of March 31, 2017 was (dollars in thousands): Marketing Audience Services Solutions Connectivity Total Developed technology — 1,500 20,875 22,375 Customer/Trade name 37 778 20,647 21,462 Publisher relationship — — 22,422 22,422 Balance at March 31, 2017 $ 37 $ 2,278 $ 63,944 $ 66,259 Total amortization expense related to intangible assets was $18.6 million, $15.5 million, and $11.4 million in fiscal 2017, 2016, and 2015, respectively. As of March 31, 2017, estimated future amortization expenses related to purchases and other intangible assets were as follows (dollars in thousands): Year ending March 31, 2018 $ 24,072 2019 15,213 2020 11,192 2021 7,254 2022 5,150 Thereafter 3,378 $ 66,259

SOFTWARE COSTS_

SOFTWARE COSTS:	12 Months Ended
	Mar. 31, 2017
SOFTWARE COSTS:
SOFTWARE COSTS:	8. The Company recorded amortization expense related to internally developed computer software of $27.5 million, $30.7 million, and $29.0 million for fiscal 2017, 2016 and 2015, respectively, including $11.8 million, $10.0 million, and $7.5 million, respectively, related to internally developed software acquired as part of the Arbor, Circulate, and LiveRamp acquisitions. Amortization expense in fiscal 2016 and fiscal 2015 also included $1.8 million and $4.3 million, respectively, of accelerated amortization expense resulting from adjusting the remaining estimated useful lives of certain capitalized software products which the Company no longer uses due to the LiveRamp acquisition. The Company recorded amortization expense related to purchased software licenses of $3.0 million, $3.8 million, and $5.0 million in fiscal 2017, 2016 and 2015, respectively.

PROPERTY AND EQUIPMENT_

PROPERTY AND EQUIPMENT:	12 Months Ended
	Mar. 31, 2017
PROPERTY AND EQUIPMENT:
PROPERTY AND EQUIPMENT:	9. Property and equipment, some of which has been pledged as collateral for long-term debt, is summarized as follows (dollars in thousands): March 31, March 31, 2017 2016 Land $ 5,398 $ 6,737 Buildings and improvements 189,666 222,868 Data processing equipment 249,131 261,101 Office furniture and other equipment 32,086 37,969 476,281 528,675 Less accumulated depreciation and amortization 320,307 345,632 $ 155,974 $ 183,043 Depreciation expense on property and equipment was $42.9 million, $40.6 million and $35.5 million for the fiscal years ended March 31, 2017, 2016 and 2015, respectively.

LONG-TERM DEBT_

LONG-TERM DEBT:	12 Months Ended
	Mar. 31, 2017
LONG-TERM DEBT:
LONG-TERM DEBT:	10. Long-term debt consists of the following (dollars in thousands): March 31, March 31, 2017 2016 Term loan credit agreement $ 155,000 $ 185,000 Revolving credit borrowings 70,000 — Other debt and long-term liabilities 5,612 7,856 Total long-term debt 230,612 192,856 Less current installments 39,819 32,243 Less deferred debt financing costs 1,552 2,716 Long-term debt, excluding current installments and deferred debt financing costs $ 189,241 $ 157,897 The Company’s amended and restated credit agreement provides for (1) term loans up to an aggregate principal amount of $300 million and (2) revolving credit facility borrowings consisting of revolving loans, letter of credit participations and swing-line loans up to an aggregate amount of $300 million. The term loan is payable in quarterly installments of $7.5 million through September 2017, followed by quarterly installments of $11.3 million through June 2018, with a final payment of $106.3 million due October 9, 2018. The revolving loan commitment expires October 9, 2018. In November 2016, the Company borrowed $70.0 million on its revolving credit facility and used the proceeds for the Arbor and Circulate acquisitions (see Note 3 - Acquisitions). The revolving credit borrowings are payable and due October 9, 2018. Term loan and revolving credit facility borrowings bear interest at LIBOR or at an alternative base rate plus a credit spread. At March 31, 2017, the LIBOR credit spread was 2.00%. The weighted-average interest rate on term loan borrowings at March 31, 2017 was 2.98%. The weighted-average interest rate on revolving credit borrowings at March 31, 2017 was 3.0%. There were no material outstanding letters of credit at March 31, 2017. The term loan and revolving credit borrowings allow for prepayments before maturity. The credit agreement is secured by the accounts receivable of Acxiom and its domestic subsidiaries, as well as by the outstanding stock of certain Acxiom subsidiaries. Under the terms of the term loan, the Company is required to maintain certain debt-to-cash flow and debt service coverage ratios, among other restrictions. At March 31, 2017, the Company was in compliance with these covenants and restrictions. In addition, if certain financial ratios and other conditions are not satisfied, the revolving credit facility limits the Company’s ability to pay dividends in excess of $30 million in any fiscal year (plus additional amounts in certain circumstances). On July 31, 2015, in conjunction with the ITO disposition, the Company used $55.0 million of proceeds to repay outstanding Company indebtedness as required by the Company’s existing credit agreement. The Company allocated interest expense associated with the $55.0 million repayment of Company indebtedness to the ITO discontinued operating business. Allocated interest expense was $0.4 million and $1.3 million for the fiscal years ended March 31, 2016 and 2015, respectively. The Company’s future obligations, excluding interest, under its long-term debt at March 31, 2017 are as follows (dollars in thousands): Year ending March 31, 2018 $ 39,819 2019 189,083 2020 1,362 2021 348 $ 230,612

ALLOWANCE FOR DOUBTFUL ACCOUNTS

ALLOWANCE FOR DOUBTFUL ACCOUNTS:	12 Months Ended
	Mar. 31, 2017
ALLOWANCE FOR DOUBTFUL ACCOUNTS:
ALLOWANCE FOR DOUBTFUL ACCOUNTS:	11. A summary of the activity of the allowance for doubtful accounts, returns and credits is as follows (dollars in thousands): Bad debts Balance at Additions written off, beginning charged to net of Balance at of costs and Other amounts end of period expenses changes recovered period 2015: Allowance for doubtful accounts, returns and credits $ 4,875 $ 731 $ (288) $ (895) $ 4,423 2016: Allowance for doubtful accounts, returns and credits $ 4,423 $ 3,673 $ 56 $ (890) $ 7,262 2017: Allowance for doubtful accounts, returns and credits $ 7,262 $ 1,859 $ (372) $ (2,643) $ 6,106 Other changes in the table above result primarily from the effects of exchange rates ($0.1 million) and disposition of the Impact email business ($0.3 million).

COMMITMENTS AND CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES:	12 Months Ended
	Mar. 31, 2017
COMMITMENTS AND CONTINGENCIES:
COMMITMENTS AND CONTINGENCIES:	12. Legal Matters The Company is involved in various claims and legal proceedings. Management routinely assesses the likelihood of adverse judgments or outcomes to these matters, as well as ranges of probable losses, to the extent losses are reasonably estimable. The Company records accruals for these matters to the extent that management concludes a loss is probable and the financial impact, should an adverse outcome occur, is reasonably estimable. These accruals are reflected in the Company’s consolidated financial statements. In management’s opinion, the Company has made appropriate and adequate accruals for these matters, and management believes the probability of a material loss beyond the amounts accrued to be remote. However, the ultimate liability for these matters is uncertain, and if accruals are not adequate, an adverse outcome could have a material effect on the Company’s consolidated financial condition or results of operations. The Company maintains insurance coverage above certain limits. There are currently no matters pending against the Company or its subsidiaries for which the potential exposure is considered material to the Company’s consolidated financial statements. Commitments The Company leases data processing equipment, office furniture and equipment, land and office space under noncancellable operating leases. The Company has a future commitment for lease payments over the next 23 years of $82.8 million. Total rental expense on operating leases was $15.9 million, $17.1 million, and $14.7 million for the fiscal years ended March 31, 2017, 2016 and 2015, respectively. Future minimum lease payments under all noncancellable operating leases for the five years ending March 31, 2022, are as follows: 2018, $18.7 million; 2019, $12.5 million; 2020, $12.0 million; 2021, $11.7 million; and 2022, $11.3 million. In connection with the Impact email disposition during fiscal 2017 (see Note 4 – Discontinued Operations and Dispositions), the Company assigned a facility lease to the buyer of the business. The Company guaranteed the facility lease as required by the asset disposition agreement. Should the assignee default, the Company would be required to perform under the terms of the facility lease, which runs through September 2021. At March 31, 2017, the Company’s maximum potential future rent payments under this guarantee totaled $2.7 million.

STOCKHOLDERS' EQUITY_

STOCKHOLDERS' EQUITY:	12 Months Ended
	Mar. 31, 2017
STOCKHOLDERS' EQUITY:
STOCKHOLDERS' EQUITY:	13. The Company has authorized 200 million shares of $0.10 par value common stock and 1 million shares of $1.00 par value preferred stock. The board of directors of the Company may designate the relative rights and preferences of the preferred stock when and if issued. Such rights and preferences could include liquidation preferences, redemption rights, voting rights and dividends, and the shares could be issued in multiple series with different rights and preferences. The Company currently has no plans for the issuance of any shares of preferred stock. At March 31, 2017, the Company had outstanding 4,942 warrants to purchase shares of its common stock. The outstanding warrants carry an exercise price of $13.24 and expire March 17, 2019. On August 29, 2011, the board of directors adopted a common stock repurchase program. That program was subsequently modified and expanded, most recently on July 28, 2016. Under the modified common stock repurchase program, the Company may purchase up to $400.0 million of its common stock through the period ending June 30, 2018. During the fiscal year ended March 31, 2017, the Company repurchased 1.3 million shares of its common stock for $30.5 million. During the fiscal year ended March 31, 2016, the Company repurchased 2.6 million shares of its common stock for $52.8 million. During the fiscal year ended March 31, 2015, the Company repurchased 0.5 million shares of its common stock for $9.9 million. Through March 31, 2017, the Company has repurchased 16.8 million shares of its stock for $285.7 million, leaving remaining capacity of $114.3 million under the stock repurchase program. The Company paid no dividends on its common stock for any of the years reported. Share-based Compensation Plans The Company has stock option and equity compensation plans for which a total of 30.0 million shares of the Company’s common stock have been reserved for issuance since the inception of the plans. These plans provide that the exercise prices of qualified options will be at or above the fair market value of the common stock at the time of the grant. Board policy requires that nonqualified options also be priced at or above the fair market value of the common stock at the time of grant. At March 31, 2017, there were a total of 2.7 million shares available for future grants under the plans. Stock Option Activity of Continuing Operations In fiscal 2017, as part of the Company’s acquisition of Arbor (see Note 3 - Acquisitions), the Company issued 285,339 replacement stock options having a per share weighted-average fair value and exercise price of $25.85 and $1.27, respectively, to Arbor employees who had outstanding unvested stock options to purchase Arbor stock. The fair value of the replacement options was determined using a customized binomial lattice model with the following assumptions: dividend yield of 0.0% since Acxiom is currently not paying dividends and there are no plans to pay dividends; risk-free interest rates from 2.24% to 2.32%, based on the rate of U.S. Treasury securities with a term equal to the remaining term of each option; remaining terms of each option from 8.6 to 9.9 years; expected volatility of 38%, based on both the historical volatility of Acxiom stock, as well as the implied volatility of traded Acxiom options; and a suboptimal exercise multiple of 1.4, based on actual historical exercise activity of Acxiom options. The number of shares and exercise price of each replacement option were determined by converting Arbor options into equivalent Acxiom options by multiplying the number of shares subject to Arbor options by the exchange ratio of .41998 and by dividing the exercise price for each Arbor option by the exchange ratio of .41998. Once the value of each replacement option was determined, the total fair value of $7.4 million, net of any forfeitures, will be expensed by the Company over the remaining vesting period of each option. Also in fiscal 2017, as part of the Company’s acquisition of Circulate, the Company issued 73,164 replacement stock options having a per share weighted-average fair value and exercise price of $24.80 and $2.30, respectively, to Circulate employees who had outstanding unvested stock options to purchase Circulate stock. The total fair value of $1.8 million, net of any forfeitures, will be expensed by the Company over the remaining vesting period of each option. In fiscal 2016, the Company granted 445,785 stock options, having a per-share weighted-average fair value of $6.48. This valuation was determined using a customized binomial lattice approach with the following weighted-average assumptions: dividend yield of 0.0% since Acxiom is currently not paying dividends and there are no plans to pay dividends; risk-free interest rate of 2.2%, based on the rate of U.S. Treasury securities with a term equal to the life of the options; expected option life of 4.5 years, an output of the lattice model; expected volatility of 40%, based on both the historical volatility of Acxiom stock, as well as the implied volatility of traded Acxiom options; and a suboptimal exercise multiple of 1.4, determined using actual historical exercise activity of Acxiom options. In fiscal 2015, the Company granted 415,639 stock options, exclusive of replacement options granted in connection with the LiveRamp acquisition. The per-share weighted-average fair value of the stock options granted during 2015 was $8.05. This valuation was determined using a customized binomial lattice approach with the following weighted-average assumptions: dividend yield of 0.0% since Acxiom is not currently paying dividends and there are no plans to pay dividends; risk-free interest rate of 2.5%, based on the rate of U.S. Treasury securities with a term equal to the life of the options; expected option life of 4.4 years, an output of the lattice model; expected volatility of 43%, based on both the historical volatility of Acxiom stock, as well as the implied volatility of traded Acxiom options; and a suboptimal exercise multiple of 1.4, determined using actual historical exercise activity of Acxiom options. In fiscal 2015, as part of the Company’s acquisition of LiveRamp, the Company issued 1,473,668 replacement stock options to LiveRamp employees who had outstanding unvested stock options to purchase LiveRamp stock. The fair value of the replacement options was determined using a customized binomial lattice model with the following assumptions: dividend yield of 0.0% since Acxiom is not currently paying dividends and there are no plans to pay dividends; risk-free interest rates of from 1.57% to 2.54%, based on the rate of U.S. Treasury securities with a term equal to the remaining term of each option; remaining terms of each option of from 6.1 to 9.7 years; expected volatility of 43%, based on both the historical volatility of Acxiom stock, as well as the implied volatility of traded Acxiom options; and a suboptimal exercise multiple of 1.4, based on actual historical exercise activity of Acxiom options. The number of shares of each replacement option and the exercise price of each replacement option was determined by converting LiveRamp options into equivalent Acxiom options by multiplying the number of shares subject to LiveRamp options by the exchange ratio of .63774 and by dividing the exercise price for each LiveRamp option by the exchange ratio of .63774. Once the value of each replacement option was determined, the percentage of that value which was attributed to employee service prior to the acquisition date was allocated to the purchase price of LiveRamp, and the remaining value will be expensed by the Company over the remaining vesting period of each option. The total included in the purchase price was $7.0 million and the total to be expensed in future periods was $23.5 million, net of any forfeitures. Stock option activity during the year ended March 31, 2017 was: Weighted-average Weighted-average remaining Aggregate Number of exercise price contractual term Intrinsic value shares per share (in years) (in thousands) Outstanding at March 31, 2016 3,604,102 $ Arbor and Circulate replacement stock options 358,503 $ 1.48 Exercised (855,797) $ 14.04 $ 9,751 Forfeited or cancelled (73,737) $ 13.17 Outstanding at March 31, 2017 3,033,071 $ 13.14 $ 46,574 Exercisable at March 31, 2017 2,128,023 $ 13.79 $ 31,303 The aggregate intrinsic value for options exercised in fiscal 2017, 2016, and 2015 was $9.8 million, $10.7 million, and $8.3 million, respectively. The aggregate intrinsic value at period end represents total pre-tax intrinsic value (the difference between Acxiom’s closing stock price on the last trading day of the period and the exercise price for each in-the-money option) that would have been received by the option holders had option holders exercised their options on March 31, 2017. This amount changes based upon changes in the fair market value of Acxiom’s stock. A summary of stock options outstanding and exercisable as of March 31, 2017 was: Options outstanding Options exercisable Range of Weighted-average Weighted-average Weighted-average exercise price Options remaining exercise price Options exercise price per share outstanding contractual life per share exercisable per share $ - $ 824,755 years $ 1.67 433,414 $ 1.70 $ - $ 1,475,505 years $ 15.15 1,166,348 $ 14.46 $ - $ 713,259 years $ 21.72 513,598 $ 21.93 $ - $ 19,552 years $ 32.85 14,663 $ 32.85 3,033,071 years $ 13.14 2,128,023 $ 13.79 Total expense related to stock options was approximately $6.9 million in fiscal 2017, $9.8 million in fiscal 2016, and $12.0 million in fiscal 2015. Of the fiscal 2017, 2016 and 2015 expense, $4.3 million, $6.7 million and $9.4 million, respectively, relates to LiveRamp replacement stock options. Of the fiscal 2017 expense, $0.9 million relates to Arbor and Circulate replacement stock options. Future expense for all options is expected to be approximately $11.6 million in total over the next four years. Performance Stock Option Unit Activity In fiscal 2017, the Company granted 633,604 performance-based stock option units with a fair value at the date of grant of $4.9 million, determined using a Monte Carlo simulation model. All the units granted in the current period vest and become exercisable in three equal tranches, each being subject to attainment of performance criteria and a subsequent service period established by the compensation committee of the board of directors (“compensation committee”). Each of the three tranches may vest in a number of stock options, from zero to 300% of the initial award, each having a weighted-average exercise price of $21.40, based on the attainment of certain revenue growth and operating margin targets for the years ending March 31, 2017, 2018, and 2019 respectively. Each tranche is subject to a service period following the respective performance periods, such that each tranche will cliff vest in two separate 50% increments over two years beginning with the compensation committee meeting that immediately follows the end of the respective performance period. Performance stock option unit activity during the year ended March 31, 2017 was: Weighted-average Weighted-average remaining Aggregate Number exercise price contractual term intrinsic value of shares per share (in years) (in thousands) Outstanding at March 31, 2016 — $ — Granted 633,604 $ 21.40 Forfeited or cancelled (78,481) $ 21.36 Outstanding at March 31, 2017 555,123 $ 21.41 $ 3,921 Exercisable at March 31, 2017 — $ — — $ — Of the performance stock option units outstanding at March 31, 2017, 185,042 will reach maturity of the relevant performance period at March 31, 2017. The units are expected to vest at an approximate 171% attainment level during the subsequent service period, resulting in issuance of approximately 316,422 stock options having a weighted average exercise price of $21.40. Total expense related to performance stock option units in fiscal 2017 was $1.3 million. Future expense for these performance stock option units is expected to be approximately $3.9 million over the next four years. Stock Appreciation Right (“SAR”) Activity During fiscal 2015, the Company granted 245,404 performance-based SARs with a fair value at the date of grant of $0.5 million and having an exercise price of $40. All of the performance-based SARs granted in fiscal 2015 vest subject to attainment of performance criteria established by the compensation committee. The units granted in fiscal 2015 may vest in a number of SARs up to 100% of the award, based on the attainment of certain revenue targets for the period from April 1, 2014 to March 31, 2017. At vesting in fiscal 2018, the SARs will be automatically exercised, and the award recipient may receive a number of common stock shares equal to the number of SARs that are being exercised multiplied by the quotient of (a) the final Company stock market value (up to a maximum share value of $70) minus the SAR exercise price, divided by (b) the fair market value of a share of stock at the exercise date. The grant date value of the performance-based SARs was determined using a Monte Carlo simulation model. SAR activity during the year ended March 31, 2017 was: Weighted-average Weighted-average remaining Aggregate Number exercise price contractual term intrinsic value of shares per share (in years) (in thousands) Outstanding at March 31, 2016 245,404 $ 40.00 Outstanding at March 31, 2017 245,404 $ 40.00 — $ — Exercisable at March 31, 2017 — $ — — $ — All of the SAR units outstanding will reach maturity of the relevant performance period at March 31, 2017. The units are expected to achieve the 100% performance attainment level. However, application of the vesting multiplier, together with the applicable $40 exercise price, is expected to result in zero shares granted. Total expense related to SARs in fiscal 2017, 2016 and 2015 was approximately $0.2 million in each period. There is no expected future expense related to these awards. Restricted Stock Unit Activity Non-vested time-vesting restricted stock units activity during the year ended March 31, 2017 was: Weighted-average Weighted-average fair value per remaining Number share at grant contractual of shares date term (in years) Outstanding at March 31, 2016 2,279,895 $ 19.69 Granted 2,309,183 $ 24.01 Vested (1,013,186) $ 20.04 Forfeited or cancelled (268,315) $ 20.02 Outstanding at March 31, 2017 3,307,577 $ 22.57 During fiscal 2017, the Company granted time-vesting restricted stock units covering 2,309,183 shares of common stock with a fair value at the date of grant of $55.4 million, of which units covering 768,710 shares, with a fair value at grant date of $20.4 million, were granted to former Arbor and Circulate employees subsequent to the acquisitions (see Note 3 - Acquisitions). Of the restricted stock units granted in the current period, 1,454,340 vest in equal annual increments over four years, 398,079 partially cliff vest at the one-year anniversary and then over equal quarterly increments during the subsequent two years, 408,534 partially cliff vest at the one-year anniversary and then over equal quarterly increments during the subsequent year, and 48,230 vest in one year. During fiscal 2016, the Company granted time-vesting restricted stock units covering 1,427,561 shares of common stock with a fair value at the date of grant of $27.0 million. Of the restricted stock units granted in the current period, 1,041,572 vest in equal annual increments over four years, 70,799 vest in equal annual increments over two years, 72,650 vest in one year, and 242,540 vest in equal quarterly increments starting 15 months after the date of grant. During fiscal 2015, the Company granted time-vesting restricted stock units covering 1,770,303 shares of common stock with a fair value at the date of grant of $37.6 million, of which units covering 1,075,392 shares, with a fair value at date of grant of $23.7 million, were granted to former LiveRamp employees subsequent to the acquisition of LiveRamp (see Note 3 - Acquisitions). Of the restricted stock units granted in fiscal 2015, 773,735 vest in equal annual increments over four years, 927,052 vest in equal annual increments over two years, and 69,516 vest in one year. Valuation of time-vesting restricted stock units for all periods presented is equal to the quoted market price for the shares on the date of grant. The total fair value of time-vesting restricted stock units vested in fiscal 2017, 2016, and 2015 was $23.1 million, $17.6 million, and $8.4 million, respectively and is measured as the quoted market price of the Company’s common stock on the vesting date for the number of shares vested. Non-vested performance-based restricted stock units activity during the year ended March 31, 2017 was: Weighted-average Weighted-average fair value per remaining Number share at contractual of shares grant date term (in years) Outstanding at March 31, 2016 516,818 $ 18.62 Granted 263,835 $ Forfeited or cancelled (47,942) $ Outstanding at March 31, 2017 732,711 $ During fiscal 2017, the Company granted performance-based restricted stock units covering 263,835 shares of common stock with a fair value at the date of grant of $6.6 million, determined using a Monte Carlo simulation model. Of the performance-based restricted stock units granted in fiscal 2017, 9,416 units represent award modifications that included 14,349 corresponding cancelled units. The remaining 254,419 performance-based restricted stock units, having a fair value at the date of grant of $6.3 million, vest subject to attainment of performance criteria established by the compensation committee. Those units may vest in a number of shares from zero to 200% of the award, based on the total shareholder return of Acxiom common stock compared to total shareholder return of a group of peer companies (“TSR”) established by the compensation committee of the board of directors for the period from April 1, 2016 to March 31, 2019. During fiscal 2016, the Company granted performance-based restricted stock units covering 367,807 shares of common stock with a fair value at the date of grant of $6.8 million. All the performance-based restricted stock units granted in fiscal 2016 vest subject to attainment of performance criteria established by the compensation committee. The units granted in the current period may vest in a number of shares from zero to 200% of the award, based on the attainment of an earnings-per-share target for fiscal 2018, with a modifier based on the total shareholder return of Acxiom common stock compared to total shareholder return of a group of peer companies established by the compensation committee for the period from April 1, 2015 to March 31, 2018. The value of the performance-based restricted stock units is determined using a Monte Carlo simulation model. During fiscal 2015, the Company granted performance-based restricted stock units covering 263,609 shares of common stock with a fair value at the date of grant of $5.0 million. All the performance-based restricted stock units granted in fiscal 2015 vest subject to attainment of performance criteria established by the compensation committee. The units granted in fiscal 2015 may vest in a number of shares from zero to 200% of the award, based on the attainment of an earnings-per-share target for fiscal 2017, with a modifier based on the total shareholder return of Acxiom stock compared to total shareholder return of a group of peer companies established by the compensation committee for the period from April 1, 2014 to March 31, 2017. The value of the performance units is determined using a Monte Carlo simulation model. There were no performance-based restricted stock units vested in fiscal 2017 and 2016. During fiscal 2015, 517,565 performance-based restricted stock units vested. Of the units vested, 109,273 vested due to attainment of performance and shareholder return targets established by the compensation committee in fiscal 2012. The remaining 408,292 units represent inducement awards granted to certain of the Company’s chief executive officers. Of the performance-based restricted stock units outstanding at March 31, 2017, 157,985 will reach maturity of the relevant performance period at March 31, 2017. The units are expected to vest at an approximate 200% performance attainment level that is modified by an expected 80% TSR multiplier, resulting in issuance of approximately 252,776 shares of common stock. Of the performance-based restricted stock units outstanding at March 31, 2017, 278,378 will reach maturity of the relevant performance period at March 31, 2018. The units are expected to vest at an approximate 200% attainment level, resulting in issuance of approximately 556,756 shares of common stock before consideration of the TSR multiplier. The expense related to restricted stock in fiscal 2017, 2016, and 2015 was $33.3 million, $19.4 million, and $15.2 million, respectively. Future expense for restricted stock units is expected to be approximately $19.9 million in fiscal 2017, $11.7 million in fiscal 2018, $5.4 million in fiscal 2019 and $1.4 million in fiscal 2020. Other Performance Unit Activity During fiscal 2016, the Company granted 323,080 performance-based units with a fair value at the date of grant of $0.9 million. All the performance-based units granted vest subject to attainment of performance criteria established by the compensation committee. The units granted may vest in a number of units up to 100% of the award, based on the attainment of certain Company common stock share price targets for the period from July 1, 2015 to June 30, 2017. At vesting, the award recipient may receive a number of common stock shares equal to the number of units vested multiplied by a share price factor. The share price factor modifies the final number of common shares awarded based on the Company’s stock price on the date of vesting and ranges from 0% at a $25 Company stock price, or below, to 100% at a $55 Company stock price. The grant date fair value of the performance-based units is determined using a Monte Carlo simulation model. During fiscal 2015, the Company granted 312,575 performance-based units with a fair value at the date of grant of $1.6 million. All the other performance-based units granted in fiscal 2015 vest subject to attainment of performance criteria established by the compensation committee. Of the units granted in fiscal 2015, 201,464 may vest in a number of units up to 100% of the award, based on the attainment of certain revenue targets for the period from April 1, 2014 to March 31, 2017. At vesting, the award recipient may receive a number of common stock shares equal to the number of units vested multiplied by a share price factor. The share price factor modifies the final number of common shares awarded based on the Company’s stock price on the date of vesting and ranges from 0% at a $40 Company stock price, or below, to 100% at a $70 Company stock price. The units also contain an accelerated exercise provision if the closing market price of the Company’s stock exceeds the $70 maximum share value for 20 consecutive trading days during the performance period. The grant date value of the performance-based units is determined using a Monte Carlo simulation model. The remaining 111,111 units granted in fiscal 2015 may vest in a number of units up to 100% of the award, based on the attainment of certain revenue targets for the period from April 1, 2015 to March 31, 2018. At vesting, the award recipient may receive a number of common stock shares equal to the number of units vested multiplied by a share price factor. The share price factor modifies the final number of common shares awarded based on the Company’s stock price on the date of vesting and ranges from 0% at a $25 Company stock price, or below, to 100% at a $45 Company stock price. The units also contain an accelerated exercise provision if the closing market price of the Company’s stock exceeds the $45 maximum share value for 20 consecutive trading days during the performance period. The grant date value of the performance-based units is determined using a Monte Carlo simulation model. Other performance unit activity during the year ended March 31, 2017 was: Weighted average Weighted-average fair value per remaining Number share at contractual of shares grant date term (in years) Outstanding at March 31, 2016 635,655 $ 4.07 1.30 Forfeited or cancelled (38,462) $ Outstanding at March 31, 2017 597,193 $ 4.14 0.30 Of the other performance-based stock units outstanding at March 31, 2017, 201,464 will reach maturity of the relevant performance period at March 31, 2017. The units are expected to have an approximate 100% performance attainment level. However, application of the share price factor is expected to result in 0% shares vesting. Of the other performance-based stock units outstanding at March 31, 2017, 284,618 will reach maturity of the relevant performance period at June 30, 2017. The units are expected to have an approximate 24% performance attainment level, resulting in issuance of approximately 68,308 shares of common stock. The expense related to other performance units in fiscal 2017, 2016 and 2015 was $1.0 million, $0.9 and $0.3 million, respectively. Future expense for these performance units is expected to be approximately $0.3 million over the next fiscal year. Consideration Holdback As part of the Company’s acquisition of Arbor, $38.3 million of the acquisition consideration otherwise payable with respect to shares of restricted Arbor common stock held by certain key employees was subject to holdback by the Company pursuant to agreements with those employees (each, a “Holdback Agreement”). The consideration holdback will vest in 30 equal, monthly increments following the date of close, subject to the Arbor key employees’ continued employment through each monthly vesting date. At each vesting date, 1/30th of the $38.3 million holdback consideration will vest and be settled in shares of Company common stock. The number of shares will be based on the then current market price of the Company common stock. Total expense in fiscal 2017 related to the Holdback Agreement was approximately $5.1 million. Qualified Employee Stock Purchase Plan In addition to the share-based plans, the Company maintains a qualified employee stock purchase plan (“ESPP”) that permits substantially all employees to purchase shares of common stock at a discount from the market price. At March 31, 2017, there were approximately 0.7 million shares available for issuance under the ESPP. During the combined fiscal years of 2017, 2016, and 2015, 201,678 shares were purchased under the plan. The total expense to the Company, representing the discount to the market price, for fiscal 2017, 2016 and 2015 was approximately $0.4 million, $0.2 million and $0.1 million, respectively. Accumulated Other Comprehensive Income The accumulated balances for each component of other comprehensive income was (dollars in thousands): March 31, March 31, 2017 2016 Foreign currency translation $ 7,999 $ 8,705 Unrealized gain (loss) on interest rate swap — (115) $ 7,999 $ 8,590

INCOME TAXES_

INCOME TAXES:	12 Months Ended
	Mar. 31, 2017
INCOME TAXES:
INCOME TAXES:	14. Total income tax expense (benefit) was allocated as follows (dollars in thousands): 2017 2016 2015 Earnings (loss) from continuing operations $ 4,534 $ (11,632) $ (14,805) Earnings from discontinued operations — 3,598 11,973 Stockholders’ equity: Tax shortfall (excess tax benefits) from share-based compensation (2,183) 293 (4,645) $ 2,351 $ (7,741) $ (7,477) Income tax expense (benefit) attributable to earnings (loss) from continuing operations consists of (dollars in thousands): 2017 2016 2015 Current: U.S. Federal $ 9,778 $ (2,410) $ (7,744) Non-U.S. 472 535 164 State 3,102 1,907 (2,260) 13,352 32 (9,840) Deferred: U.S. Federal (3,680) (3,789) (1,064) Non-U.S. 405 (3,220) 326 State (5,543) (4,655) (4,227) (8,818) (11,664) (4,965) Total $ 4,534 $ (11,632) $ (14,805) Earnings (loss) before income tax attributable to U.S. and non-U.S. continuing operations consists of (dollars in thousands): 2017 2016 2015 U.S. $ 7,936 $ (6,952) $ (24,459) Non-U.S. 706 (13,328) (16,888) Total $ 8,642 $ (20,280) $ (41,347) Earnings (loss) before income taxes, as shown above, are based on the location of the entity to which such earnings (loss) are attributable. However, since such earnings (loss) may be subject to taxation in more than one country, the income tax provision shown above as U.S. or non-U.S. may not correspond to the earnings (loss) shown above. Below is a reconciliation of expected income tax benefit computed using the U.S. federal statutory income tax rate of 35% of earnings (loss) before income taxes to actual income tax expense (benefit) from continuing operations (dollars in thousands): 2017 2016 2015 Computed expected income tax (benefit) $ 3,025 $ (7,098) $ (14,472) Increase (reduction) in income taxes resulting from: State income taxes, net of federal benefit (1,586) (1,796) (441) Research and other tax credits (2,285) (4,027) (6,369) Nondeductible expenses 1,156 661 590 Acxiom Impact disposition (4,502) — — Share-based compensation 3,308 1,857 2,276 Non-U.S. subsidiaries taxed at other than 35% 614 2,468 4,354 Adjustment to valuation allowances 2,896 (3,585) (776) Acquisitions costs 478 — 217 Foreign income inclusion 473 — — Other, net 957 (112) (184) $ 4,534 $ (11,632) $ (14,805) In fiscal 2017, the Company incurred a tax loss on the Acxiom Impact disposition, resulting in a capital loss carryforward. Based on management’s assessment of realizability, a valuation allowance was established against the related deferred tax asset. The state income tax benefit resulting from the Acxiom Impact disposition, net of related valuation allowances, is reflected above in State income taxes, net of federal benefit. Due to changes in management’s assessment of the realizability of deferred tax assets in certain foreign jurisdictions, the Company released $3.6 million in valuation allowances in fiscal 2016. The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities at March 31, 2017 and 2016 are presented below (dollars in thousands). In accordance with income tax accounting standards, as of March 31, 2017, the Company has not recognized deferred income taxes on approximately $15.3 million of undistributed earnings of foreign subsidiaries that are indefinitely reinvested outside the respective parent’s country. Calculation of the deferred income tax related to these earnings is not practicable. 2017 2016 Deferred tax assets: Accrued expenses $ 9,517 $ 11,525 Deferred revenue 534 1,612 Net operating loss and tax credit carryforwards 60,817 57,370 Share-based compensation 19,854 12,706 Capital loss carryforward 3,414 — Other 2,691 5,242 Total deferred tax assets 96,827 88,455 Less valuation allowance (47,074) (46,602) Net deferred tax assets 49,753 41,853 Deferred tax liabilities: Intangible assets $ (77,785) $ (65,084) Capitalized software costs (11,582) (14,143) Property and equipment (8,499) (9,705) Total deferred tax liabilities (97,866) (88,932) Net deferred tax liabilities $ (48,113) $ (47,079) At March 31, 2017, the Company has net operating loss carryforwards of approximately $16.8 million and $69.8 million for U.S. federal and state income tax purposes, respectively. These net operating loss carryforwards expire in various amounts and will completely expire if not used by 2037. The Company has a capital loss carryforward of $8.4 million, which will expire if not used by 2022. The Company has foreign net operating loss carryforwards of approximately $129.5 million. Of this amount, $129.2 million do not have expiration dates. The remainder expires in various amounts and will completely expire if not used by 2026. The Company has federal and state credit carryforwards of $0.7 million and $20.1 million, respectively, of which $0.7 million and $2.7 million, respectively, will be credited to additional paid-in capital if and when realized. Of the credit carryforwards, $5.9 million will not expire. The remainder expires in various amounts and will completely expire if not used by 2037. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income of the proper character during the periods in which those temporary differences become deductible. Based upon the Company’s history of profitability and taxable income and the reversal of taxable temporary differences in the U.S., management believes that apart from the U.S. federal capital loss carryforward and various carryforwards in certain states it is more likely than not the Company will realize the benefits of these deductible differences. The Company has established valuation allowances against $2.9 million of deferred tax assets related to the U.S. federal capital loss carryforward and $4.1 million of deferred tax assets related to loss and credit carryforwards in the states where activity does not support the deferred tax asset. Based upon the Company’s history of losses in certain non-U.S. jurisdictions, the Company has not recorded a benefit for current foreign losses in these jurisdictions. In addition, Management believes it is not more likely than not the Company will realize the benefits of certain foreign loss carryforwards and has established valuation allowances in the amount of $40.1 million against deferred tax assets in such jurisdictions. No valuation allowance has been established against deferred tax assets in non-U.S. jurisdictions in which historical profits and forecasted continuing profits exist. The earnings of subsidiaries in such jurisdictions and the differences in income taxes computed using the U.S. statutory tax rate and the effective tax rate in such jurisdictions are not significant. The following table sets forth changes in the total gross unrecognized tax benefits for the fiscal years ended March 31, 2017, 2016 and 2015 (dollars in thousands): 2017 2016 2015 Balance at beginning of period $ 10,906 $ 9,711 $ 2,457 Increases related to prior year tax positions 307 1,717 292 Decreases related to prior year tax positions (466) (1,227) (83) Increases related to current year tax positions 2,123 2,035 4,339 Increases resulting from acquisitions — — 2,887 Settlements with taxing authorities — (1,330) — Lapse of statute of limitations — — (181) Balance at end of period $ 12,870 $ 10,906 $ 9,711 The total amount of gross unrecognized tax benefits as of March 31, 2017 was $12.9 million, of which up to $10.4 million would reduce the Company’s effective tax rate in future periods if and when realized. The Company reports accrued interest and penalties related to unrecognized tax benefits in income tax expense. The combined amount of accrued interest and penalties related to tax positions on tax returns was approximately $0.5 million as of March 31, 2017. There was no material change in accrued interest and penalties during fiscal year 2017. The Company does not anticipate any reduction of unrecognized tax benefits within the next 12 months. The Company files a consolidated U.S. federal income tax return and tax returns in various state and local jurisdictions. The Company’s subsidiaries also file tax returns in various foreign jurisdictions in which they operate. In the U.S., the statute of limitations for Internal Revenue Service examinations remains open for the Company’s federal income tax returns for fiscal years after 2013. The status of state and local and foreign tax examinations varies by jurisdiction. The Company does not anticipate any material adjustments to its financial statements resulting from tax examinations currently in progress.

RETIREMENT PLANS_

RETIREMENT PLANS:	12 Months Ended
	Mar. 31, 2017
RETIREMENT PLANS:
RETIREMENT PLANS:	15. The Company has a qualified 401(k) retirement savings plan which covers substantially all U.S. employees. The Company also offers a supplemental nonqualified deferred compensation plan (“SNQDC Plan”) for certain highly-compensated employees. The Company matches 50% of the first 6% of employee’s annual aggregate contributions. The Company may also contribute additional amounts to the plans at the discretion of the board of directors. Company contributions for the above plans amounted to approximately $6.5 million, $6.1 million, and $5.3 million fiscal years 2017, 2016, and 2015, respectively. Included in both other current assets and other accrued liabilities are the assets and liabilities of the SNQDC Plan in the amount of $12.7 million and $12.5 million at March 31, 2017 and 2016, respectively. The Company has one small defined benefit pension plan covering certain employees in Germany. Both the projected benefit obligation and accumulated benefit obligation were $0.4 million as of March 31, 2017 and 2016, respectively. There were no plan assets as of either March 31, 2017 or March 31, 2016, resulting in an excess of benefit obligations over plan assets of $0.4 million at March 31, 2017 and 2016, respectively.

FOREIGN OPERATIONS_

FOREIGN OPERATIONS:	12 Months Ended
	Mar. 31, 2017
FOREIGN OPERATIONS:
FOREIGN OPERATIONS:	16. The Company attributes revenue to each geographic region based on the location of the Company’s operations. The following table shows financial information by geographic area for the years 2017, 2016 and 2015 (dollars in thousands): Revenue 2017 2016 2015 United States $ 807,387 $ 770,043 $ 709,133 Foreign Europe $ 55,427 $ 52,562 $ 59,958 APAC 17,433 25,138 32,658 Other — 2,345 3,162 All Foreign $ 72,860 $ 80,045 $ 95,778 $ 880,247 $ 850,088 $ 804,911 Long-lived assets excluding financial instruments (dollars in thousands) March 31, 2017 2016 United States $ 843,127 $ 748,123 Foreign Europe $ 9,096 $ 11,899 APAC 13,796 13,817 All Foreign $ 22,892 $ 25,716 $ 866,019 $ 773,839

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS:	12 Months Ended
	Mar. 31, 2017
FAIR VALUE OF FINANCIAL INSTRUMENTS:
FAIR VALUE OF FINANCIAL INSTRUMENTS:	17. The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value. Cash and cash equivalents, trade receivables, unbilled and notes receivable, short-term borrowings and trade payables - The carrying amount approximates fair value because of the short maturity of these instruments. Long-term debt - The interest rate on the term loan and revolving credit agreement is adjusted for changes in market rates and therefore the carrying value of these loans approximates fair value. The estimated fair value of other long-term debt was determined based upon the present value of the expected cash flows considering expected maturities and using interest rates currently available to the Company for long-term borrowings with similar terms. At March 31, 2017, the estimated fair value of long-term debt approximates its carrying value. Derivative instruments included in other liabilities - The carrying value is adjusted to fair value through other comprehensive income (loss) at each balance sheet date. The fair value is determined from an interest-rate futures model. Under applicable accounting standards financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurements. The Company assigned assets and liabilities to the hierarchy in the accounting standards, which is Level 1 - quoted prices in active markets for identical assets or liabilities, Level 2 - significant other observable inputs and Level 3 - significant unobservable inputs. The following table presents the balances of financial assets and liabilities measured at fair value as of March 31, 2017 and 2016 (dollars in thousands): As of March 31, 2017 Level 1 Level 2 Level 3 Total Assets: Other current assets $ 12,716 $ — $ — $ 12,716 Total assets $ 12,716 $ — $ — $ 12,716 As of March 31, 2016 Level 1 Level 2 Level 3 Total Assets: Other current assets $ 12,532 $ — $ — $ 12,532 Total assets $ 12,532 $ — $ — $ 12,532 Liabilities: Other accrued expenses $ — $ 115 $ — $ 115 Total liabilities $ — $ 115 $ — $ 115

SEGMENT INFORMATION_

SEGMENT INFORMATION:	12 Months Ended
	Mar. 31, 2017
SEGMENT INFORMATION:
SEGMENT INFORMATION:	18. The Company reports segment information consistent with the way management internally disaggregates its operations to assess performance and to allocate resources. Revenue and cost of revenue are generally directly attributed to the segments. Certain revenue contracts are allocated among the segments based on the relative value of the underlying products and services. Cost of revenue, excluding non-cash stock compensation expense and purchased intangible asset amortization, is directly charged in most cases and allocated in certain cases based upon proportional usage. Operating expenses, excluding non-cash stock compensation expense and purchased intangible asset amortization, are attributed to the segment groups as follows: · Research and development expenses are primarily directly recorded to each segment group based on identified products supported. · Sales and marketing expenses are primarily directly recorded to each segment group based on products supported and sold. · General and administrative expenses are generally not allocated to the segments unless directly attributable. · Gains, losses and other items, net are not allocated to the segment groups. We do not track our assets by operating segments. Consequently, it is not practical to show assets by operating segment. The following table presents information by business segment (dollars in thousands): 2017 2016 2015 Revenues: Marketing Services $ 410,840 $ 449,772 $ 446,103 Audience Solutions 322,065 297,846 303,836 Connectivity 147,342 102,470 54,972 Total segment revenues $ 880,247 $ 850,088 $ 804,911 Gross profit (1) : Marketing Services $ 140,647 $ 152,258 $ 156,395 Audience Solutions 198,185 167,715 158,386 Connectivity 88,251 61,199 13,322 Total segment gross profit $ 427,084 $ 381,172 $ 328,103 Income (loss) from operations (1) : Marketing Services $ 80,622 $ 74,371 $ 81,247 Audience Solutions 123,238 109,598 115,078 Connectivity 5,333 (3,298) (40,069) Total segment income from operations $ 209,193 $ 180,671 $ 156,256 Depreciation and amortization: Marketing Services $ 7,549 $ 9,988 $ 12,280 Audience Solutions 13,286 12,909 12,652 Connectivity 21,906 19,932 16,469 Total depreciation and amortization $ 42,741 $ 42,829 $ 41,401 (1) Gross profit and Income (loss) from operations reflect only the direct and allocable controllable costs of each segment and do not include allocations of corporate expenses (primarily general and administrative expenses) and gains, losses, and other items, net. Additionally, Gross profit and Income (loss) from operations do not reflect non-cash stock compensation expense and purchased intangible asset amortization. The following table reconciles total operating segment gross profit to gross profit and total operating segment income from operations to income (loss) from operations (dollars in thousands): 2017 2016 2015 Total segment gross profit $ 427,084 $ 381,172 $ 328,103 Less: Purchased intangible asset amortization 18,644 15,466 11,454 Non-cash stock compensation 5,879 2,150 1,459 Accelerated amortization — 1,850 4,316 Gross profit $ 402,561 $ 361,706 $ 310,874 Total segment income from operations $ 209,193 $ 180,671 $ 156,256 Less: Corporate expenses (principally general and administrative) 117,342 127,844 126,570 Gains, losses and other items, net 8,373 12,132 22,600 Impairment of goodwill and other — 6,829 — Purchased intangible asset amortization 18,644 15,466 11,454 Non-cash stock compensation 49,145 31,463 28,316 Income (loss) from operations $ 15,689 $ (13,063) $ (32,684)

UNAUDITED SELECTED QUARTERLY FI

UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:	12 Months Ended
	Mar. 31, 2017
UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:
UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:	19. The following tables contain selected unaudited statement of operations information for each quarter of 2017 and 2016. The following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period. Unaudited quarterly results are as follows: Quarter ended Quarter ended Quarter ended Quarter ended June 30, September 30, December 31, March 31, (dollars in thousands except per-share amounts) 2016 2016 2016 2017 Revenue $ 214,801 $ 217,267 $ 223,312 $ 224,867 Gross profit 91,982 97,162 106,844 106,573 Income (loss) from operations 8,162 7,120 9,115 (8,709) Net earnings (loss) 3,976 7,140 1,073 (8,081) Basic earnings (loss) per share: Net earnings (loss) 0.05 0.09 0.01 (0.10) Diluted earnings (loss) per share: Net earnings (loss) 0.05 0.09 0.01 (0.10) Quarter ended Quarter ended Quarter ended Quarter ended June 30, September 30, December 31, March 31, (dollars in thousands except per-share amounts) 2015 2015 2015 2016 Revenue $ 196,895 $ 207,345 $ 221,193 $ 224,655 Gross profit 79,186 86,033 95,458 101,029 Loss from operations (2,869) (2,056) (374) (7,764) Earnings (loss) from discontinued operations, net of tax 4,143 12,068 (971) 111 Net earnings (loss) (1,039) 10,723 (1,410) (1,571) Basic earnings (loss) per share: Continuing operations (0.07) (0.02) (0.01) (0.02) Discontinued operations 0.05 0.15 (0.01) Net earnings (loss) (0.01) 0.14 (0.02) (0.02) Diluted earnings (loss) per share: Continuing operations (0.07) (0.02) (0.01) (0.02) Discontinued operations 0.05 0.15 (0.01) Net earnings (loss) (0.01) 0.14 (0.02) (0.02) Some earnings (loss) per share amounts may not add due to rounding

ORGANIZATION AND SUMMARY OF S27

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Policies)	12 Months Ended
	Mar. 31, 2017
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation - The consolidated financial statements include the accounts of the Company and its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. We have prepared the accompanying consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”) as set forth in the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) and we consider the various staff accounting bulletins and other applicable guidance issued by the United States Securities and Exchange Commission.
Use of Estimates	Use of Estimates - Management of the Company has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these consolidated financial statements in conformity with GAAP. Estimates are used in determining, among other items, the fair value of acquired assets and assumed liabilities, estimated selling price in certain revenue arrangements, projected cash flows associated with recoverability of assets, restructuring and impairment accruals, litigation and facilities lease loss accruals, amortization of software development costs, and the recognition and measurement of current and deferred income taxes, including the measurement of uncertain tax positions. Actual results could differ from those estimates.
Discontinued Operations	Discontinued Operations - Discontinued operations comprise those activities that have been disposed of during the period or which have been classified as held for sale at the end of the period, and represent a separate major line of business or geographical area that can be clearly distinguished for operational and financial reporting purposes. In fiscal 2016, the Company sold its IT Infrastructure Management business (“ITO”) and began reporting the results of operations, cash flows and the balance sheet amounts pertaining to ITO as a component of discontinued operations in the consolidated financial statements. In fiscal 2015, Acxiom identified its U.K. call center operation, 2Touch, as a component of the Company that is reported as discontinued operations because of its disposal. Refer to Note 4, Discontinued Operations, for more information. Unless otherwise indicated, information in the notes to the consolidated financial statements relates to continuing operations.
Cash and Cash Equivalents	Cash and Cash Equivalents - The Company considers all highly-liquid investments with original maturities of three months or less to be cash equivalents.
Accounts Receivable	Accounts Receivable - Accounts receivable includes amounts billed to customers as well as unbilled amounts recognized in accordance with the Company’s revenue recognition policies, as stated below. Unbilled amounts included in accounts receivable, which generally arise from the delivery of data and performance of services to customers in advance of billings, were $14.1 million at March 31, 2017 and $14.3 million March 31, 2016. Accounts receivable are presented net of allowance for doubtful accounts. The Company evaluates its allowance for doubtful accounts based on a combination of factors at each reporting date. Each account or group of accounts is evaluated based on specific information known to management regarding each customer’s ability or inability to pay, as well as historical experience for each customer or group of customers, the length of time the receivable has been outstanding, and current economic conditions in the customer’s industry. Accounts receivable that are determined to be uncollectible are charged against the allowance for doubtful accounts.
Property and Equipment	Property and Equipment - Property and equipment are stated at cost. Depreciation and amortization are calculated on the straight-line method over the estimated useful lives of the assets as follows: buildings and improvements, up to 30 years; data processing equipment, 2 - 5 years, and office furniture and other equipment, 3 - 7 years. Property held under capitalized lease arrangements is included in property and equipment, and the associated liabilities are included in long-term debt. Amortization of property under capitalized leases is included in depreciation and amortization expense. Property and equipment taken out of service and held for sale is recorded at the lower of depreciated cost or net realizable value and depreciation is ceased.
Leases	Leases - Rent expense on operating leases is recorded on a straight-line basis over the term of the lease agreement.
Software, Purchased Software Licenses, and Research and Development Costs	Software, Purchased Software Licenses, and Research and Development Costs – Costs of internally developed software are capitalized in accordance with ASC 350-40, Internal Use Software . The standard generally requires that research and development costs incurred prior to the beginning of the application development stage of software products are charged to operations as such costs are incurred. Once the application development stage has begun, costs are capitalized until the software is available for general release. Costs of internally developed software are amortized on a straight-line basis over the remaining estimated economic life of the software product, generally two to five years (see Note 8 – Software Costs). Costs of purchased software licenses are amortized on a straight-line basis over the estimated economic life of the license, generally not to exceed five years (see Note 8 – Software Costs). Capitalized software, including both purchased and internally developed, is reviewed when facts and circumstances indicate the carrying amount may not be recoverable and, if necessary, the Company reduces the carrying value of each product to its fair value.
Business Combinations	Business Combinations – We apply the provisions of ASC 805, Business Combinations , in accounting for its acquisitions. It requires us to recognize separately from goodwill the assets acquired and the liabilities assumed at the acquisition date fair values. Goodwill as of the acquisition date is measured as the excess of consideration transferred over the net of the acquisition date fair values of the assets acquired and the liabilities assumed. While we use our best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date as well as any contingent consideration, where applicable, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, we record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired and liabilities assumed, whichever comes first, any subsequent adjustments are recorded to our consolidated statement of operations. Accounting for business combinations requires our management to make significant estimates and assumptions, especially at the acquisition date, including our estimates for intangible assets. Although we believe the assumptions and estimates we have made in the past have been reasonable and appropriate, they are based in part on historical experience and information obtained from the management of the acquired companies and are inherently uncertain. Examples of critical estimates in valuing certain of the intangible assets we have acquired include but are not limited to: · future expected cash flows from Connectivity sales; · expected costs to develop the in-process research and development into commercially viable products and estimated cash flows from the products when completed; · the acquired company’s brand and competitive position, as well as assumptions about the period of time the acquired brand will continue to be used in the combined company’s product portfolio; and · discount rates. Unanticipated events and circumstances may occur that may affect the accuracy or validity of such assumptions, estimates or actual results. In addition, uncertain tax positions and tax related valuation allowances in connection with a business combination are initially estimated as of the acquisition date. We reevaluate these items quarterly based upon facts and circumstances that existed as of the acquisition date with any judgments to our preliminary estimates being recorded to goodwill if identified within the measurement period. Subsequent to the measurement period or our final determination of the uncertain tax positions and tax related valuation allowances, whichever comes first, changes to these tax estimates will affect our provision for income taxes in our consolidated statement of operations and could have a material impact on our results of operations and financial position.
Goodwill	Goodwill - Goodwill is measured and tested for impairment on an annual basis in the first quarter of the Company’s fiscal year in accordance with ASC 350, Intangibles—Goodwill and Other , or more frequently if indicators of impairment exist. Triggering events for interim impairment testing include indicators such as adverse industry or economic trends, restructuring actions, downward revisions to projections of financial performance, or a sustained decline in market capitalization. According to ASC 350, we can opt to perform a qualitative assessment to test a reporting unit’s goodwill for impairment or we can directly perform the two-step impairment test. Based on our qualitative assessment, if we determine that the fair value of a reporting unit is more likely than not (i.e., a likelihood of more than 50 percent) to be less than its carrying amount, the two-step impairment test prescribed by ASC 350 will be performed. The first step requires comparing the estimated fair value of a reporting unit to its net book value, including goodwill. A potential impairment exists if the estimated fair value of the reporting unit is lower than its net book value. The second step of the impairment test involves assigning the estimated fair value of the reporting unit to its identifiable assets, with any residual fair value being assigned to goodwill. If the carrying value of an individual indefinite-lived intangible asset (including goodwill) exceeds its estimated fair value, such asset is written down by an amount equal to the excess, and a corresponding amount is recorded as a charge to operations for the period in which the impairment test is completed. Completion of the Company’s annual impairment test during the first quarter of fiscal 2017 indicated no impairment of its goodwill balances. During the fourth quarter of fiscal 2016, a triggering event occurred which required the Company to test the recoverability of goodwill associated with its APAC Marketing Services and Audience Solutions reporting units. The triggering event was the Company’s decision to focus efforts in Australia exclusively on the Connectivity business; as a result, the Company plans to wind-down the Marketing Services and Audience Solutions operations in Australia. In addition to testing the recoverability of goodwill, the Company also tested certain other long-lived assets in these units for impairment. The results of the two-step test indicated complete impairment of the APAC Audience Solutions goodwill as well as impairment for certain other long-lived assets. The amount of impairment was $6.1 million, of which $5.4 million was goodwill and $0.7 million related to other long-lived assets, primarily property and equipment. The impairment test also indicated a reduced fair value for the APAC Marketing Services component, but the fair value was still in excess of the carrying value resulting in no impairment. During the third quarter of fiscal 2016, management determined that results for the APAC component were lower than had been projected in the previous goodwill test in part due to an economic slowdown in Asia. Management further determined that the failure of the APAC component to meet expectations, combined with the expectation that future projections would also be lowered, constituted a triggering event, requiring an interim goodwill impairment test. The impairment test indicated a reduced fair value, but the fair value was still in excess of the carrying value resulting in no impairment. During the second quarter of fiscal 2016, a triggering event occurred which required the Company to test the recoverability of goodwill associated with its Brazil Marketing Services and Audience Solutions reporting unit. The triggering event was the announced closure of the Company’s Brazil operation. In addition to testing the recoverability of goodwill, the Company also tested certain other long-lived assets in this unit for impairment. The results of the impairment testing indicated complete impairment of the goodwill as well as impairment for certain other long-lived assets. The amount of impairment was $0.7 million, of which $0.5 million was goodwill and $0.2 million related to other long-lived assets, primarily property and equipment. To estimate the fair value for each of the components, management uses an income approach based on a discounted cash flow model together with valuations based on an analysis of public company market multiples and a similar transactions analysis. The key assumptions used in the discounted cash flow valuation model include discount rates, growth rates, cash flow projections and terminal value rates. Discount rates, growth rates and cash flow projections are the most sensitive and susceptible to change as they require significant management judgment. Discount rates are determined by using a weighted average cost of capital (“WACC”). The WACC considers market and industry data as well as company-specific risk factors for each reporting unit in determining the appropriate discount rate to be used. The discount rate utilized for each reporting unit is indicative of the return an investor would expect to receive for investing in such a business. Management, considering industry and company-specific historical and projected data, develops growth rates and cash flow projections for each reporting unit. Terminal value rate determination follows common methodology of capturing the present value of perpetual cash flow estimates beyond the last projected period assuming a constant WACC and low long-term growth rates. The public company market multiple method is used to estimate values for each of the components by looking at market value multiples to revenue and EBITDA (earnings before interest, taxes, depreciation and amortization) for selected public companies that are believed to be representative of companies that marketplace participants would use to arrive at comparable multiples for the individual component being tested. These multiples are then used to develop an estimated value for each respective component. The similar transactions method compares multiples based on acquisition prices of other companies believed to be those that marketplace participants would use to compare to the individual component being tested. Those multiples are then used to develop an estimated value for that component. To arrive at an estimated value for each component, management uses a weighted-average approach to combine the results of each analysis. Management believes that using multiple valuation approaches and then weighting them appropriately is a technique that a marketplace participant would use. As a final test of the annual valuation results, the total of the values of the components is reconciled to the actual market value of Acxiom common stock as of the valuation date. Management believes this control premium is reasonable compared to historical control premiums observed in actual transactions. Management believes that the estimated valuations are reasonable and consistent with what other marketplace participants would use in valuing the Company’s components. However, management cannot give any assurance that these market values will not change in the future. For example, if discount rates demanded by the market increase, this could lead to reduced valuations under the income approach. If the Company’s projections are not achieved in the future, this could lead management to reassess their assumptions and lead to reduced valuations under the income approach. If the market price of the Company’s stock decreases, this could cause the Company to reassess the reasonableness of the implied control premium, which might cause management to assume a higher discount rate under the income approach which could lead to reduced valuations. If future similar transactions exhibit lower multiples than those observed in the past, this could lead to reduced valuations under the similar transactions approach. And finally, if there is a general decline in the stock market and particularly in those companies selected as comparable to the Company’s components, this could lead to reduced valuations under the public company market multiple approach. The Company’s next annual impairment test will be performed during the first quarter of fiscal 2018. The fair value of the Company’s components could deteriorate which could result in the need to record impairment charges in future periods. The Company continues to monitor potential triggering events including changes in the business climate in which it operates, attrition of key personnel, the volatility in the capital markets, the Company’s market capitalization compared to its book value, the Company’s recent operating performance, and the Company’s financial projections. The occurrence of one or more triggering events could require additional impairment testing, which could result in impairment charg es.
Impairment of Long-lived Assets	Impairment of Long-lived Assets - Long-lived assets and certain identifiable intangibles are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company considers factors such as operating losses, declining outlooks, and business conditions when evaluating the necessity for an impairment analysis. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset group to the undiscounted cash flows expected to result from the use and eventual disposition of the asset group. If such assets are impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. During fiscal 2016, in conjunction with the goodwill impairment tests noted above, the Company also tested certain other long-lived assets in the affected units for impairment. The Company recorded impairment charges of $0.9 million related to other long-lived assets, primarily property and equipment.
Data Acquisition Costs	Data Acquisition Costs - The Company defers certain costs related to the acquisition or licensing of data for the Company’s proprietary databases which are used in providing data products and services. These costs are amortized over the useful life of the data, which is from two to seven years. To estimate the useful life of any acquired data, the Company considers several factors including 1) the type of data acquired, 2) whether the data becomes stale over time, 3) to what extent the data will be replaced by updated data over time, 4) whether the stale data continues to have value as historical data, 5) whether a license places restrictions on the use of the data, and 6) the term of the license.
Deferred Revenue	Deferred Revenue - Deferred revenue consists of amounts billed in excess of revenue recognized. Deferred revenues are subsequently recorded as revenue when earned in accordance with the Company’s revenue recognition policies.
Revenue Recognition	Revenue Recognition - The Company’s policy follows the guidance from ASC 605, Revenue Recognition . The Company provides marketing database services under long-term arrangements. These arrangements may require the Company to perform setup activities such as the design and build of a database, and may include other products and services purchased at the same time, or within proximity of one another (referred to as multiple element arrangements). Each element within a multiple element arrangement is accounted for as a separate unit of accounting provided the following criteria are met: the delivered products or services have value to the customer on a standalone basis; and for an arrangement that includes a general right of return relative to the delivered products or services, delivery or performance of the undelivered product or service is considered probable and is substantially controlled by us. We consider a deliverable to have standalone value if the product or service is sold separately by us or another vendor or could be resold by the customer. Further, our revenue arrangements generally do not include a general right of return related to the delivered products. Where the aforementioned criteria for a separate unit of accounting are not met, the deliverable is combined with the undelivered element(s) and treated as a single unit of accounting for purposes of allocation of the arrangement consideration and revenue recognition. For our multiple-element arrangements, we allocate revenue to each element based on a selling price hierarchy at the arrangement’s inception. The relative selling price for each unit of accounting in a multiple-element arrangement is established using vendor-specific objective evidence (VSOE), if available, third-party evidence (TPE), if available, or management’s best estimate of stand-alone selling price (BESP). In most cases, the Company has neither VSOE nor TPE and therefore uses BESP. The total arrangement consideration is allocated to each separate unit of accounting for each of the deliverables using the relative selling prices of each unit based on the aforementioned selling price hierarchy. We limit the amount of revenue recognized for delivered elements to an amount that is not contingent upon future delivery of additional products or services or meeting any specified performance conditions. The objective of BESP is to determine the price at which the Company would transact a sale if the product or service were sold on a stand-alone basis. Management’s BESP is determined by considering multiple factors including actual contractual selling prices when the item is sold on a stand-alone basis, as well as market conditions, competition, internal costs, profit objectives and pricing practices. As pricing and marketing strategies evolve, we may modify our pricing practices in the future, which could result in changes to BESP, or to the development of VSOE or TPE for individual products or services. As a result, future revenue recognition for multiple-element arrangements could differ from recognition in the current period. Our relative selling prices are analyzed on an annual basis or more frequently if we experience significant changes in selling prices. Revenues are recognized when: (1) persuasive evidence of an arrangement exists; (2) we deliver the products and services; (3) the sale price is fixed or determinable; and (4) collection is reasonably assured. Revenues that are not recognized at the time of sale because the foregoing conditions are not met are recognized when those conditions are subsequently met. Where applicable, we reduce revenue for certain incentive programs where we can sufficiently estimate the effects of these items. In some cases, the arrangements also contain provisions requiring customer acceptance of the setup activities prior to commencement of the ongoing services arrangement. Up-front fees billed during the setup phase for these arrangements are deferred and setup costs that are direct and incremental to the contract are capitalized. Revenue recognition does not begin until after customer acceptance in cases where contracts contain acceptance provisions. Once the setup phase is complete and customer acceptance occurs, the Company recognizes revenue and the related costs for each element as delivered. In situations where the arrangement does not require customer acceptance before the Company begins providing services, revenue is recognized for each element as delivered and no costs are deferred. The Company evaluates its marketing database arrangements to determine whether the arrangement contains a lease. If the arrangement is determined to contain a lease, applicable accounting standards require the Company to account for the lease component separately from the remaining components of the arrangement. In cases where marketing database arrangements are determined to include a lease, the lease is evaluated to determine whether it is a capital lease or operating lease and accounted for accordingly. These lease revenues are not significant to the Company’s consolidated financial statements. Sales of third-party software, hardware and certain other equipment are recognized when delivered. If such sales are part of a multiple-element arrangement, they are recognized as a separate element unless collection of the sales price is dependent upon delivery of other products or services. Additionally, the Company evaluates revenue from the sale of data, software, hardware and equipment in accordance with accounting standards to determine whether such revenue should be recognized on a gross or a net basis. All the factors in the accounting standards are considered with the primary factor being whether the Company is the primary obligor in the arrangement. “Out-of-pocket” expenses incurred by, and reimbursed to, the Company in connection with customer contracts are recorded as gross revenue. The Company also performs services on a project basis outside of, or in addition to, the scope of long-term arrangements. The Company recognizes revenue from these services as the services are performed. All taxes assessed on revenue-producing transactions described above are presented on a net basis, or excluded from revenues. Revenues from the licensing of data are recognized upon delivery of the data to the customer. Revenue from the licensing of data to the customer in circumstances where the license agreement contains a volume cap is recognized in proportion to the total records to be delivered under the arrangement. Revenue from the sale of data on a per-record basis is recognized as the records are delivered. Revenues from Connectivity services are primarily recorded as monthly recurring subscription fees, and to a lesser extent from data providers and certain digital publishers in the form of revenue-sharing agreements.
Concentration of Credit Risk	Concentration of Credit Risk - Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of trade accounts, unbilled and notes receivable. The Company’s receivables are from a large number of customers. Accordingly, the Company’s credit risk is affected by general economic conditions. The Company maintains deposits in federally insured financial institutions more than federally insured limits. Management, however, believes the Company is not exposed to significant credit risk due to the financial position of the depository institutions in which those deposits are held.
Income Taxes	Income Taxes - The Company and its domestic subsidiaries file a consolidated federal income tax return. The Company’s foreign subsidiaries file separate income tax returns in the countries in which their operations are based. The Company makes estimates and judgments in determining the provision for income taxes for financial statement purposes. These estimates and judgments occur in the calculation of tax credits, benefits, and deductions, and in the calculation of certain tax assets and liabilities that arise from differences in the timing of recognition of revenue and expense for tax and financial statement purposes, as well as the interest and penalties related to uncertain tax positions. Significant changes in these estimates may result in an increase or decrease to the tax provision in a subsequent period. The Company assesses the likelihood that it will be able to recover its deferred tax assets. If recovery is not likely, the Company increases the provision for taxes by recording a valuation allowance against the deferred tax assets that it estimates will not ultimately be recoverable. The Company believes that the deferred tax assets recorded on the consolidated balance sheets will be ultimately recovered. However, should a change occur in the Company’s ability to recover its deferred tax assets, its tax provision would increase in the period in which the Company determined that the recovery was not likely. The calculation of tax liabilities involves dealing with uncertainties in the application of complex tax laws and regulations. The Company recognizes liabilities for uncertain tax positions based on a two-step process pursuant to ASC 740, Income Taxes . The first step is to evaluate the tax position for recognition by determining whether the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. If the Company determines that a tax position will more likely than not be sustained on audit, the second step requires the Company to estimate and measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. It is inherently difficult and subjective to estimate such amounts, as the Company must determine the probability of various possible outcomes. The Company re-evaluates these uncertain tax positions on a quarterly basis. This evaluation is based on factors such as changes in facts or circumstances, changes in tax law, new audit activity, and effectively settled issues. Determining whether an uncertain tax position is effectively settled requires judgment. Such a change in recognition or measurement would result in the recognition of a tax benefit or an additional charge to the tax provision.
Foreign Currency Translation	Foreign Currency Translation - The reporting currency of the Company is the U.S. dollar. The functional currency of our foreign operations generally is the applicable local currency for each foreign subsidiary. The balance sheets of the Company’s foreign subsidiaries are translated at period-end rates of exchange, and the statements of operations are translated at the weighted-average exchange rate for the period. Gains or losses resulting from translating foreign currency financial statements are included in accumulated other comprehensive income (loss) in the consolidated statements of stockholders’ equity and comprehensive income (loss).
Advertising Expense	Advertising Expense - The Company expenses advertising costs as incurred. Advertising expense was approximately $9.3 million, $5.9 million and $5.0 million for the fiscal years ended March 31, 2017, 2016 and 2015, respectively. Advertising expense is included in operating expenses on the accompanying consolidated statements of operations.
Guarantees	Guarantees - The Company accounts for the guarantees of indebtedness of others under applicable accounting standards which require a guarantor to recognize, at the inception of the guarantee, a liability for the fair value of the obligation undertaken in issuing the guarantee. A guarantor is also required to make additional disclosures in its financial statements about obligations under certain guarantees issued. The Company’s liability for the fair value of guarantees is not material (see Note 12 – Commitments and Contingencies).
Loss Contingencies and Legal Expenses	Loss Contingencies and Legal Expenses - The Company records a liability for loss contingencies when the liability is probable and reasonably estimable. Legal fees associated with loss contingencies are recorded when the legal fees are incurred.
Earnings (Loss) per Share	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): 2017 2016 2015 Net earnings (loss) from continuing operations $ 4,108 $ (8,648) $ (26,542) Net earnings from discontinued operations, net of tax — 15,351 15,511 Net earnings (loss) $ 4,108 $ 6,703 $ (11,031) Basic earnings (loss) per share: Basic weighted-average shares outstanding 77,609 77,616 77,106 Basic earnings (loss) per share: Continuing operations $ 0.05 $ (0.11) $ (0.34) Discontinued operations — 0.20 0.20 Net earnings (loss) $ 0.05 $ 0.09 $ (0.14) Diluted earnings (loss) per share: Basic weighted-average shares outstanding 77,609 77,616 77,106 Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method 2,239 — — Diluted weighted-average shares outstanding 79,848 77,616 77,106 Diluted earnings (loss) per share: Continuing operations $ 0.05 $ (0.11) $ (0.34) Discontinued operations — 0.20 0.20 Net earnings (loss) $ 0.05 $ 0.09 $ (0.14) Due to the net loss from continuing operations in fiscal 2016 and 2015, the dilutive effect of options, warrants and restricted stock units covering 1.5 million and 1.4 million shares, respectively, of common stock was excluded from the earnings per share calculation since the impact on the calculation was anti-dilutive. Additional options and warrants to purchase shares of common stock and restricted stock units that were outstanding during the periods presented but were not included in the computation of diluted earnings (loss) per share because the effect was anti-dilutive are shown below (in thousands, except per share amounts): 2017 2016 2015 Number of shares outstanding under options, warrants and restricted stock units 90 1,654 1,829 Range of exercise prices for options $ 27.77 - $ 32.85 $ 17.49 - $ 62.06 $ 19.18 - $ 62.06
Share-based Compensation	Share-based Compensation - The Company records share-based compensation expense according to the provisions of ASC Topic 718, “ Compensation – Stock Compensation .” ASC Topic 718 requires all share-based payments to employees, including grants of employee stock options, to be recognized in the statement of operations over the service period of the award based on their fair values. Under the provisions of ASC Topic 718, the Company determines the appropriate fair value model to be used for valuing share-based payments and the amortization method for compensation cost. The Company has stock option plans and equity compensation plans (collectively referred to as the “share-based plans”) administered by the compensation committee (“compensation committee”) of the board of directors under which options and restricted stock units were outstanding as of March 31, 2017. The Company’s equity compensation plan provides that all associates (employees, officers, directors, affiliates, independent contractors or consultants) are eligible to receive awards (grant of any option, stock appreciation right, restricted stock award, restricted stock unit award, performance award, performance share, performance unit, qualified performance-based award, or other stock unit award) under the plan with the terms and conditions applicable to an award set forth in applicable grant documents. Incentive stock option awards granted under the share-based plans cannot be granted with an exercise price less than 100% of the per-share market value of the Company’s shares at the date of grant and have a maximum duration of ten years from the date of grant. Board policy currently requires that nonqualified options also must be priced at or above the fair market value of the common stock at the time of grant with a maximum duration of ten years. Restricted stock units may be issued under the equity compensation plan and represent the right to receive shares in the future by way of an award agreement which includes vesting provisions. Award agreements can further provide for forfeitures triggered by certain prohibited activities, such as breach of confidentiality. All restricted stock units will be expensed over the vesting period as adjusted for estimated forfeitures. The vesting of some restricted stock units is subject to the Company’s achievement of certain performance criteria, as well as the individual remaining employed by the Company for a period of years. The Company also has outstanding performance-based stock appreciation rights and performance-based stock units. These are expensed over the vesting period of the award. The Company receives income tax deductions because of the exercise of nonqualified stock options and the vesting of other stock-based awards. The tax benefit of share-based compensation expense in excess of the book compensation expense is reflected as a financing cash inflow and operating cash outflow included in changes in operating assets and liabilities. The Company has elected the short-cut method in accounting for the tax benefits of share-based payment awards.
Derivatives and Hedging	Derivatives and Hedging - Derivative financial instruments are valued in the market using regression analysis. Significant inputs to the derivative valuation for interest rate swaps are observable in active markets and are classified as Level 2 in the fair value hierarchy. In fiscal 2014, the Company entered into an interest rate swap as a cash flow hedge against LIBOR interest rate movements on the term loan. All changes in fair value of the derivative were deferred and recorded in other comprehensive income (loss) until the related forecasted transaction was recognized in the consolidated statement of operations. The interest rate swap matured in fiscal 2017
Restructuring	Restructuring – The Company records costs associated with employee terminations and other exit activity in accordance with ASC 420, Exit or Disposal Cost Obligations , depending on whether the costs relate to exit or disposal activities under the accounting standards, or whether they are other post-employment termination benefits. Under applicable accounting standards for exit or disposal costs, the Company records employee termination benefits as an operating expense when the benefit arrangement is communicated to the employee and no significant future services are required. Under the accounting standards related to post employment termination benefits the Company records employee termination benefits when the termination benefits are probable and can be estimated. The Company recognizes the present value of facility lease termination obligations, net of estimated sublease income and other exit costs, when the Company has future payments with no future economic benefit or a commitment to pay the termination costs of a prior commitment. In future periods the Company will record accretion expense to increase the liability to an amount equal to the estimated future cash payments necessary to exit the leases. This requires judgment and management estimation to determine the expected time frame for securing a subtenant, the amount of sublease income to be received and the appropriate discount rate to calculate the present value of the future cash flows. Should actual lease exit costs differ from estimates, the Company may be required to adjust the restructuring charge which will impact net earnings (loss) in the period any adjustment is recorded.
Adoption of New Accounting Standards and Recent Accounting Pronouncements Not Yet Adopted	Adoption of New Accounting Standards – In August 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-15, Statement of Cash Flows: Clarification of Certain Cash Receipts and Cash Payments. The new standard eliminates the diversity in practice related to the classification of certain cash receipts and payments in the statement of cash flows by adding or clarifying guidance on eight specific cash flow issues, including payments for debt prepayments or extinguishments. The early adoption of this standard did not result in any changes to our existing accounting policies, presentation of items in our consolidated statements of cash flows, or any changes resulting from the retrospective application to all periods reported. Recent Accounting Pronouncements Not Yet Adopted – In January 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, which eliminates step two from the goodwill impairment test. Under the amendments in ASU 2017-04, an entity should recognize an impairment charge for the amount by which the carrying amount of a reporting unit exceeds its fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. ASU 2017-04 is effective for annual periods beginning after December 15, 2019 (fiscal 2021 for the Company), including interim periods within those fiscal years; earlier adoption is permitted for goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, which provides guidance for evaluating whether certain transactions are to be accounted for as an acquisition (or disposal) of either a business or an asset. ASU 2017-01 is effective for annual periods beginning after December 15, 2017 (fiscal 2019 for the Company), including interim periods within those fiscal years, and earlier adoption is permitted for transactions occurring after the issuance of ASU 2017-01 and not reported in the financial statements. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. This standard is intended to reduce diversity in the presentation of restricted cash and restricted cash equivalents in the statement of cash flows. The standard requires that restricted cash and restricted cash equivalents be included as components of total cash and cash equivalents as presented on the statement of cash flows. As a result, entities will no longer present transfers between cash and cash equivalents and restricted cash and restricted cash equivalents in the statement of cash flows. ASU 2016-18 is effective for annual periods beginning after December 15, 2017 (fiscal 2019 for the Company), including interim periods within those fiscal years; earlier adoption is permitted. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements and related disclosures. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting which modifies certain aspects of the accounting for share-based payment transactions, including income taxes, classification of awards, and classification in the statement of cash flows. Currently, excess tax benefits or deficiencies from the Company’s equity awards are recorded as additional paid-in capital in its Consolidated Balance Sheets. Upon adoption, the Company will record, on a prospective basis, any excess tax benefits or deficiencies from its equity awards in its consolidated Statements of Operations in the reporting periods in which settlement occurs. As a result, after adoption the Company’s income tax expense and associated effective tax rate will be impacted by fluctuations in stock prices between the grant dates and settlement dates of equity awards. ASU 2016-09 is effective for annual periods beginning after December 15, 2016 (fiscal 2018 for the Company). The Company is continuing to evaluate the impact of the adoption of this guidance on its consolidated financial condition, results of operations and cash flows. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) as a comprehensive new leases standard that amends various aspects of existing guidance for leases and requires additional disclosures about leasing arrangements. It will require lessees to recognize lease assets and lease liabilities for those leases classified as operating leases under previous guidance, ASC 840, Leases. ASU 2016-02 creates a new Topic, ASC 842, Leases. This new Topic retains a distinction between finance leases and operating leases. The classification criteria for distinguishing between finance leases and operating leases are substantially similar to the classification criteria for distinguishing between capital leases and operating leases in the previous leases guidance. ASU 2016-02 is effective for annual periods beginning after December 15, 2018 (fiscal 2020 for the Company), including interim periods within those fiscal years; earlier adoption is permitted. In the financial statements in which the ASU is first applied, leases shall be measured and recognized at the beginning of the earliest comparative period presented with an adjustment to equity. The Company is continuing to evaluate the impact of the adoption of this guidance on its consolidated financial condition, results of operations and cash flows. In May 2014, the FASB issued update ASU 2014-09, Revenue from Contracts with Customers (Topic 606) and issued subsequent amendments to the initial guidance in August 2015, March 2016, April 2016, May 2016 and December 2016 within ASU 2015-14, ASU 2016-08, ASU 2016-10, ASU 2016-12 and ASU 2016-20, respectively. Topic 606 supersedes nearly all existing revenue recognition guidance under GAAP. The core principle of the new guidance is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. The guidance defines a five-step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than are required under existing GAAP, including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation, among others. Topic 606 also provides guidance on the recognition of costs related to obtaining customer contracts. The effective date for the Company is the first quarter of fiscal 2018 or the first quarter of fiscal 2019 using either of two methods: (i) retrospective application to each prior reporting period presented with the option to elect certain practical expedients; or (ii) retrospective application with the cumulative effect recognized at the date of initial application and providing certain additional disclosures. The Company has completed its preliminary assessment of the new standard and is continuing assessment as we complete implementation design activities. Preliminarily, we plan to adopt Topic 606 in the first quarter of fiscal 2019 pursuant to the aforementioned adoption method (ii) and we do not believe there will be a material impact to our revenues upon adoption. We are continuing to evaluate the impact to our revenues related to our pending adoption of Topic 606 and our preliminary assessments are subject to change. We are also continuing to evaluate the provisions of Topic 606 related to costs of obtaining customer contracts. The Company does not anticipate that the adoption of any other recent accounting pronouncements will have a material impact on the Company's consolidated financial position, results of operations or cash flows.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reclass, Reconciliation: (Tables)	12 Months Ended
	Mar. 31, 2017
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
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): 2017 2016 2015 Net earnings (loss) from continuing operations $ 4,108 $ (8,648) $ (26,542) Net earnings from discontinued operations, net of tax — 15,351 15,511 Net earnings (loss) $ 4,108 $ 6,703 $ (11,031) Basic earnings (loss) per share: Basic weighted-average shares outstanding 77,609 77,616 77,106 Basic earnings (loss) per share: Continuing operations $ 0.05 $ (0.11) $ (0.34) Discontinued operations — 0.20 0.20 Net earnings (loss) $ 0.05 $ 0.09 $ (0.14) Diluted earnings (loss) per share: Basic weighted-average shares outstanding 77,609 77,616 77,106 Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method 2,239 — — Diluted weighted-average shares outstanding 79,848 77,616 77,106 Diluted earnings (loss) per share: Continuing operations $ 0.05 $ (0.11) $ (0.34) Discontinued operations — 0.20 0.20 Net earnings (loss) $ 0.05 $ 0.09 $ (0.14)
Schedule of anti-dilutive options, warrants and restricted stock units excluded from computation of earnings (loss) per share	Additional options and warrants to purchase shares of common stock and restricted stock units that were outstanding during the periods presented but were not included in the computation of diluted earnings (loss) per share because the effect was anti-dilutive are shown below (in thousands, except per share amounts): 2017 2016 2015 Number of shares outstanding under options, warrants and restricted stock units 90 1,654 1,829 Range of exercise prices for options $ 27.77 - $ 32.85 $ 17.49 - $ 62.06 $ 19.18 - $ 62.06

RESTRUCTURING, IMPAIRMENT AND29

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: (Tables)	12 Months Ended
	Mar. 31, 2017
RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:
Summary of restructuring activity	The following table summarizes the restructuring activity included in gains, losses and other items, net in the consolidated statements of operations for the fiscal years ended March 31, 2017, 2016 and 2015 (dollars in thousands): Associate-related Lease reserves accruals Total March 31, 2014 $ 6,542 $ 1,513 $ 8,055 Restructuring charges and adjustments 13,284 6,500 19,784 Payments (12,615) (2,785) (15,400) March 31, 2015 $ 7,211 $ 5,228 $ 12,439 Restructuring charges and adjustments 8,630 3,002 11,632 Payments (12,986) (4,706) (17,692) March 31, 2016 $ 2,855 $ 3,524 $ 6,379 Restructuring charges and adjustments 3,755 2,985 6,740 Payments (4,210) (2,201) (6,411) March 31, 2017 $ 2,400 $ 4,308 $ 6,708
Schedule of gains, losses and other items	Gains, losses and other items for each of the years presented are as follows (dollars in thousands): 2017 2016 2015 Restructuring plan charges and adjustments $ 6,740 $ 11,632 $ 19,784 Other restructuring charges 2,125 381 1,976 Write-off of accumulated foreign currency translation in Brazil 1,315 — — Gain on disposition of assets (2,986) — — Acquisition-related costs 1,365 — 820 Other (186) 119 20 $ 8,373 $ 12,132 $ 22,600

ACQUISITIONS_ (Tables)

ACQUISITIONS: (Tables)	12 Months Ended
	Mar. 31, 2017
Schedule of estimated fair values of assets acquired and liabilities assumed	The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of the acquisitions (dollars in thousands): Assets acquired: Cash $ 9,495 Trade accounts receivable 3,352 Goodwill 105,670 Intangible assets (Other assets) 40,800 Other current and noncurrent assets 278 Total assets acquired 159,595 Deferred income taxes (8,093) Accounts payable and accrued expenses (4,623) Net assets acquired 146,879 Less: Cash acquired (9,495) Net cash paid $ 137,384
Schedule of components of intangible assets acquired and their estimated useful lives	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) Publisher relationships $ Developed technology 2 to 4 Customer relationships Trade name Total intangible assets $
Arbor and Circulate
Schedule of unaudited pro forma financial information	The unaudited pro forma financial information was as follows (dollars in thousands, except per share data): 2017 2016 Revenues $ 887,495 $ 853,249 Net loss from continuing operations $ (17,025) $ (38,903) Basic and diluted loss per share from continuing operations $ (0.22) $ (0.30)
LiveRamp, Inc.
Schedule of estimated fair values of assets acquired and liabilities assumed	The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of the date of the acquisition (dollars in thousands): July 1, 2014 Assets acquired: Cash $ Trade accounts receivable Deferred income tax assets Goodwill Developed technology (Software) Other intangible assets (Other assets, net) Other current and noncurrent assets Deferred income tax liabilities (18,945) Accounts payable, accrued expenses and deferred revenue (4,954) Net assets acquired Less: Cash acquired Net purchase price allocated $ Less: Fair value of stock options issued included in purchase price Net cash paid $
Schedule of acquisition date fair value of consideration transferred	The acquisition date fair value of the consideration transferred for LiveRamp was approximately $272.7 million which consisted of the following (dollars in thousands): July 1, 2014 Cash, net of $12.0 million cash acquired $ 234,672 Restricted cash held in escrow 31,000 Fair value of stock options issued included in purchase price 6,978 Total fair value of consideration transferred $ 272,650
Schedule of intangible assets acquired	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 $ Customer relationships Trade name Total intangible assets subject to amortization $
Allant Television Division
Schedule of estimated fair values of assets acquired and liabilities assumed	The following table presents the purchase price allocation related to assets acquired and liabilities assumed (dollars in thousands): December 1, 2015 Assets acquired: Trade accounts receivable $ 499 Goodwill 1,377 Developed technology (Software) 2,700 Other intangible assets (Other assets, net) 1,400 Net assets acquired 5,976 Accounts payable (590) Net cash paid $ 5,386

DISCONTINUED OPERATIONS AND D31

DISCONTINUED OPERATIONS AND DISPOSITIONS: (Tables)	12 Months Ended
	Mar. 31, 2017
Schedule of Cash inflows, outflows, revenues and expenses	The related cash inflows and outflows and revenues and expenses for the periods reported are shown below (dollars in thousands): 2017 2016 Cash inflows $ 7,214 $ 4,728 Cash outflows $ 4,140 $ 4,165 Revenues $ 6,470 $ 4,650 Expenses $ 3,284 $ 4,617
Zeta Interactive | Sale to Zeta
Schedule of summary results of operations for discontinued operations	Revenue and income (loss) from operations from the disposed Impact email business are shown below (dollars in thousands): 2017 2016 2015 Revenues $ 20,375 $ 60,199 $ 64,634 Income (loss) from operations $ (157) $ 10,105 $ 18,659
ITO | Sale to ITO
Schedule of carrying amounts of major classes of assets and liabilities of discontinued operations	The following table is a reconciliation of the major classes of line items constituting earnings from discontinued operations, net of tax (dollars in thousands): 2016 2015 Major classes of line items constituting earnings from discontinued operations, net of tax: Revenues $ 69,410 $ 215,148 Cost of revenue 50,837 167,524 Gross profit 18,573 47,624 Operating expenses: Sales and marketing 1,192 2,771 General and administrative 6,053 10,736 Gain on sale of discontinued operations (9,349) — Gains, losses and other items, net 367 2,037 Total operating expenses (1,737) 15,544 Earnings from discontinued operations 20,310 32,080 Interest expense (681) (2,378) Other, net (230) (334) Earnings from discontinued operations before income taxes 19,399 29,368 Income taxes 3,598 11,973 Earnings from discontinued operations, net of tax $ 15,801 $ 17,395
U.K. call center operation, 2 Touch | Discontinued operations, held-for-sale or disposed of by sale
Schedule of summary results of operations for discontinued operations	Summary results of operations of the 2Touch business unit for the fiscal years ended March 31, 2016 and 2015, respectively, are segregated and included in earnings from discontinued operations, net of tax, in the consolidated statements of operations and consists of (dollars in thousands): 2016 2015 Revenues $ — $ 8,484 Earnings (loss) from discontinued operations before income taxes $ (450) $ 4 Loss on sale of discontinued operations before income taxes — (1,888) Loss from discontinued operations, net of tax $ (450) $ (1,884)

OTHER CURRENT AND NONCURRENT 32

OTHER CURRENT AND NONCURRENT ASSETS: (Tables)	12 Months Ended
	Mar. 31, 2017
OTHER CURRENT AND NONCURRENT ASSETS:
Schedule of components of other current assets	Other current assets consist of the following (dollars in thousands): March 31, March 31, 2017 2016 Prepaid expenses and other $ 25,714 $ 25,365 Escrow deposit (see Note 3 - Acquisitions) 5,880 — Note receivable (see Note 4 – Discontinued Operations and Dispositions) 4,000 — Assets of non-qualified retirement plan 12,716 12,532 Other current assets $ 48,310 $ 37,897
Schedule of components of other noncurrent assets	Other noncurrent assets consist of the following (dollars in thousands): March 31, March 31, 2017 2016 Acquired intangible assets, net $ 43,884 $ 19,203 Deferred data acquisition costs 1,116 1,644 Other miscellaneous noncurrent assets 6,443 4,468 Noncurrent assets $ 51,443 $ 25,315

OTHER ACCRUED EXPENSES_ (Tables

OTHER ACCRUED EXPENSES: (Tables)	12 Months Ended
	Mar. 31, 2017
OTHER ACCRUED EXPENSES:
Schedule of other accrued expenses	Other accrued expenses consist of the following (dollars in thousands): March 31, March 31, 2017 2016 Accrued purchase consideration (see Note 3 - Acquisitions) $ 5,880 $ — Other accrued expenses 53,981 48,254 Other accrued expenses $ 59,861 $ 48,254

GOODWILL AND INTANGIBLE ASSET34

GOODWILL AND INTANGIBLE ASSETS: (Tables)	12 Months Ended
	Mar. 31, 2017
GOODWILL AND INTANGIBLE ASSETS
Schedule of goodwill by operating segment and activity and by component included in each segment	Goodwill by operating segment and activity for the years ended March 31, 2017 and 2016 was as follows (dollars in thousands). Marketing Services and Audience Marketing Audience Solutions Services Solutions Connectivity Total Balance at March 31, 2015 $ 497,362 $ — $ — $ — $ 497,362 Brazil Impairment (502) — — — (502) Reallocation of segments (496,860) 124,627 277,516 94,717 — Acquisition of Allant — — 1,377 — 1,377 APAC Audience Solutions Impairment — — (5,413) — (5,413) Change in foreign currency translation adjustment — (41) (50) 12 (79) Balance at March 31, 2016 $ — $ 124,586 $ 273,430 $ 94,729 $ 492,745 Acquisitions of Arbor and Circulate (see note 3) — — — 105,670 105,670 Impact email disposition (see note 4) — (5,684) — — (5,684) Allant purchase accounting adjustments — — 18 — 18 Change in foreign currency translation adjustment — (12) — (6) (18) Balance at March 31, 2017 $ — $ 118,890 $ 273,448 $ 200,393 $ 592,731 Year end balances in the table above are net of accumulated impairment losses of $120.1 million at March 31, 2017 and 2016, respectively. Goodwill by component included in each operating segment as of March 31, 2017 was: Marketing Audience Services Solutions Connectivity Total U.S. $ 110,910 $ 273,448 $ 196,833 $ 581,191 APAC 7,980 — 3,560 11,540 Balance at March 31, 2017 $ 118,890 $ 273,448 $ 200,393 $ 592,731
Schedule of amortization activity of intangible assets	The following table shows the amortization activity of intangible assets (dollars in thousands): 2017 2016 2015 Developed technology, gross (Software) $ 52,150 $ 42,850 $ 42,524 Accumulated amortization (29,775) (17,950) (9,924) Net developed technology $ 22,375 $ 24,900 $ 32,600 Customer/Trade name, gross (Other assets, net) $ 43,164 $ 35,466 $ 34,166 Accumulated amortization (21,702) (16,263) (11,265) Net customer/trade name $ 21,462 $ 19,203 $ 22,901 Publisher relationship, gross (Other assets, net) $ 23,800 $ — $ — Accumulated amortization (1,378) — — Net publisher relationship $ 22,422 $ — $ — Total intangible assets, gross $ 119,114 $ 78,316 $ 76,690 Total accumulated amortization (52,855) (34,213) (21,189) Total intangible assets, net $ 66,259 $ 44,103 $ 55,501 Intangible assets by operating segment as of March 31, 2017 was (dollars in thousands): Marketing Audience Services Solutions Connectivity Total Developed technology — 1,500 20,875 22,375 Customer/Trade name 37 778 20,647 21,462 Publisher relationship — — 22,422 22,422 Balance at March 31, 2017 $ 37 $ 2,278 $ 63,944 $ 66,259
Schedule of estimated future amortization expenses related to purchases and other intangible assets were as follows	As of March 31, 2017, estimated future amortization expenses related to purchases and other intangible assets were as follows (dollars in thousands): Year ending March 31, 2018 $ 24,072 2019 15,213 2020 11,192 2021 7,254 2022 5,150 Thereafter 3,378 $ 66,259

PROPERTY AND EQUIPMENT_ (Tables

PROPERTY AND EQUIPMENT: (Tables)	12 Months Ended
	Mar. 31, 2017
PROPERTY AND EQUIPMENT:
Summary of property and equipment	Property and equipment, some of which has been pledged as collateral for long-term debt, is summarized as follows (dollars in thousands): March 31, March 31, 2017 2016 Land $ 5,398 $ 6,737 Buildings and improvements 189,666 222,868 Data processing equipment 249,131 261,101 Office furniture and other equipment 32,086 37,969 476,281 528,675 Less accumulated depreciation and amortization 320,307 345,632 $ 155,974 $ 183,043

LONG-TERM DEBT_ (Tables)

LONG-TERM DEBT: (Tables)	12 Months Ended
	Mar. 31, 2017
LONG-TERM DEBT:
Schedule of components of long-term debt	Long-term debt consists of the following (dollars in thousands): March 31, March 31, 2017 2016 Term loan credit agreement $ 155,000 $ 185,000 Revolving credit borrowings 70,000 — Other debt and long-term liabilities 5,612 7,856 Total long-term debt 230,612 192,856 Less current installments 39,819 32,243 Less deferred debt financing costs 1,552 2,716 Long-term debt, excluding current installments and deferred debt financing costs $ 189,241 $ 157,897
Schedule of future obligations, excluding interest, under long-term debt	The Company’s future obligations, excluding interest, under its long-term debt at March 31, 2017 are as follows (dollars in thousands): Year ending March 31, 2018 $ 39,819 2019 189,083 2020 1,362 2021 348 $ 230,612

ALLOWANCE FOR DOUBTFUL ACCOUN37

ALLOWANCE FOR DOUBTFUL ACCOUNTS: (Tables)	12 Months Ended
	Mar. 31, 2017
ALLOWANCE FOR DOUBTFUL ACCOUNTS:
Summary of activity of allowance for doubtful accounts, returns and credits	A summary of the activity of the allowance for doubtful accounts, returns and credits is as follows (dollars in thousands): Bad debts Balance at Additions written off, beginning charged to net of Balance at of costs and Other amounts end of period expenses changes recovered period 2015: Allowance for doubtful accounts, returns and credits $ 4,875 $ 731 $ (288) $ (895) $ 4,423 2016: Allowance for doubtful accounts, returns and credits $ 4,423 $ 3,673 $ 56 $ (890) $ 7,262 2017: Allowance for doubtful accounts, returns and credits $ 7,262 $ 1,859 $ (372) $ (2,643) $ 6,106

STOCKHOLDERS' EQUITY_ (Tables)

STOCKHOLDERS' EQUITY: (Tables)	12 Months Ended
	Mar. 31, 2017
Schedule of option activity	Weighted-average Weighted-average remaining Aggregate Number of exercise price contractual term Intrinsic value shares per share (in years) (in thousands) Outstanding at March 31, 2016 3,604,102 $ Arbor and Circulate replacement stock options 358,503 $ 1.48 Exercised (855,797) $ 14.04 $ 9,751 Forfeited or cancelled (73,737) $ 13.17 Outstanding at March 31, 2017 3,033,071 $ 13.14 $ 46,574 Exercisable at March 31, 2017 2,128,023 $ 13.79 $ 31,303
Summary of stock options outstanding and exercisable	Options outstanding Options exercisable Range of Weighted-average Weighted-average Weighted-average exercise price Options remaining exercise price Options exercise price per share outstanding contractual life per share exercisable per share $ - $ 824,755 years $ 1.67 433,414 $ 1.70 $ - $ 1,475,505 years $ 15.15 1,166,348 $ 14.46 $ - $ 713,259 years $ 21.72 513,598 $ 21.93 $ - $ 19,552 years $ 32.85 14,663 $ 32.85 3,033,071 years $ 13.14 2,128,023 $ 13.79
Schedule of stock appreciation right (SAR) activity	Weighted-average Weighted-average remaining Aggregate Number exercise price contractual term intrinsic value of shares per share (in years) (in thousands) Outstanding at March 31, 2016 245,404 $ 40.00 Outstanding at March 31, 2017 245,404 $ 40.00 — $ — Exercisable at March 31, 2017 — $ — — $ —
Schedule of non-vested time-vesting restricted stock units activity	Weighted-average Weighted-average fair value per remaining Number share at grant contractual of shares date term (in years) Outstanding at March 31, 2016 2,279,895 $ 19.69 Granted 2,309,183 $ 24.01 Vested (1,013,186) $ 20.04 Forfeited or cancelled (268,315) $ 20.02 Outstanding at March 31, 2017 3,307,577 $ 22.57
Schedule of non-vested performance-based restricted stock units activity	Weighted-average Weighted-average fair value per remaining Number share at contractual of shares grant date term (in years) Outstanding at March 31, 2016 516,818 $ 18.62 Granted 263,835 $ Forfeited or cancelled (47,942) $ Outstanding at March 31, 2017 732,711 $
Schedule of other performance unit activity	Weighted average Weighted-average fair value per remaining Number share at contractual of shares grant date term (in years) Outstanding at March 31, 2016 635,655 $ 4.07 1.30 Forfeited or cancelled (38,462) $ Outstanding at March 31, 2017 597,193 $ 4.14 0.30
Schedule of accumulated balances for each component of other comprehensive income	The accumulated balances for each component of other comprehensive income was (dollars in thousands): March 31, March 31, 2017 2016 Foreign currency translation $ 7,999 $ 8,705 Unrealized gain (loss) on interest rate swap — (115) $ 7,999 $ 8,590
Performance stock
Schedule of stock appreciation right (SAR) activity	Weighted-average Weighted-average remaining Aggregate Number exercise price contractual term intrinsic value of shares per share (in years) (in thousands) Outstanding at March 31, 2016 — $ — Granted 633,604 $ 21.40 Forfeited or cancelled (78,481) $ 21.36 Outstanding at March 31, 2017 555,123 $ 21.41 $ 3,921 Exercisable at March 31, 2017 — $ — — $ —

INCOME TAXES_ (Tables)

INCOME TAXES: (Tables)	12 Months Ended
	Mar. 31, 2017
INCOME TAXES:
Schedule of allocation of total income tax expense (benefit)	Total income tax expense (benefit) was allocated as follows (dollars in thousands): 2017 2016 2015 Earnings (loss) from continuing operations $ 4,534 $ (11,632) $ (14,805) Earnings from discontinued operations — 3,598 11,973 Stockholders’ equity: Tax shortfall (excess tax benefits) from share-based compensation (2,183) 293 (4,645) $ 2,351 $ (7,741) $ (7,477)
Schedule of income tax expense (benefit) attributable to loss from continuing operations	Income tax expense (benefit) attributable to earnings (loss) from continuing operations consists of (dollars in thousands): 2017 2016 2015 Current: U.S. Federal $ 9,778 $ (2,410) $ (7,744) Non-U.S. 472 535 164 State 3,102 1,907 (2,260) 13,352 32 (9,840) Deferred: U.S. Federal (3,680) (3,789) (1,064) Non-U.S. 405 (3,220) 326 State (5,543) (4,655) (4,227) (8,818) (11,664) (4,965) Total $ 4,534 $ (11,632) $ (14,805)
Schedule of loss before income tax attributable to U.S. and non-U.S. continuing operations	Earnings (loss) before income tax attributable to U.S. and non-U.S. continuing operations consists of (dollars in thousands): 2017 2016 2015 U.S. $ 7,936 $ (6,952) $ (24,459) Non-U.S. 706 (13,328) (16,888) Total $ 8,642 $ (20,280) $ (41,347)
Schedule of reconciliation of expected income tax benefit computed using U.S. federal statutory income tax rate to actual income tax expense (benefit) from continuing operations	Below is a reconciliation of expected income tax benefit computed using the U.S. federal statutory income tax rate of 35% of earnings (loss) before income taxes to actual income tax expense (benefit) from continuing operations (dollars in thousands): 2017 2016 2015 Computed expected income tax (benefit) $ 3,025 $ (7,098) $ (14,472) Increase (reduction) in income taxes resulting from: State income taxes, net of federal benefit (1,586) (1,796) (441) Research and other tax credits (2,285) (4,027) (6,369) Nondeductible expenses 1,156 661 590 Acxiom Impact disposition (4,502) — — Share-based compensation 3,308 1,857 2,276 Non-U.S. subsidiaries taxed at other than 35% 614 2,468 4,354 Adjustment to valuation allowances 2,896 (3,585) (776) Acquisitions costs 478 — 217 Foreign income inclusion 473 — — Other, net 957 (112) (184) $ 4,534 $ (11,632) $ (14,805)
Schedule of components of deferred tax assets and liabilities	2017 2016 Deferred tax assets: Accrued expenses $ 9,517 $ 11,525 Deferred revenue 534 1,612 Net operating loss and tax credit carryforwards 60,817 57,370 Share-based compensation 19,854 12,706 Capital loss carryforward 3,414 — Other 2,691 5,242 Total deferred tax assets 96,827 88,455 Less valuation allowance (47,074) (46,602) Net deferred tax assets 49,753 41,853 Deferred tax liabilities: Intangible assets $ (77,785) $ (65,084) Capitalized software costs (11,582) (14,143) Property and equipment (8,499) (9,705) Total deferred tax liabilities (97,866) (88,932) Net deferred tax liabilities $ (48,113) $ (47,079)
Schedule of changes in total gross unrecognized tax benefits	The following table sets forth changes in the total gross unrecognized tax benefits for the fiscal years ended March 31, 2017, 2016 and 2015 (dollars in thousands): 2017 2016 2015 Balance at beginning of period $ 10,906 $ 9,711 $ 2,457 Increases related to prior year tax positions 307 1,717 292 Decreases related to prior year tax positions (466) (1,227) (83) Increases related to current year tax positions 2,123 2,035 4,339 Increases resulting from acquisitions — — 2,887 Settlements with taxing authorities — (1,330) — Lapse of statute of limitations — — (181) Balance at end of period $ 12,870 $ 10,906 $ 9,711

FOREIGN OPERATIONS_ (Tables)

FOREIGN OPERATIONS: (Tables)	12 Months Ended
	Mar. 31, 2017
FOREIGN OPERATIONS:
Schedule of financial information by geographic area	The following table shows financial information by geographic area for the years 2017, 2016 and 2015 (dollars in thousands): Revenue 2017 2016 2015 United States $ 807,387 $ 770,043 $ 709,133 Foreign Europe $ 55,427 $ 52,562 $ 59,958 APAC 17,433 25,138 32,658 Other — 2,345 3,162 All Foreign $ 72,860 $ 80,045 $ 95,778 $ 880,247 $ 850,088 $ 804,911 Long-lived assets excluding financial instruments (dollars in thousands) March 31, 2017 2016 United States $ 843,127 $ 748,123 Foreign Europe $ 9,096 $ 11,899 APAC 13,796 13,817 All Foreign $ 22,892 $ 25,716 $ 866,019 $ 773,839

FINANCIAL INSTRUMENTS_ (Tables)

FINANCIAL INSTRUMENTS: (Tables)	12 Months Ended
	Mar. 31, 2017
FAIR VALUE OF FINANCIAL INSTRUMENTS:
Schedule of financial assets and liabilities measured at fair value	The following table presents the balances of financial assets and liabilities measured at fair value as of March 31, 2017 and 2016 (dollars in thousands): As of March 31, 2017 Level 1 Level 2 Level 3 Total Assets: Other current assets $ 12,716 $ — $ — $ 12,716 Total assets $ 12,716 $ — $ — $ 12,716 As of March 31, 2016 Level 1 Level 2 Level 3 Total Assets: Other current assets $ 12,532 $ — $ — $ 12,532 Total assets $ 12,532 $ — $ — $ 12,532 Liabilities: Other accrued expenses $ — $ 115 $ — $ 115 Total liabilities $ — $ 115 $ — $ 115

SEGMENT INFORMATION_ (Tables)

SEGMENT INFORMATION: (Tables)	12 Months Ended
	Mar. 31, 2017
SEGMENT INFORMATION:
Schedule of information by business segment	The following table presents information by business segment (dollars in thousands): 2017 2016 2015 Revenues: Marketing Services $ 410,840 $ 449,772 $ 446,103 Audience Solutions 322,065 297,846 303,836 Connectivity 147,342 102,470 54,972 Total segment revenues $ 880,247 $ 850,088 $ 804,911 Gross profit (1) : Marketing Services $ 140,647 $ 152,258 $ 156,395 Audience Solutions 198,185 167,715 158,386 Connectivity 88,251 61,199 13,322 Total segment gross profit $ 427,084 $ 381,172 $ 328,103 Income (loss) from operations (1) : Marketing Services $ 80,622 $ 74,371 $ 81,247 Audience Solutions 123,238 109,598 115,078 Connectivity 5,333 (3,298) (40,069) Total segment income from operations $ 209,193 $ 180,671 $ 156,256 Depreciation and amortization: Marketing Services $ 7,549 $ 9,988 $ 12,280 Audience Solutions 13,286 12,909 12,652 Connectivity 21,906 19,932 16,469 Total depreciation and amortization $ 42,741 $ 42,829 $ 41,401 (1) Gross profit and Income (loss) from operations reflect only the direct and allocable controllable costs of each segment and do not include allocations of corporate expenses (primarily general and administrative expenses) and gains, losses, and other items, net. Additionally, Gross profit and Income (loss) from operations do not reflect non-cash stock compensation expense and purchased intangible asset amortization.
Reconciliation of total operating segment gross profit to total gross profit and total operating segment income from operations to loss from operations	The following table reconciles total operating segment gross profit to gross profit and total operating segment income from operations to income (loss) from operations (dollars in thousands): 2017 2016 2015 Total segment gross profit $ 427,084 $ 381,172 $ 328,103 Less: Purchased intangible asset amortization 18,644 15,466 11,454 Non-cash stock compensation 5,879 2,150 1,459 Accelerated amortization — 1,850 4,316 Gross profit $ 402,561 $ 361,706 $ 310,874 Total segment income from operations $ 209,193 $ 180,671 $ 156,256 Less: Corporate expenses (principally general and administrative) 117,342 127,844 126,570 Gains, losses and other items, net 8,373 12,132 22,600 Impairment of goodwill and other — 6,829 — Purchased intangible asset amortization 18,644 15,466 11,454 Non-cash stock compensation 49,145 31,463 28,316 Income (loss) from operations $ 15,689 $ (13,063) $ (32,684)

UNAUDITED SELECTED QUARTERLY 43

UNAUDITED SELECTED QUARTERLY FINANCIAL DATA: (Tables)	12 Months Ended
	Mar. 31, 2017
UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:
Schedule of unaudited selected quarterly financial data	Quarter ended Quarter ended Quarter ended Quarter ended June 30, September 30, December 31, March 31, (dollars in thousands except per-share amounts) 2016 2016 2016 2017 Revenue $ 214,801 $ 217,267 $ 223,312 $ 224,867 Gross profit 91,982 97,162 106,844 106,573 Income (loss) from operations 8,162 7,120 9,115 (8,709) Net earnings (loss) 3,976 7,140 1,073 (8,081) Basic earnings (loss) per share: Net earnings (loss) 0.05 0.09 0.01 (0.10) Diluted earnings (loss) per share: Net earnings (loss) 0.05 0.09 0.01 (0.10) Quarter ended Quarter ended Quarter ended Quarter ended June 30, September 30, December 31, March 31, (dollars in thousands except per-share amounts) 2015 2015 2015 2016 Revenue $ 196,895 $ 207,345 $ 221,193 $ 224,655 Gross profit 79,186 86,033 95,458 101,029 Loss from operations (2,869) (2,056) (374) (7,764) Earnings (loss) from discontinued operations, net of tax 4,143 12,068 (971) 111 Net earnings (loss) (1,039) 10,723 (1,410) (1,571) Basic earnings (loss) per share: Continuing operations (0.07) (0.02) (0.01) (0.02) Discontinued operations 0.05 0.15 (0.01) Net earnings (loss) (0.01) 0.14 (0.02) (0.02) Diluted earnings (loss) per share: Continuing operations (0.07) (0.02) (0.01) (0.02) Discontinued operations 0.05 0.15 (0.01) Net earnings (loss) (0.01) 0.14 (0.02) (0.02)

SUMMARY OF SIGNIFICANT ACCOUN44

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Impairment, Advertising Expenses: (Details) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Accounts Receivable
Unbilled amounts included in accounts receivable		$ 14,300			$ 14,100	$ 14,300
Asset impairment charges
Goodwill impairment	$ 0		$ 0
Impairment of other long-lived assets						900
Advertising Expense
Advertising expense					$ 9,300	5,900	$ 5,000
Brazil reporting unit
Asset impairment charges
Goodwill impairment						502
APAC reporting unit
Asset impairment charges
Goodwill impairment						5,413
Minimum
Internally developed software
Amortization period					2 years
Data Acquisition Costs
Estimated useful life of data					2 years
Minimum | Data processing equipment
Property and equipment and software
Estimated useful lives					2 years
Minimum | Office furniture and other equipment
Property and equipment and software
Estimated useful lives					3 years
Minimum | Developed technology.
Internally developed software
Amortization period					2 years
Maximum
Internally developed software
Amortization period					10 years
Purchased software licenses
Amortization period					5 years
Data Acquisition Costs
Estimated useful life of data					7 years
Maximum | Buildings and improvements
Property and equipment and software
Estimated useful lives					30 years
Maximum | Data processing equipment
Property and equipment and software
Estimated useful lives					5 years
Maximum | Office furniture and other equipment
Property and equipment and software
Estimated useful lives					7 years
Maximum | Developed technology.
Internally developed software
Amortization period					5 years
Marketing Services and Audience Solutions | Brazil reporting unit
Asset impairment charges
Asset impairment charges				$ 700
Goodwill impairment				500		502
Impairment of other long-lived assets				$ 200
Marketing Services and Audience Solutions | APAC reporting unit
Asset impairment charges
Asset impairment charges		6,100
Goodwill impairment		5,400
Impairment of other long-lived assets		$ 700			$ 0
Audience Solutions | APAC reporting unit
Asset impairment charges
Goodwill impairment						$ 5,413

SUMMARY OF SIGNIFICANT ACCOUN45

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: - Earnings (Loss) per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Basic earnings (loss) per share:
Net loss from continuing operations									$ 4,108	$ (8,648)	$ (26,542)
Earnings from discontinued operations, net of tax					$ 111	$ (971)	$ 12,068	$ 4,143		15,351	15,511
Net earnings (loss)									$ 4,108	$ 6,703	$ (11,031)
Basic weighted-average shares outstanding									77,609	77,616	77,106
Continuing operations (in dollars per share)									$ 0.05	$ (0.11)	$ (0.34)
Net earnings from discontinued operations (in dollars per share)					$ 0	$ (0.01)	$ 0.15	$ 0.05		0.20	0.20
Net earnings (loss) (in dollars per share)									$ 0.05	$ 0.09	$ (0.14)
Diluted earnings (loss) per share:
Basic weighted-average shares outstanding									77,609	77,616	77,106
Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method (in shares)									2,239
Diluted weighted-average shares outstanding									79,848	77,616	77,106
Continuing operations (in dollars per share)					(0.02)	(0.01)	(0.02)	(0.07)	$ 0.05	$ (0.11)	$ (0.34)
Discontinued operations (in dollars per share)					0	(0.01)	0.15	0.05		0.20	0.20
Net earnings (loss) (in dollars per share)	$ (0.10)	$ 0.01	$ 0.09	$ 0.05	$ (0.02)	$ (0.02)	$ 0.14	$ (0.01)	$ 0.05	$ 0.09	$ (0.14)
Minimum
Stockholders' Equity
Number of shares outstanding under options, warrants and restricted stock units (in shares)									90	1,654	1,829
Options, warrants and restricted stock units, first group
Stockholders' Equity
Number of shares outstanding under options, warrants and restricted stock units (in shares)										1,500	1,400
Options, warrants and restricted stock units, additional group
Stockholders' Equity
Number of shares outstanding under options, warrants and restricted stock units (in shares)									90	1,654	1,829
Options, warrants and restricted stock units, additional group | Minimum
Stockholders' Equity
Range of exercise prices for options (in dollars per share)									$ 27.77	$ 17.49	$ 19.18
Options, warrants and restricted stock units, additional group | Maximum
Stockholders' Equity
Range of exercise prices for options (in dollars per share)									$ 32.85	$ 62.06	$ 62.06

SUMMARY OF SIGNIFICANT ACCOUN46

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: - Share-based Compensation (Details)	12 Months Ended
	Mar. 31, 2017
Incentive stock option | Minimum
Share-based compensation plans
Exercise price as a percentage of the per-share market value of the Company's shares at the date of grant	100.00%
Incentive stock option | Maximum
Share-based compensation plans
Duration of stock options granted	10 years
Nonqualified options | Maximum
Share-based compensation plans
Duration of stock options granted	10 years

RESTRUCTURING, IMPAIRMENT AND47

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Restructuring activity
Restructuring plan charges and adjustments	$ 6,740	$ 11,632	$ 19,784
Continuing operations
Restructuring activity
Balance at the beginning of the period	6,379	12,439	8,055
Restructuring plan charges and adjustments	6,740	11,632	19,784
Payments	(6,411)	(17,692)	(15,400)
Balance at the end of the period	6,708	6,379	12,439
Fiscal 2017 | Gains, losses and other items, net
Restructuring activity
Restructuring plan charges and adjustments	8,900
Fiscal 2016 | Gains, losses and other items, net
Restructuring activity
Restructuring plan charges and adjustments		12,000
Fiscal 2015 | Gains, losses and other items, net
Restructuring activity
Restructuring plan charges and adjustments			21,800
Fiscal 2015 | Gains, losses and other items, net | France
Restructuring activity
Restructuring plan charges and adjustments		3,000
Adjustments		1,400
Associate-related reserves | Continuing operations
Restructuring activity
Balance at the beginning of the period	2,855	7,211	6,542
Restructuring plan charges and adjustments	3,755	8,630	13,284
Payments	(4,210)	(12,986)	(12,615)
Balance at the end of the period	2,400	2,855	7,211
Associate-related reserves | Fiscal 2017 | United States Europe And Australia [Member]
Restructuring activity
Restructuring plan charges and adjustments	3,800
Associate-related reserves | Fiscal 2017 | Gains, losses and other items, net
Restructuring activity
Restructuring plan charges and adjustments	3,800
Associate-related reserves | Fiscal 2016 | United States, Europe, Brazil and Australia
Restructuring activity
Restructuring plan charges and adjustments		8,600
Balance at the end of the period	1,000
Associate-related reserves | Fiscal 2016 | United States Europe And Australia [Member]
Restructuring activity
Restructuring plan charges and adjustments	1,300
Balance at the end of the period	1,200
Associate-related reserves | Fiscal 2016 | Gains, losses and other items, net
Restructuring activity
Restructuring plan charges and adjustments		8,600
Associate-related reserves | Fiscal 2015 | United States, Australia, China and Europe
Restructuring activity
Restructuring plan charges and adjustments			13,300
Associate-related reserves | Fiscal 2015 | Gains, losses and other items, net
Restructuring activity
Restructuring plan charges and adjustments			13,300
Associate-related reserves | Fiscal 2014 | United States, Australia, China and Europe
Restructuring activity
Restructuring plan charges and adjustments			700
Balance at the end of the period	200
Ongoing contract costs | Continuing operations
Restructuring activity
Balance at the beginning of the period	3,524	5,228	1,513
Restructuring plan charges and adjustments	2,985	3,002	6,500
Payments	(2,201)	(4,706)	(2,785)
Balance at the end of the period	4,308	3,524	5,228
Ongoing contract costs | Fiscal 2017
Restructuring activity
Restructuring plan charges and adjustments	3,000
Balance at the end of the period	3,000
Ongoing contract costs | Fiscal 2016 | Gains, losses and other items, net
Restructuring activity
Restructuring plan charges and adjustments		3,000
Ongoing contract costs | Fiscal 2015
Restructuring activity
Balance at the end of the period	1,300
Ongoing contract costs | Fiscal 2015 | Gains, losses and other items, net
Restructuring activity
Balance at the beginning of the period	200
Restructuring plan charges and adjustments			6,500
Balance at the end of the period		200
Ongoing contract costs | Fiscal 2015 | Gains, losses and other items, net | France
Restructuring activity
Restructuring plan charges and adjustments		1,400
Write-off of leasehold improvements | Fiscal 2017
Restructuring activity
Restructuring plan charges and adjustments	$ 2,100
Write-off of leasehold improvements | Fiscal 2016 | Gains, losses and other items, net
Restructuring activity
Restructuring plan charges and adjustments		$ 400
Write-off of leasehold improvements | Fiscal 2015 | Gains, losses and other items, net
Restructuring activity
Restructuring plan charges and adjustments			$ 2,000

RESTRUCTURING, IMPAIRMENT AND48

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: - Gains, Losses and Other Items (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Gains, Losses and Other Items
Restructuring plan charges and adjustments	$ 6,740	$ 11,632	$ 19,784
Other restructuring charges	2,125	381	1,976
Write-off of accumulated foreign currency translation in Brazil	1,315
Gain on disposition of assets	(2,986)
Acquisition-related costs	1,365		820
Other	(186)	119	20
Gains, losses and other items, net	$ 8,373	$ 12,132	$ 22,600

ACQUISITIONS_ (Details)

ACQUISITIONS: (Details) $ in Thousands	Nov. 29, 2016USD ($)	Nov. 22, 2016USD ($)item	Nov. 20, 2016USD ($)	Nov. 29, 2015USD ($)	Jul. 01, 2014USD ($)	Mar. 31, 2017USD ($)item	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)
Business Acquisition [Line Items]
Holdback consideration transferred		$ 38,300				$ 38,300
Number of increments | item						30
Accrued purchase consideration (see Note 3 - Acquisitions)						$ 5,880
Assets acquired:
Goodwill						592,731	$ 492,745	$ 497,362
Net cash paid						137,383	5,386	265,672
Amounts of revenue and net loss
Intangible asset amortization						18,600	15,500	11,400
Non-cash stock-based compensation expense						$ 49,145	31,463	$ 28,316
Circulate Inducement Awards | All Other employees
Business Acquisition [Line Items]
Vesting period (in years)	4 years
Circulate Inducement Awards | Vesting on first anniversary on closing date | All Other employees
Business Acquisition [Line Items]
Vesting percentage	25.00%
Circulate Inducement Awards | Vesting each twelve months thereafter | All Other employees
Business Acquisition [Line Items]
Vesting percentage	25.00%
Performance stock | Vesting on first anniversary on closing date | Minimum
Business Acquisition [Line Items]
Vesting percentage						0.00%
Performance stock | Vesting on first anniversary on closing date | Maximum
Business Acquisition [Line Items]
Vesting percentage						300.00%
Arbor and Circulate
Business Acquisition [Line Items]
Aggregate fair value						$ 9,200
Assets acquired:
Cash	$ 9,495
Trade accounts receivable, net	3,352
Goodwill	105,670
Intangible assets (Other assets, net)	40,800			$ 40,800
Other current and noncurrent assets	278
Total assets acquired	159,595
Deferred income tax liabilities	(8,093)
Accounts payable and accrued expenses	(4,623)
Net assets acquired	146,879
Net cash paid	137,384
Amounts of revenue and net loss
Acquisition costs						$ 1,400
Arbor and Circulate | Minimum
Assets acquired:
Intangible assets, useful lives						1 year
Arbor and Circulate | Maximum
Assets acquired:
Intangible assets, useful lives						6 years
Arbor and Circulate | Publisher relationships
Assets acquired:
Intangible assets (Other assets, net)				$ 23,800
Intangible assets, useful lives				6 years
Arbor and Circulate | Developed technology
Assets acquired:
Intangible assets (Other assets, net)				$ 9,300
Arbor and Circulate | Developed technology | Minimum
Assets acquired:
Intangible assets, useful lives				2 years
Arbor and Circulate | Developed technology | Maximum
Assets acquired:
Intangible assets, useful lives				4 years
Arbor and Circulate | Customer relationships
Assets acquired:
Intangible assets (Other assets, net)				$ 7,100
Intangible assets, useful lives				6 years
Arbor and Circulate | Customer/Trade name
Assets acquired:
Intangible assets (Other assets, net)				$ 600
Intangible assets, useful lives				1 year
Arbor
Business Acquisition [Line Items]
Holdback consideration transferred		$ 38,300
Number of increments | item		30
Arbor | Arbor Inducement Awards
Business Acquisition [Line Items]
Grant date fair value			$ 10,400
Vesting period (in years)			3 years
Arbor | Arbor Inducement Awards | Vesting on first anniversary on closing date
Business Acquisition [Line Items]
Vesting percentage			34.00%
Arbor | Arbor Inducement Awards | Vesting each three months thereafter
Business Acquisition [Line Items]
Vesting percentage			8.25%
Circulate
Business Acquisition [Line Items]
Accrued purchase consideration (see Note 3 - Acquisitions)	$ 5,900
Period for delivering funds to the seller	1 year
Circulate | Circulate Inducement Awards
Business Acquisition [Line Items]
Grant date fair value	$ 10,000
Vesting period (in years)	2 years
Circulate | Circulate Inducement Awards | Vesting on first anniversary on closing date
Business Acquisition [Line Items]
Vesting percentage	50.00%
Circulate | Circulate Inducement Awards | Vesting each three months thereafter
Business Acquisition [Line Items]
Vesting percentage	12.50%
LiveRamp, Inc.
Assets acquired:
Cash					$ 12,016
Trade accounts receivable, net					5,206
Goodwill					213,093
Deferred income tax liabilities					(18,945)
Net assets acquired					284,666
Less: Cash acquired					12,016
Net cash paid					$ 265,672
Amounts of revenue and net loss
Revenues							27,000
Net loss							$ (16,500)
LiveRamp, Inc. | Minimum
Assets acquired:
Intangible assets, useful lives					2 years
LiveRamp, Inc. | Maximum
Assets acquired:
Intangible assets, useful lives					6 years
LiveRamp, Inc. | Customer relationships
Assets acquired:
Intangible assets, useful lives					6 years
LiveRamp, Inc. | Customer/Trade name
Assets acquired:
Intangible assets, useful lives					2 years

ACQUISITIONS_ - Pro-forma infor

ACQUISITIONS: - Pro-forma information (Details) - Arbor and Circulate - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Pro Forma Information
Revenues	$ 887,495	$ 853,249
Net loss from continuing operations	$ (17,025)	$ (38,903)
Basic and diluted loss per share from continuing operations	$ (0.22)	$ (0.30)

ACQUISITIONS_ - Allant (Details

ACQUISITIONS: - Allant (Details) - USD ($) $ in Thousands	Dec. 01, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Purchase price allocation
Goodwill		$ 592,731	$ 492,745	$ 497,362
Allant Television Division
Business acquisitions
Cash purchase price	$ 5,400
Purchase price allocation
Accounts receivable	499
Goodwill	1,377
Total assets	5,976
Accounts payable	(590)
Net assets acquired	5,386
Allant Television Division | Developed technology.
Purchase price allocation
Intangible assets	2,700
Allant Television Division | Other intangible assets
Purchase price allocation
Intangible assets	$ 1,400

ACQUISITIONS_ - Fair Value of t

ACQUISITIONS: - Fair Value of the Consideration Transferred for LiveRamp (Details) - USD ($) $ in Thousands	Jul. 01, 2014	Mar. 31, 2015	Mar. 31, 2017
Stock options
Acquisition date fair value of consideration transferred
Amount allocated to future services to be expensed over remaining service periods			$ 11,600
Stock options | Awarded July 1, 2014 | LiveRamp Employees
Acquisition date fair value of consideration transferred
Total fair value of stock options issued	$ 30,500
Amount allocated to future services to be expensed over remaining service periods	23,500
Stock options | LiveRamp Employees
Acquisition date fair value of consideration transferred
Fair value of stock options issued included in purchase price		$ 7,000
Amount allocated to future services to be expensed over remaining service periods		$ 23,500
LiveRamp, Inc.
Acquisition date fair value of consideration transferred
Cash, net of $12.0 million cash acquired	234,672
Restricted cash held in escrow	31,000
Total fair value of consideration transferred	$ 272,650
Contractual term for settlement of purchase escrow	1 year
LiveRamp, Inc. | Stock options
Acquisition date fair value of consideration transferred
Fair value of stock options issued included in purchase price	$ 6,978

ACQUISITIONS_ - Summary of the

ACQUISITIONS: - Summary of the estimated fair values of assets acquired and liabilities assumed for LiveRamp (Details) - USD ($) $ in Thousands	Jul. 01, 2014	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Purchase price allocation
Goodwill		$ 592,731	$ 492,745	$ 497,362
Less:
Net cash paid		$ 137,383	$ 5,386	$ 265,672
LiveRamp, Inc.
Purchase price allocation
Cash	$ 12,016
Trade accounts receivable, net	5,206
Deferred income tax assets	10,444
Goodwill	213,093
Intangible assets	66,500
Other current and noncurrent assets	1,306
Total assets	308,565
Deferred income tax liabilities	(18,945)
Accounts payable, accrued expenses and deferred revenue	(4,954)
Net assets acquired	284,666
Less:
Cash acquired	12,016
Net purchase price allocated	272,650
Net cash paid	$ 265,672
LiveRamp, Inc. | Minimum
Intangible assets
Amortization lives for intangibles	2 years
LiveRamp, Inc. | Maximum
Intangible assets
Amortization lives for intangibles	6 years
LiveRamp, Inc. | Developed technology.
Purchase price allocation
Intangible assets	$ 40,000
Intangible assets
Amortization lives for intangibles	4 years
LiveRamp, Inc. | Other intangible assets
Purchase price allocation
Intangible assets	$ 26,500
LiveRamp, Inc. | Customer relationships
Purchase price allocation
Intangible assets	$ 25,000
Intangible assets
Amortization lives for intangibles	6 years
LiveRamp, Inc. | Customer/Trade name
Purchase price allocation
Intangible assets	$ 1,500
Intangible assets
Amortization lives for intangibles	2 years
LiveRamp, Inc. | Stock options
Less:
Fair value of stock options issued included in purchase price	$ 6,978

ACQUISITIONS_ - Other Intangibl

ACQUISITIONS: - Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Amortization activity of purchased intangible assets
Intangible assets, gross	$ 119,114	$ 78,316	$ 76,690
Accumulated amortization	(52,855)	(34,213)	(21,189)
Total	66,259	44,103	55,501
Amortization expense	18,600	15,500	11,400
Developed technology.
Amortization activity of purchased intangible assets
Amortization expense	$ 27,500	$ 30,700	$ 29,000

DISCONTINUED OPERATIONS AND D55

DISCONTINUED OPERATIONS AND DISPOSITIONS: - Summary Results of Operations and Carrying Amounts of Major Classes of Assets and Liabilities of ITO (Details) - USD ($) $ in Thousands	Jul. 31, 2015	Aug. 31, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Proceeds from Divestiture of Businesses, Net of Cash Divested [Abstract]
Gain (Loss) on Disposition of Business							$ 300
Operating expenses:
Income from continuing operations before income taxes							8,642	$ (20,280)	$ (41,347)
Income taxes (benefit)								3,598	11,973
Earnings (loss) from discontinued operations, net of tax			$ 111	$ (971)	$ 12,068	$ 4,143		15,351	15,511
Credit Agreement | Maximum
Proceeds from Divestiture of Businesses, Net of Cash Divested [Abstract]
Amount of share repurchases allowed under the financial covenant	$ 100,000
Zeta Interactive | Sale to Zeta
Proceeds from Divestiture of Businesses, Net of Cash Divested [Abstract]
Proceeds from Divestiture of Businesses		$ 22,000
Subordinated promissory note		$ 4,000
Debt Instrument, Interest Rate, Stated Percentage		6.00%
Gain (Loss) on Disposition of Business							300
Income tax benefit							4,300
Major classes of line items constituting earnings (loss) from discontinued operations, net of tax:
Revenues							20,375	60,199	64,634
Operating expenses:
Income from continuing operations before income taxes							$ (157)	10,105	18,659
ITO | Discontinued operations, held-for-sale or disposed of by sale
Major classes of line items constituting earnings (loss) from discontinued operations, net of tax:
Revenues								69,410
Cost of revenue								50,837
Gross profit								18,573
Operating expenses:
Sales and marketing								1,192
General and administrative								6,053
Gain on sale of discontinued operations								(9,349)
Gains, losses and other items, net								367
Total operating expenses								(1,737)
Earnings (loss) from discontinued operations								20,310
Interest expense								(681)
Other, net								(230)
Earnings (loss) from discontinued operations before income								19,399
Income taxes (benefit)								3,598
Earnings (loss) from discontinued operations, net of tax								15,801
ITO | Discontinued operations, held-for-sale or disposed of by sale | Credit Agreement
Operating expenses:
Interest expense								$ (400)	(1,300)
ITO | Sale to ITO
Proceeds from Divestiture of Businesses, Net of Cash Divested [Abstract]
Proceeds from Divestiture of Businesses	131,000
Closing adjustments and transaction costs	9,000
Stated sale price of business	140,000
Gain on the sale	9,300
Disposal Group, Including Discontinued Operation, Consideration	140,000
ITO | Sale to ITO | Maximum
Proceeds from Divestiture of Businesses, Net of Cash Divested [Abstract]
Contingent payments to be received subject to certain performance metrics	$ 50,000
ITO | Discontinued operations held-for-sale
Major classes of line items constituting earnings (loss) from discontinued operations, net of tax:
Revenues									215,148
Cost of revenue									167,524
Gross profit									47,624
Operating expenses:
Sales and marketing									2,771
General and administrative									10,736
Gains, losses and other items, net									2,037
Total operating expenses									15,544
Earnings (loss) from discontinued operations									32,080
Interest expense									(2,378)
Other, net									(334)
Earnings (loss) from discontinued operations before income									29,368
Income taxes (benefit)									11,973
Earnings (loss) from discontinued operations, net of tax									$ 17,395

DISCONTINUED OPERATIONS AND D56

DISCONTINUED OPERATIONS AND DISPOSITIONS: - ITO Support Services (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Agreements upon sale of business
Operating Expenses	$ 386,872	$ 374,769	$ 343,558
Certain agreements for support services and leased office space | ITO
Agreements upon sale of business
Cash inflows	7,214	4,728
Cash outflows	4,140	4,165
Revenues	6,470	4,650
Operating Expenses	$ 3,284	$ 4,617

DISCONTINUED OPERATIONS_ - U.K.

DISCONTINUED OPERATIONS: - U.K. Call Center Operation (Details) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2016	Mar. 31, 2015
Summary results of operations
Earnings (loss) from discontinued operations, net of tax	$ 111	$ (971)	$ 12,068	$ 4,143	$ 15,351	$ 15,511
Discontinued Operation, Tax Effect of Discontinued Operation					3,598	11,973
U.K. call center operation, 2 Touch | Discontinued operations, held-for-sale or disposed of by sale
Summary results of operations
Revenues						8,484
Earnings (loss) from discontinued operations before income taxes					(450)	4
Loss on sale of discontinued operations before income taxes						(1,888)
Earnings (loss) from discontinued operations, net of tax					$ (450)	$ (1,884)

OTHER CURRENT AND NONCURRENT 58

OTHER CURRENT AND NONCURRENT ASSETS: (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016
Other current assets
Prepaid expenses and other	$ 25,714	$ 25,365
Escrow deposit (see Note 3 - Acquisitions	5,880
Note receivable (see Note 4 – Discontinued Operations and Dispositions)	4,000
Assets of non-qualified retirement plan	12,716	12,532
Other current assets	48,310	37,897
Other noncurrent assets
Acquired intangible assets, net	43,884	19,203
Deferred data acquisitions costs	1,116	1,644
Other miscellaneous noncurrent assets	6,443	4,468
Noncurrent assets	$ 51,443	$ 25,315

OTHER ACCRUED EXPENSES_ (Detail

OTHER ACCRUED EXPENSES: (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016
OTHER ACCRUED EXPENSES:
Accrued purchase consideration (see Note 3 - Acquisitions)	$ 5,880
Other accrued expenses	53,981	$ 48,254
Total Other accrued expenses	$ 59,861	$ 48,254

GOODWILL AND INTANGIBLE ASSET60

GOODWILL AND INTANGIBLE ASSETS: (Details) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Goodwill
Goodwill at the beginning of year	$ 492,745				$ 492,745	$ 497,362
Impairment	0		$ 0
Impact email disposition (see note 4)					(5,684)
Allant purchase accounting adjustments					18
Change in foreign currency translation adjustment					(18)	(79)
Goodwill at the end of year		$ 492,745			592,731	492,745	$ 497,362
Accumulated impairment losses		120,100			120,100	120,100
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets gross		78,316			119,114	78,316	76,690
Accumulated amortization		(34,213)			(52,855)	(34,213)	(21,189)
Total		44,103			66,259	44,103	55,501
Intangible asset amortization					$ 18,600	15,500	11,400
Maximum
Goodwill
Amortization period					10 years
Minimum
Goodwill
Amortization period					2 years
Brazil reporting unit
Goodwill
Impairment						(502)
U.S. reporting unit
Goodwill
Goodwill at the end of year					$ 581,191
APAC reporting unit
Goodwill
Impairment						(5,413)
Goodwill at the end of year					11,540
Marketing Services and Audience Solutions
Goodwill
Goodwill at the beginning of year						497,362
Reallocation of segments						(496,860)
Goodwill at the end of year							497,362
Marketing Services and Audience Solutions | Brazil reporting unit
Goodwill
Impairment				$ (500)		(502)
Marketing Services and Audience Solutions | APAC reporting unit
Goodwill
Impairment		(5,400)
Marketing Services
Goodwill
Goodwill at the beginning of year	124,586				124,586
Reallocation of segments						124,627
Impact email disposition (see note 4)					(5,684)
Change in foreign currency translation adjustment					(12)	(41)
Goodwill at the end of year		124,586			118,890	124,586
Finite-Lived Intangible Assets, Net [Abstract]
Total					37
Marketing Services | U.S. reporting unit
Goodwill
Goodwill at the end of year					110,910
Marketing Services | APAC reporting unit
Goodwill
Goodwill at the end of year					7,980
Audience Solutions
Goodwill
Goodwill at the beginning of year	273,430				273,430
Reallocation of segments						277,516
Allant purchase accounting adjustments					18
Change in foreign currency translation adjustment						(50)
Goodwill at the end of year		273,430			273,448	273,430
Finite-Lived Intangible Assets, Net [Abstract]
Total					2,278
Audience Solutions | U.S. reporting unit
Goodwill
Goodwill at the end of year					273,448
Audience Solutions | APAC reporting unit
Goodwill
Impairment						(5,413)
Connectivity
Goodwill
Goodwill at the beginning of year	$ 94,729				94,729
Reallocation of segments						94,717
Change in foreign currency translation adjustment					(6)	12
Goodwill at the end of year		94,729			200,393	94,729
Finite-Lived Intangible Assets, Net [Abstract]
Total					63,944
Connectivity | U.S. reporting unit
Goodwill
Goodwill at the end of year					196,833
Connectivity | APAC reporting unit
Goodwill
Goodwill at the end of year					3,560
Developed technology.
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets gross		42,850			52,150	42,850	42,524
Accumulated amortization		(17,950)			(29,775)	(17,950)	(9,924)
Total		24,900			22,375	24,900	32,600
Developed technology. | Audience Solutions
Finite-Lived Intangible Assets, Net [Abstract]
Total					1,500
Developed technology. | Connectivity
Finite-Lived Intangible Assets, Net [Abstract]
Total					20,875
Customer/Trade name
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets gross		35,466			43,164	35,466	34,166
Accumulated amortization		(16,263)			(21,702)	(16,263)	(11,265)
Total		$ 19,203			21,462	19,203	$ 22,901
Customer/Trade name | Marketing Services
Finite-Lived Intangible Assets, Net [Abstract]
Total					37
Customer/Trade name | Audience Solutions
Finite-Lived Intangible Assets, Net [Abstract]
Total					778
Customer/Trade name | Connectivity
Finite-Lived Intangible Assets, Net [Abstract]
Total					20,647
Publisher relationship
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets gross					23,800
Accumulated amortization					(1,378)
Total					22,422
Publisher relationship | Connectivity
Finite-Lived Intangible Assets, Net [Abstract]
Total					22,422
Allant Television Division
Goodwill
Acquisition						1,377
Allant Television Division | Audience Solutions
Goodwill
Acquisition						$ 1,377
Arbor and Circulate
Goodwill
Acquisition					105,670
Arbor and Circulate | Connectivity
Goodwill
Acquisition					$ 105,670

GOODWILL AND INTANGIBLE ASSET61

GOODWILL AND INTANGIBLE ASSETS:- Estimated future amortization expenses (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,018	$ 24,072
2,019	15,213
2,020	11,192
2,021	7,254
2,022	5,150
Thereafter	3,378
Total	$ 66,259	$ 44,103	$ 55,501

SOFTWARE COSTS_ (Details)

SOFTWARE COSTS: (Details) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Software
Amortization expense	$ 18.6	$ 15.5	$ 11.4
Amortization expense	3	3.8	5
Adjustment to remaining estimated useful lives
Software
Amortization expense		1.8	4.3
Developed technology.
Software
Amortization expense	27.5	30.7	29
LiveRamp, Inc. | Arbor and Circulate | Developed technology.
Software
Amortization expense	$ 11.8	$ 10	$ 7.5

PROPERTY AND EQUIPMENT_ (Detail

PROPERTY AND EQUIPMENT: (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Property and Equipment
Property and equipment, gross	$ 476,281	$ 528,675
Less accumulated depreciation and amortization	320,307	345,632
Property and equipment, net	155,974	183,043
Depreciation and amortization of property and equipment	82,690	85,463	$ 80,447
Land
Property and Equipment
Property and equipment, gross	5,398	6,737
Buildings and improvements
Property and Equipment
Property and equipment, gross	189,666	222,868
Data processing equipment
Property and Equipment
Property and equipment, gross	249,131	261,101
Office furniture and other equipment
Property and Equipment
Property and equipment, gross	$ 32,086	$ 37,969

LONG-TERM DEBT_ (Details)

LONG-TERM DEBT: (Details) - USD ($) $ in Thousands	Jul. 31, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015	Nov. 30, 2016
Long-term debt
Total long-term debt and capital leases		$ 230,612	$ 192,856
Less current installments		39,819	32,243
Less deferred debt financing costs		1,552	2,716
Long-term debt, excluding current installments and deferred debt financing costs		189,241	157,897
Discontinued operations, held-for-sale or disposed of by sale | ITO
Long-term debt
Interest expense			681
Credit Agreement
Long-term debt
Outstanding indebtedness repaid with proceeds from sale	$ 55,000
Credit Agreement | Discontinued operations, held-for-sale or disposed of by sale | ITO
Long-term debt
Interest expense			400	$ 1,300
Term loans
Long-term debt
Total long-term debt and capital leases		155,000	185,000
Aggregate amount of borrowing commitment		$ 300,000
Weighted-average interest rate on long-term debt (as a percent)		2.98%
Term loans | Quarterly installments payable through September 2017
Long-term debt
Required quarterly installment payments		$ 7,500
Term loans | Quarterly installments payable through June 2018
Long-term debt
Required quarterly installment payments		11,300
Term loans | Final payment due on October 9, 2018
Long-term debt
Final payment of long-term debt		$ 106,300
Term loans | LIBOR
Long-term debt
Long-term debt basis spread on variable interest rate (as a percent)		2.00%
Long-term debt variable interest rate description		LIBOR
Term loans | Alternative base rate
Long-term debt
Long-term debt variable interest rate description		Alternative base rate
Revolving credit facility
Long-term debt
Total long-term debt and capital leases		$ 70,000			$ 70,000
Aggregate amount of borrowing commitment		$ 300,000
Weighted-average interest rate on long-term debt (as a percent)		3.00%
Outstanding letters of credit		$ 0
Revolving credit facility dividend restrictions amount, maximum		$ 30,000
Revolving credit facility | LIBOR
Long-term debt
Long-term debt variable interest rate description		LIBOR
Revolving credit facility | Alternative base rate
Long-term debt
Long-term debt variable interest rate description		alternative base rate
Other debt and long-term liabilities
Long-term debt
Total long-term debt and capital leases		$ 5,612	$ 7,856

LONG-TERM DEBT_ - Long-term Deb

LONG-TERM DEBT: - Long-term Debt Future Obligations (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016
Future obligations, excluding interest, under the entity's long-term debt
2,018	$ 39,819
2,019	189,083
2,020	1,362
2,021	348
Total long-term debt and capital leases	$ 230,612	$ 192,856

ALLOWANCE FOR DOUBTFUL ACCOUN66

ALLOWANCE FOR DOUBTFUL ACCOUNTS: (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Allowance for doubtful accounts, returns and credits
Effects of exchange rates	$ 100
Gain on disposition of Impact email business	(300)
Allowance For Doubtful Accounts Returns And Credits
Allowance for doubtful accounts, returns and credits
Balance at beginning of period	7,262	$ 4,423	$ 4,875
Additions charged to costs and expenses	1,859	3,673	731
Other changes	(372)	56	(288)
Bad debts written off, net of amounts recovered	(2,643)	(890)	(895)
Balance at end of period	$ 6,106	$ 7,262	$ 4,423

COMMITMENTS AND CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES: (Details) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Future minimum lease payments under all noncancellable operating leases
2,018	$ 18.7
2,019	12.5
2,020	12
2,021	11.7
2,022	$ 11.3
Term of future commitment for lease payments under noncancellable operating leases (in years)	23 years
Future commitment for lease payments under noncancellable operating leases	$ 82.8
Total rental expense on operating leases	$ 15.9	$ 17.1	$ 14.7

COMMITMENTS AND CONTINGENCIES68

COMMITMENTS AND CONTINGENCIES: - Guarantee: (Details) $ in Millions	Mar. 31, 2017USD ($)
COMMITMENTS AND CONTINGENCIES:
Maximum potential future payments under guarantees of third-party indebtedness	$ 2.7

STOCKHOLDERS' EQUITY_ (Details)

STOCKHOLDERS' EQUITY: (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended			67 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2017	Jul. 28, 2016
Authorized shares and par value disclosure
Common stock, authorized shares	200,000,000	200,000,000		200,000,000
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10		$ 0.10
Preferred stock, authorized shares	1,000,000			1,000,000
Preferred stock, par value (in dollars per share)	$ 1			$ 1
Stockholders' Equity
Number of warrants outstanding (in shares)	4,942			4,942
Warrants exercise price (in dollars per share)	$ 13.24			$ 13.24
Number of shares repurchased				16,800,000
Repurchase of treasury stock	$ 30,542	$ 52,764	$ 9,868
Value of shares repurchased	30,542	52,764	9,868	$ 285,700
Remaining capacity under the stock repurchase program	114,300			$ 114,300
Dividends paid on common stock	$ 0	$ 0	$ 0
Common stock repurchase program
Stockholders' Equity
Maximum amount of common stock that may be repurchased					$ 400,000
Number of shares repurchased	1,300,000	2,600,000	500,000
Repurchase of treasury stock	$ 30,500	$ 52,800	$ 9,900

STOCKHOLDERS' EQUITY_ - Share-b

STOCKHOLDERS' EQUITY: - Share-based Compensation Plans & Option Activity (Details) $ / shares in Units, $ in Thousands	Jul. 01, 2014USD ($)	Mar. 31, 2017USD ($)multiple$ / sharesshares	Mar. 31, 2016USD ($)multiple$ / sharesshares	Mar. 31, 2015USD ($)multiple$ / sharesshares	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Total shares reserved for issuance since inception of the stock option and equity compensation plans (in shares)		30,000,000
Shares which remained available for future grants (in shares)		2,700,000
Stock options | Arbor
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Pricing model used for share-based compensation arrangement		binomial lattice
Stock options | LiveRamp, Inc.
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Fair value of stock options issued included in purchase price | $	$ 6,978
LiveRamp Employees | Stock options
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Stock option exchange ratio				0.63774%
Fair value of stock options issued included in purchase price | $				$ 7,000
Future share-based compensation expense | $				$ 23,500
Stock options
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Granted (in shares)			445,785
Per-share weighted-average fair value (in dollars per share) | $ / shares			$ 6.48
Pricing model used for share-based compensation arrangement			binomial lattice	binomial lattice	binomial lattice
Dividend yield (as a percent)			0.00%
Risk-free interest rate (as a percent)			2.20%
Expected option life			4 years 6 months
Expected volatility (as a percent)			40.00%
Suboptimal exercise multiple | multiple			1.4
Future share-based compensation expense | $		$ 11,600
Stock Option Activity - Number of Shares
Outstanding at beginning of the period (in shares)		3,604,102
Exercised (in shares)		(855,797)
Forfeited or cancelled (in shares)		(73,737)
Outstanding at end of the period (in shares)		3,033,071	3,604,102
Exercisable at the end of the period (in shares)		2,128,023
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share) | $ / shares		$ 14.52
Exercised (in dollars per share) | $ / shares		14.04
Forfeited or cancelled (in dollars per share) | $ / shares		13.17
Outstanding at the end of the period (in dollars per share) | $ / shares		13.14	$ 14.52
Exercisable at the end of the period (in dollars per share) | $ / shares		$ 13.79
Weighted-average remaining contractual term
Outstanding at the end of the period		5 years 8 months 12 days
Exercisable at the end of the period		4 years 7 months 6 days
Aggregate intrinsic value
Exercised | $		$ 9,751	$ 10,700	$ 8,300
Outstanding at the end of the period | $		46,574
Exercisable at the end of the period | $		$ 31,303
Stock options | Arbor
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Options issued (in shares)		285,339
Weighted average fair value (in dollars per share) | $ / shares		$ 25.85
Exercise price (in dollars per share) | $ / shares		$ 1.27
Dividend yield (as a percent)		0.00%
Minimum risk-free interest rate (as a percent)		2.24%
Maximum risk-free interest rate (as a percent)		2.32%
Expected volatility (as a percent)		38.00%
Suboptimal exercise multiple | multiple		1.4
Stock option exchange ratio		0.41998%
Stock options | Circulate
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Options issued (in shares)		73,164
Weighted average fair value (in dollars per share) | $ / shares		$ 24.80
Exercise price (in dollars per share) | $ / shares		$ 2.30
Total fair value | $		$ 1,800
Stock options | Arbor and Circulate
Stock Option Activity - Number of Shares
Granted (in shares)		358,503
Weighted-average exercise price per share
Granted (in dollars per share) | $ / shares		$ 1.48
Stock options | Minimum | Arbor
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Expected option life		8 years 7 months 6 days
Stock options | Maximum | Arbor
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Expected option life		9 years 10 months 24 days
Stock options | Stock options | Arbor
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Total fair value | $		$ 7,400
Stock options | Fiscal 2015, exclusive of LiveRamp acquisition replacement
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Granted (in shares)				415,639
Per-share weighted-average fair value (in dollars per share) | $ / shares				$ 8.05
Pricing model used for share-based compensation arrangement				binomial lattice
Dividend yield (as a percent)				0.00%
Risk-free interest rate (as a percent)				2.50%
Expected option life				4 years 4 months 24 days
Expected volatility (as a percent)				43.00%
Suboptimal exercise multiple | multiple				1.4
Stock options | Awarded July 1, 2014 | LiveRamp Employees
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Granted (in shares)				1,473,668
Pricing model used for share-based compensation arrangement				binomial lattice
Dividend yield (as a percent)				0.00%
Minimum risk-free interest rate (as a percent)				1.57%
Maximum risk-free interest rate (as a percent)				2.54%
Expected volatility (as a percent)				43.00%
Suboptimal exercise multiple | multiple				1.4
Future share-based compensation expense | $	$ 23,500
Stock options | Awarded July 1, 2014 | LiveRamp Employees | Minimum
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Expected option life				6 years 1 month 6 days
Stock options | Awarded July 1, 2014 | LiveRamp Employees | Maximum
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Expected option life				9 years 8 months 12 days

STOCKHOLDERS' EQUITY_ - Summary

STOCKHOLDERS' EQUITY: - Summary of Options (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares)	3,033,071
Options outstanding - Weighted-average remaining contractual life	5 years 8 months 12 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 13.14
Options exercisable (in shares)	2,128,023
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 13.79
Stock options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Share-based compensation expense	$ 6.9	$ 9.8	$ 12
Future share-based compensation expense	$ 11.6
Period for recognition of unrecognized stock-based compensation expense	4 years
Stock options | Arbor and Circulate
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Share-based compensation expense	$ 0.9
Range of exercise price per share from $0.61 to $9.99
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares)	824,755
Options outstanding - Weighted-average remaining contractual life	7 years 4 months 24 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 1.67
Options exercisable (in shares)	433,414
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 1.70
Range of exercise price per share from $10.00 to $19.99
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares)	1,475,505
Options outstanding - Weighted-average remaining contractual life	5 years 1 month 6 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 15.15
Options exercisable (in shares)	1,166,348
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 14.46
Range of exercise price per share from $20.00 to $24.99
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares)	713,259
Options outstanding - Weighted-average remaining contractual life	4 years 9 months 18 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 21.72
Options exercisable (in shares)	513,598
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 21.93
Range of exercise price per share from $25.00 to $32.85
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares)	19,552
Options outstanding - Weighted-average remaining contractual life	6 years 7 months 6 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 32.85
Options exercisable (in shares)	14,663
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 32.85
LiveRamp Employees | Stock options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Share-based compensation expense	$ 4.3	$ 6.7	$ 9.4

STOCKHOLDERS'EQUITY_ - Performa

STOCKHOLDERS'EQUITY: - Performance Stock Option Unit Activity (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2017USD ($)item$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of increment over two years	3.33333%
Performance stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares granted | $	$ 4,900
Number of separate increments over 2 years | item	2
Percentage of increment over two years	50.00%
Number of years for 50% increments	2 years
Share-based compensation expense | $	$ 1,300
Future expense for performance stock option units | $	$ 3,900
Period for recognition of unrecognized stock-based compensation expense	4 years
Number of shares
Granted (in shares)	633,604
Forfeited or cancelled (in shares)	(78,481)
Outstanding at end of the period (in shares)	555,123
Weighted-average exercise price per share
Granted (in dollars per share) | $ / shares	$ 21.40
Forfeited or cancelled (in dollars per share) | $ / shares	21.36
Outstanding at the end of the period (in dollars per share) | $ / shares	$ 21.41
Weighted-average remaining contractual term
Outstanding at the end of the period	2 years 1 month 6 days
Aggregate intrinsic value
Outstanding at the end of the period | $	$ 3,921
Performance stock | Vesting on first anniversary on closing date | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	0.00%
Performance stock | Vesting on first anniversary on closing date | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	300.00%
Performance stock | Vesting based on relevant performance period at March 31 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	171.00%
Number of units reached maturity	185,042
Options issued (in shares)	316,422

STOCKHOLDERS' EQUITY_ - SAR Act

STOCKHOLDERS' EQUITY: - SAR Actvity (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Stock Appreciation Rights (SARs)
Share-based compensation activity
Outstanding at the beginning of the period (in shares)	245,404
Outstanding at the end of the period (in shares)	245,404	245,404
Share-based compensation, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share)	$ 40
Outstanding at the end of the period (in dollars per share)	$ 40	$ 40
Share-based Activity - Other disclosures
Granted (in shares)	0
Vesting percentage	100.00%
Share-based compensation expense	$ 0.2	$ 0.2	$ 0.2
Future share-based compensation expense expected	0	$ 0	$ 0
Performance stock
Share-based Activity - Other disclosures
Share-based compensation expense	$ 1.3

STOCKHOLDERS' EQUITY_ - RSU Act

STOCKHOLDERS' EQUITY: - RSU Activity (Details) - Restricted stock units - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Time-vesting
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)	2,279,895
Granted (in shares)	2,309,183	1,427,561	1,770,303
Vested (in shares)	(1,013,186)
Forfeited or cancelled (in shares)	(268,315)
Outstanding at the end of the period (in shares)	3,307,577	2,279,895
Non-vested restricted stock units, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share)	$ 19.69
Granted (in dollars per share)	24.01
Vested (in dollars per share)	20.04
Forfeited or cancelled (in dollars per share)	20.02
Outstanding at the end of the period (in dollars per share)	$ 22.57	$ 19.69
Weighted-average remaining contractual term
Outstanding (in years)	2 years 5 months 12 days	2 years 1 month 13 days
Restricted Stock Unit Activity - Other disclosures
Aggregate fair value of restricted stock units granted	$ 55.4	$ 27	$ 37.6
Total fair value of units vested	$ 23.1	$ 17.6	$ 8.4
Time-vesting | LiveRamp Employees
Non-vested restricted stock unit activity
Granted (in shares)			1,075,392
Restricted Stock Unit Activity - Other disclosures
Aggregate fair value of restricted stock units granted			$ 23.7
Time-vesting | Arbor and Circulate
Non-vested restricted stock unit activity
Granted (in shares)	768,710
Restricted Stock Unit Activity - Other disclosures
Aggregate fair value of restricted stock units granted	$ 20.4
Vesting in four years
Non-vested restricted stock unit activity
Granted (in shares)	1,454,340	1,041,572	773,735
Restricted Stock Unit Activity - Other disclosures
Award vesting period	4 years	4 years	4 years
Vesting in two years
Non-vested restricted stock unit activity
Granted (in shares)		70,799	927,052
Restricted Stock Unit Activity - Other disclosures
Award vesting period		2 years	2 years
Vesting in one year
Non-vested restricted stock unit activity
Granted (in shares)	48,230	72,650	69,516
Restricted Stock Unit Activity - Other disclosures
Award vesting period	1 year	1 year	1 year
Vesting In Fifteen Months
Non-vested restricted stock unit activity
Granted (in shares)		242,540
Restricted Stock Unit Activity - Other disclosures
Award vesting period		15 months
Partial cliff vest tranche one
Non-vested restricted stock unit activity
Granted (in shares)	398,079
Partial cliff vest tranche two
Non-vested restricted stock unit activity
Granted (in shares)	408,534

STOCKHOLDERS' EQUITY_ - Perform

STOCKHOLDERS' EQUITY: - Performance Based (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Restricted stock units
Future expense
2,017	$ 19.9
2,018	11.7
2,019	5.4
2,020	1.4
Share-based compensation expense	$ 33.3	$ 19.4	$ 15.2
Other Performance Units
Share-based compensation activity
Outstanding at the beginning of the period (in shares)	635,655
Granted (in shares)		323,080	312,575
Forfeited or cancelled (in shares)	(38,462)
Outstanding at the end of the period (in shares)	597,193	635,655
Share-based compensation, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share)	$ 4.07
Forfeited or cancelled (in dollars per share)	2.94
Outstanding at the end of the period (in dollars per share)	$ 4.14	$ 4.07
Weighted-average remaining contractual term
Outstanding (in years)	3 months 18 days
Share-based Activity - Other disclosures
Aggregate fair value of restricted stock units granted		$ 0.9	$ 1.6
Future expense
Share-based compensation expense	$ 1	$ 0.9	$ 0.3
Performance share awards vested (as a percent)	0.00%	100.00%
Minimum | Other Performance Units
Future expense
Performance share awards vested (as a percent)		0.00%
Maximum | Other Performance Units
Future expense
Performance share awards vested (as a percent)		100.00%
Vesting on first anniversary on closing date | Restricted stock units
Share-based compensation activity
Outstanding at the beginning of the period (in shares)	516,818
Granted (in shares)	263,835	367,807	263,609
Vested (in shares)	0	0	(517,565)
Forfeited or cancelled (in shares)	(47,942)
Outstanding at the end of the period (in shares)	732,711	516,818
Share-based compensation, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share)	$ 18.62
Granted (in dollars per share)	24.83
Forfeited or cancelled (in dollars per share)	18.13
Outstanding at the end of the period (in dollars per share)	$ 20.89	$ 18.62
Weighted-average remaining contractual term
Outstanding (in years)	1 year 1 month 17 days	1 year 8 months 1 day
Share-based Activity - Other disclosures
Aggregate fair value of restricted stock units granted	$ 6.6	$ 6.8	$ 5
Modified (in shares)	9,416
Cancelled (in shares)	14,349
Grants after modification (in shares)	254,419
Aggregate fair value of restricted stock units grants after modification	$ 6.3
Vesting on first anniversary on closing date | Minimum | Restricted stock units
Future expense
Performance share awards vested (as a percent)	0.00%	0.00%	0.00%
Vesting on first anniversary on closing date | Maximum | Restricted stock units
Future expense
Performance share awards vested (as a percent)	200.00%	200.00%	200.00%
Vesting based on attainment of performance and shareholder return targets established in fiscal 2012 | Restricted stock units
Share-based compensation activity
Vested (in shares)	(109,273)
Vesting based on relevant performance period at March 31 2017 | Restricted stock units
Share-based compensation activity
Vested (in shares)	(157,985)
Future expense
Performance share awards vested (as a percent)	200.00%
TSR Multiplier (as a percent)	80.00%
Issued (in shares)	252,776
Vesting based on relevant performance period at March 31 2017 | Other Performance Units
Share-based compensation activity
Vested (in shares)	(201,464)
Future expense
Performance share awards vested (as a percent)	100.00%
Vesting based on relevant performance period at March 31 2018 | Restricted stock units
Share-based compensation activity
Vested (in shares)	(278,378)
Future expense
Performance share awards vested (as a percent)	200.00%
Issued (in shares)	556,756
Inducement awards | Restricted stock units | Chief executive officers
Share-based compensation activity
Vested (in shares)		(408,292)

STOCKHOLDERS' EQUITY_ - Other P

STOCKHOLDERS' EQUITY: - Other Performance (Details) $ / shares in Units, $ in Millions	Nov. 22, 2016USD ($)item	Mar. 31, 2017USD ($)item$ / sharesshares	Mar. 31, 2016USD ($)$ / sharesshares	Mar. 31, 2015USD ($)$ / sharesshares
Share-based Activity - Other disclosures
Holdback consideration transferred | $	$ 38.3	$ 38.3
Number of increments | item		30
Percentage of increment over two years		3.33333%
Holdback expenses | $		$ 5.1
Other Performance Units
Share-based compensation activity
Outstanding at the beginning of the period (in shares) | shares		635,655
Granted (in shares) | shares			323,080	312,575
Forfeited or cancelled (in shares) | shares		(38,462)
Outstanding at the end of the period (in shares) | shares		597,193	635,655
Share-based compensation, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share)		$ 4.07
Forfeited or cancelled (in dollars per share)		2.94
Outstanding at the end of the period (in dollars per share)		$ 4.14	$ 4.07
Weighted-average remaining contractual term
Outstanding (in years)		3 months 18 days
Share-based Activity - Other disclosures
Aggregate fair value of restricted stock units granted | $			$ 0.9	$ 1.6
Performance share awards vested (as a percent)		0.00%	100.00%
Share-based compensation expense | $		$ 1	$ 0.9	$ 0.3
Future share-based compensation expense expected | $		$ 0.3
Other Performance Units | Vesting based on attainment of certain revenue targets from April 1, 2014 to March 31, 2017
Share-based compensation activity
Granted (in shares) | shares				201,464
Share-based Activity - Other disclosures
Consecutive trading days during the performance period				20 days
Other Performance Units | Vesting based on attainment of certain revenue targets from April 1, 2015 to March 31, 2018
Share-based compensation activity
Granted (in shares) | shares				111,111
Share-based Activity - Other disclosures
Consecutive trading days during the performance period				20 days
Other Performance Units | Vesting based on relevant performance period at June 30, 2017
Share-based Activity - Other disclosures
Restricted Stock Units vested (in shares) | shares		284,618
Performance share awards vested (as a percent)		24.00%
Issued (in shares) | shares		68,308
Other Performance Units | Minimum
Share-based Activity - Other disclosures
Performance share awards vested (as a percent)			0.00%
Price (in dollars per share)			$ 25
Other Performance Units | Minimum | Vesting based on attainment of certain revenue targets from April 1, 2014 to March 31, 2017
Share-based Activity - Other disclosures
Performance share awards vested (as a percent)				0.00%
Price (in dollars per share)				$ 40
Other Performance Units | Minimum | Vesting based on attainment of certain revenue targets from April 1, 2015 to March 31, 2018
Share-based Activity - Other disclosures
Performance share awards vested (as a percent)			0.00%
Price (in dollars per share)			$ 25
Other Performance Units | Maximum
Share-based Activity - Other disclosures
Performance share awards vested (as a percent)			100.00%
Price (in dollars per share)			$ 55
Other Performance Units | Maximum | Vesting based on attainment of certain revenue targets from April 1, 2014 to March 31, 2017
Share-based Activity - Other disclosures
Performance share awards vested (as a percent)				100.00%
Price (in dollars per share)				$ 70
Other Performance Units | Maximum | Vesting based on attainment of certain revenue targets from April 1, 2015 to March 31, 2018
Share-based Activity - Other disclosures
Performance share awards vested (as a percent)				100.00%
Price (in dollars per share)				$ 45
Arbor
Share-based Activity - Other disclosures
Holdback consideration transferred | $	$ 38.3
Number of increments | item	30

STOCKHOLDERS' EQUITY_ - ESPP (D

STOCKHOLDERS' EQUITY: - ESPP (Details) - USD ($) $ in Millions	12 Months Ended			36 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2017
Share-based Activity - Other disclosures
Number of shares available for issuance	2,700,000			2,700,000
ESPP
Share-based Activity - Other disclosures
Number of shares available for issuance	700,000			700,000
Shares purchased by the employees				201,678
Share-based compensation expense	$ 0.4	$ 0.2	$ 0.1

STOCKHOLDERS' EQUITY_ - AOCI (D

STOCKHOLDERS' EQUITY: - AOCI (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016
STOCKHOLDERS' EQUITY:
Foreign currency translation	$ 7,999	$ 8,705
Unrealized gain (loss) on interest rate swap		(115)
Accumulated Other Comprehensive Income	$ 7,999	$ 8,590

INCOME TAXES_ - Expense (Benefi

INCOME TAXES: - Expense (Benefit) Allocation and Components and Loss Before Income Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Allocation of total income tax expense (benefit)
Earnings (loss) from continuing operations	$ 4,534	$ (11,632)	$ (14,805)
Earnings from discontinued operations		3,598	11,973
Stockholder's equity:
Tax shortfall (excess tax benefits) from stock-based compensation	(2,183)	293	(4,645)
Total income tax expense (benefit) allocated	2,351	(7,741)	(7,477)
Current:
U.S. Federal	9,778	(2,410)	(7,744)
Non-U.S.	472	535	164
State	3,102	1,907	(2,260)
Total current	13,352	32	(9,840)
Deferred:
U.S. Federal	(3,680)	(3,789)	(1,064)
Non-U.S.	405	(3,220)	326
State	(5,543)	(4,655)	(4,227)
Total deferred	(8,818)	(11,664)	(4,965)
Total	4,534	(11,632)	(14,805)
Earnings (loss) before income tax attributable to U.S. and non-U.S. continuing operations
U.S.	7,936	(6,952)	(24,459)
Non-U.S.	706	(13,328)	(16,888)
Income (loss) from continuing operations before income taxes	$ 8,642	$ (20,280)	$ (41,347)

INCOME TAXES_ - Reconciliation

INCOME TAXES: - Reconciliation of Income Tax Benefit from Continuing Operations and Valuation Allowance Change (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Reconciliation of income tax expense computed using the U.S. federal statutory income tax rate of 35% of earnings before income taxes to the actual provision for income taxes for continuing operations
U.S. federal statutory income tax rate (as a percent)		35.00%	35.00%	35.00%
Computed expected tax benefit	$ 3,025	$ (7,098)	$ (14,472)
Increase (reduction) in income taxes resulting from:
State income taxes, net of federal benefit	(1,586)	(1,796)	(441)
Research and other tax credits	(2,285)	(4,027)	(6,369)
Nondeductible expenses	1,156	661	590
Acxiom Impact disposition	(4,502)
Share-based compensation	3,308	1,857	2,276
Non-U.S. subsidiaries taxed at other than 35%	614	2,468	4,354
Adjustment to valuation allowances	2,896	(3,585)	(776)
Acquisitions costs	478		217
Foreign Income Exclusion	473
Other, net	957	(112)	(184)
Total	$ 4,534	(11,632)	$ (14,805)
Foreign jurisdiction
Valuation allowance
Valuation allowances (released)/increased		$ (3,600)

INCOME TAXES_ - Deferred (Detai

INCOME TAXES: - Deferred (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016
INCOME TAXES:
Undistributed earnings of foreign subsidiaries that are indefinitely reinvested	$ 15,300
Deferred tax assets:
Accrued expenses	9,517	$ 11,525
Deferred revenue	534	1,612
Net operating loss and tax credit carryforwards	60,817	57,370
Share-based compensation	19,854	12,706
Capital loss carryforward	3,414
Other	2,691	5,242
Total deferred tax assets	96,827	88,455
Less valuation allowance	(47,074)	(46,602)
Net deferred tax assets	49,753	41,853
Deferred tax liabilities:
Intangible assets	(77,785)	(65,084)
Capitalized software costs	(11,582)	(14,143)
Property and equipment	(8,499)	(9,705)
Total deferred tax liabilities	(97,866)	(88,932)
Net deferred tax liabilities	$ (48,113)	$ (47,079)

INCOME TAXES_ - Carryforwards (

INCOME TAXES: - Carryforwards (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Carryforwards
Capital loss carryforward	$ 3,414
Valuation allowance	47,074	$ 46,602
No expiration dates
Carryforwards
Tax credit carryforwards	5,900
Expire if not used by 2022
Carryforwards
Capital loss carryforward	8,400
State jurisdiction
Carryforwards
Net operating loss carryforwards	69,800
Tax credit carryforwards	20,100
Tax credit carryforwards that will be credited to additional paid-in capital when realized	2,700
State jurisdiction | Operating loss and tax credit carryforwards
Carryforwards
Valuation allowance	4,100
Foreign jurisdiction
Carryforwards
Net operating loss carryforwards	129,500
Foreign jurisdiction | No expiration dates
Carryforwards
Net operating loss carryforwards	129,200
Foreign jurisdiction | Non-US with history of losses
Carryforwards
Valuation allowances against loss carryforwards	40,100
Foreign jurisdiction | Non-US with historical profits and forecasted continuing profits
Carryforwards
Valuation allowance	0
U.S. Federal
Carryforwards
Net operating loss carryforwards	16,800
Tax credit carryforwards	700
Tax credit carryforwards that will be credited to additional paid-in capital when realized	700
U.S. Federal | Operating loss and tax credit carryforwards
Carryforwards
Valuation allowance	$ 2,900

INCOME TAXES_ - Unrecognized Ta

INCOME TAXES: - Unrecognized Tax Benefit (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Changes in the total gross unrecognized tax benefit liabilities, including accrued interest
Balance at beginning of period	$ 10,906	$ 9,711	$ 2,457
Increases related to prior year tax positions	307	1,717	292
Decreases related to prior year tax positions	(466)	(1,227)	(83)
Increases related to current year tax positions	2,123	2,035	4,339
Increases resulting from acquisitions	0		2,887
Settlements with taxing authorities	0	(1,330)
Lapse of statute of limitations	0		(181)
Balance at end of period included in other liabilities	12,870	$ 10,906	$ 9,711
Unrecognized tax benefits that would reduce the effective tax rate in future periods if and when realized	12,900
Interest and penalties related to unrecognized tax benefits
Accrued interest and penalties	500
Maximum
Changes in the total gross unrecognized tax benefit liabilities, including accrued interest
Unrecognized tax benefits that would reduce the effective tax rate in future periods if and when realized	$ 10,400

RETIREMENT PLANS_ - Qualified 4

RETIREMENT PLANS: - Qualified 401(k) and SNQDC Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Qualified 401(k) and SNQDC Plans
Matching contribution of first 6% of employees' annual aggregate contributions (as a percent )	50.00%
Percentage of employees' contributions matched by the company	6.00%
Contributions to qualified 401(k) and SNQDC plans	$ 6,500	$ 6,100	$ 5,300
Assets of the SNQDC Plan included in other current assets	12,716	12,532
SNQDC Plan
Qualified 401(k) and SNQDC Plans
Assets of the SNQDC Plan included in other current assets	12,700	12,500
Liabilities of the SNQDC Plan included in other accrued liabilities	$ 12,700	$ 12,500

RETIREMENT PLANS_ - Defined Ben

RETIREMENT PLANS: - Defined Benefit Pension Plan (Details) - Foreign pension plan $ in Millions	12 Months Ended
	Mar. 31, 2017USD ($)item	Mar. 31, 2016USD ($)
Defined benefit pension plan
Number of small defined benefit pension plans | item	1
Projected benefit obligation	$ 0.4	$ 0.4
Accumulated benefit obligation	0.4	0.4
Fair value of plan assets	0	0
Excess of benefit obligations over plan assets	$ 0.4	$ 0.4

FOREIGN OPERATIONS_ (Details)

FOREIGN OPERATIONS: (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Financial information by geographic area
Revenues	$ 224,867	$ 223,312	$ 217,267	$ 214,801	$ 224,655	$ 221,193	$ 207,345	$ 196,895	$ 880,247	$ 850,088	$ 804,911
Long-lived assets excluding financial instruments	866,019				773,839				866,019	773,839
United States
Financial information by geographic area
Revenues									807,387	770,043	709,133
Long-lived assets excluding financial instruments	843,127				748,123				843,127	748,123
Foreign
Financial information by geographic area
Revenues									72,860	80,045	95,778
Long-lived assets excluding financial instruments	22,892				25,716				22,892	25,716
Europe
Financial information by geographic area
Revenues									55,427	52,562	59,958
Long-lived assets excluding financial instruments	9,096				11,899				9,096	11,899
APAC
Financial information by geographic area
Revenues									17,433	25,138	32,658
Long-lived assets excluding financial instruments	$ 13,796				$ 13,817				$ 13,796	13,817
Other
Financial information by geographic area
Revenues										$ 2,345	$ 3,162

FINANCIAL INSTRUMENTS_ (Details

FINANCIAL INSTRUMENTS: (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016
Fair value of assets and liabilities
Other current assets	$ 48,310	$ 37,897
Fair value measurements on recurring basis
Fair value of assets and liabilities
Other current assets	12,716	12,532
Total assets	12,716	12,532
Other accrued expenses		115
Total liabilities		115
Fair value measurements on recurring basis | Level 1
Fair value of assets and liabilities
Other current assets	12,716	12,532
Total assets	$ 12,716	12,532
Fair value measurements on recurring basis | Level 2
Fair value of assets and liabilities
Other accrued expenses		115
Total liabilities		$ 115

SEGMENT INFORMATION_ (Details)

SEGMENT INFORMATION: (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Revenues:
Total revenues	$ 224,867	$ 223,312	$ 217,267	$ 214,801	$ 224,655	$ 221,193	$ 207,345	$ 196,895	$ 880,247	$ 850,088	$ 804,911
Gross profit:
Total gross profit	106,573	106,844	97,162	91,982	101,029	95,458	86,033	79,186	402,561	361,706	310,874
Income (loss) from operations:
Income (loss) from operations	$ (8,709)	$ 9,115	$ 7,120	$ 8,162	$ (7,764)	$ (374)	$ (2,056)	$ (2,869)	15,689	(13,063)	(32,684)
Gains, losses and other items, net									8,373	12,132	22,600
Depreciation and amortization:
Depreciation and amortization									82,690	85,463	80,447
Total depreciation and amortization									42,741	42,829	41,401
Marketing Services
Depreciation and amortization:
Depreciation and amortization									7,549	9,988	12,280
Audience Solutions
Depreciation and amortization:
Depreciation and amortization									13,286	12,909	12,652
Connectivity
Depreciation and amortization:
Depreciation and amortization									21,906	19,932	16,469
Operating segment
Revenues:
Total revenues									880,247	850,088	804,911
Gross profit:
Total gross profit									427,084	381,172	328,103
Income (loss) from operations:
Income (loss) from operations									209,193	180,671	156,256
Operating segment | Marketing Services
Revenues:
Total revenues									410,840	449,772	446,103
Gross profit:
Total gross profit									140,647	152,258	156,395
Income (loss) from operations:
Income (loss) from operations									80,622	74,371	81,247
Operating segment | Audience Solutions
Revenues:
Total revenues									322,065	297,846	303,836
Gross profit:
Total gross profit									198,185	167,715	158,386
Income (loss) from operations:
Income (loss) from operations									123,238	109,598	115,078
Operating segment | Connectivity
Revenues:
Total revenues									147,342	102,470	54,972
Gross profit:
Total gross profit									88,251	61,199	13,322
Income (loss) from operations:
Income (loss) from operations									5,333	(3,298)	(40,069)
Reconciling items
Gross profit:
Purchased intangible asset amortization									18,644	15,466	11,454
Non-cash stock compensation									5,879	2,150	1,459
Accelerated amortization										1,850	4,316
Income (loss) from operations:
Corporate expenses (principally general and administrative)									117,342	127,844	126,570
Gains, losses and other items, net									8,373	12,132	22,600
Impairment of goodwill and other assets										6,829
Purchased intangible asset amortization									18,644	15,466	11,454
Non-cash stock compensation									$ 49,145	31,463	28,316
Accelerated amortization										$ 1,850	$ 4,316

UNAUDITED SELECTED QUARTERLY 89

UNAUDITED SELECTED QUARTERLY FINANCIAL DATA: (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
UNAUDITED SELECTED QUARTERLY FINANCIAL DATA:
Revenue	$ 224,867	$ 223,312	$ 217,267	$ 214,801	$ 224,655	$ 221,193	$ 207,345	$ 196,895	$ 880,247	$ 850,088	$ 804,911
Gross profit	106,573	106,844	97,162	91,982	101,029	95,458	86,033	79,186	402,561	361,706	310,874
Loss from operations	(8,709)	9,115	7,120	8,162	(7,764)	(374)	(2,056)	(2,869)	15,689	(13,063)	(32,684)
Net earnings (loss) from discontinued operations, net of tax					111	(971)	12,068	4,143		15,351	15,511
Net earnings (loss)	$ (8,081)	$ 1,073	$ 7,140	$ 3,976	$ (1,571)	$ (1,410)	$ 10,723	$ (1,039)	$ 4,108	$ 6,703	$ (11,031)
Basic earnings (loss) per share:
Continuing operations (in dollars per share)					$ (0.02)	$ (0.01)	$ (0.02)	$ (0.07)	$ 0.05	$ (0.11)	$ (0.34)
Discontinued operations (in dollars per share)					0	(0.01)	0.15	0.05		0.20	0.20
Net earnings (loss) (in dollars per share)	$ (0.10)	$ 0.01	$ 0.09	$ 0.05	(0.02)	(0.02)	0.14	(0.01)	0.05	0.09	(0.14)
Diluted earnings (loss) per share:
Continuing operations (in dollars per share)					(0.02)	(0.01)	(0.02)	(0.07)	0.05	(0.11)	(0.34)
Net earnings from discontinued operations (in dollars per share)					0	(0.01)	0.15	0.05		0.20	0.20
Net earnings (loss) (in dollars per share)	$ (0.10)	$ 0.01	$ 0.09	$ 0.05	$ (0.02)	$ (0.02)	$ 0.14	$ (0.01)	$ 0.05	$ 0.09	$ (0.14)

Uncategorized Items - acxm-2017

Label	Element	Value
Stock Appreciation Rights S A R S [Member] | Performance Shares Vesting Based On Attainment Of Certain Revenue Targets From April12014 To March312017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	245,404
Share Based Compensation Arrangement by Share Based Payment Award, Equity Instruments Other than Options, Grants in Period Total Fair Value	acxm_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalFairValue	$ 500,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	$ 40
Share Based Compensation Arrangement by Share Based Payment Award Percentage of Equity Instrument Other than Options Percentage of Vesting	acxm_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfEquityInstrumentOtherThanOptionsPercentageOfVesting	100.00%
Stock Appreciation Rights S A R S [Member] | Maximum [Member] | Performance Shares Vesting Based On Attainment Of Certain Revenue Targets From April12014 To March312017 [Member]
Share Price	us-gaap_SharePrice	$ 70