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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Dec. 31, 2017	Feb. 02, 2018
Document and Entity Information
Entity Registrant Name	ACXIOM CORP
Entity Central Index Key	0000733269
Document Type	10-Q
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		79,100,637
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q3

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Mar. 31, 2017
Current assets:
Cash and cash equivalents	$ 177,807	$ 170,343
Trade accounts receivable, net	155,634	142,768
Refundable income taxes	6,365	7,098
Other current assets	42,357	48,310
Total current assets	382,163	368,519
Property and equipment, net of accumulated depreciation and amortization	153,039	155,974
Software, net of accumulated amortization	37,489	47,638
Goodwill	592,827	592,731
Purchased software licenses, net of accumulated amortization	7,775	7,972
Deferred income taxes	9,621	10,261
Other assets, net	43,576	51,443
TOTAL ASSETS	1,226,490	1,234,538
Current liabilities:
Current installments of long-term debt	1,837	39,819
Trade accounts payable	46,211	40,208
Accrued payroll and related expenses	36,592	53,238
Other accrued expenses	53,999	59,861
Deferred revenue	34,169	37,087
Total current liabilities	172,808	230,213
Long-term debt	227,943	189,241
Deferred income taxes	34,300	58,374
Other liabilities	17,328	17,730
Commitments and contingencies
Equity:
Common stock	13,552	13,288
Additional paid-in capital	1,216,565	1,154,429
Retained earnings	623,156	602,609
Accumulated other comprehensive income	9,826	7,999
Treasury stock, at cost	(1,088,988)	(1,039,345)
Total equity	774,111	738,980
TOTAL LIABILITIES AND EQUITY	$ 1,226,490	$ 1,234,538

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Income Statement [Abstract]
Revenues	$ 234,871	$ 223,312	$ 672,625	$ 655,380
Cost of revenue	115,920	116,468	344,952	359,392
Gross profit	118,951	106,844	327,673	295,988
Operating expenses:
Research and development	23,318	20,950	70,894	58,631
Sales and marketing	53,730	43,048	152,288	118,243
General and administrative	30,886	31,620	95,166	91,993
Gains, losses and other items, net	(41)
Gains, losses and other items, net		2,111	3,521	2,724
Total operating expenses	107,893	97,729	321,869	271,591
Income from operations	11,058	9,115	5,804	24,397
Other income (expense):
Interest expense	(2,566)	(1,743)	(7,432)	(5,244)
Other, net	419	35	(61)	135
Total other expense	(2,147)	(1,708)	(7,493)	(5,109)
Income before income taxes	8,911	7,407	(1,689)	19,288
Income taxes (benefit)	(14,030)	6,334	(19,994)	7,099
Net earnings	$ 22,941	$ 1,073	$ 18,305	$ 12,189
Basic earnings per share:
Basic earnings (loss) per share (in USD per share)	$ 0.29	$ 0.01	$ 0.23	$ 0.16
Diluted earnings per share:
Diluted earnings (loss) per share (in USD per share)	$ 0.28	$ 0.01	$ 0.22	$ 0.15

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Statement of Comprehensive Income [Abstract]
Net earnings	$ 22,941	$ 1,073	$ 18,305	$ 12,189
Other comprehensive income:
Change in foreign currency translation adjustment	416	(1,340)	1,827	(2,410)
Unrealized gain on interest rate swap	0	21	0	117
Other comprehensive income	416	(1,319)	1,827	(2,293)
Comprehensive income	$ 23,357	$ (246)	$ 20,132	$ 9,896

CONDENSED CONSOLIDATED STATEMENT OF EQUITY - 9 months ended Dec. 31, 2017 - USD ($) $ in Thousands	Total	Common Stock	Additional paid-in Capital	Retained earnings	Accumulated other comprehensive income	Treasury Stock
Balance, beginning of the period (in shares) at Mar. 31, 2017		132,875,373				(54,582,392)
Balance, beginning of the period at Mar. 31, 2017	$ 738,980	$ 13,288	$ 1,154,429	$ 602,609	$ 7,999	$ (1,039,345)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		805,768				(389,912)
Employee stock awards, benefit plans and other issuances	5,107	$ 80	15,229			$ (10,202)
Non-cash stock-based compensation (in shares)		487,385
Non-cash stock-based compensation	46,707	$ 49	46,658
Restricted stock units vested (in shares)		1,351,652
Restricted stock units vested		$ 135	(135)
Acquisition of treasury stock (in shares)						(1,588,964)
Acquisition of treasury stock	(39,441)					$ (39,441)
Foreign currency translation	1,827				1,827
Net earnings	18,305			18,305
Balance, end of the period (in shares) at Dec. 31, 2017		135,520,178				(56,561,268)
Balance, end of the period at Dec. 31, 2017	774,111	$ 13,552	1,216,565	623,156	$ 9,826	$ (1,088,988)
Increase (Decrease) in Stockholders' Equity
Cumulative-effect adjustment from adoption of ASU 2016-09	$ 2,626		$ 384	$ 2,242

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net earnings	$ 18,305	$ 12,189
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	63,719	61,097
Loss (gain) on disposal or impairment of assets	2,646	(520)
Accelerated deferred debt costs	720	0
Deferred income taxes	(20,451)	(1,982)
Non-cash stock compensation expense	46,707	33,955
Changes in operating assets and liabilities:
Accounts receivable, net	(11,432)	(6,161)
Other assets	(1,277)	8,653
Accounts payable and other liabilities	(18,232)	(11,819)
Deferred revenue	(4,314)	(10,247)
Net cash provided by operating activities	76,391	85,165
Cash flows from investing activities:
Capitalized software development costs	(10,332)	(11,171)
Capital expenditures	(26,950)	(30,096)
Data acquisition costs	(621)	(463)
Payments to Acquire Equity Method Investments	(1,000)	0
Net cash received from disposition	4,000	16,988
Net cash paid	0	137,383
Net cash used in investing activities	(34,903)	(162,125)
Cash flows from financing activities:
Proceeds from debt	230,000	70,000
Payments of debt	(226,732)	(24,173)
Fees for debt refinancing	(4,001)	0
Sale of common stock, net of stock acquired for withholding taxes	5,107	9,670
Excess tax benefits from stock-based compensation	0	1,785
Acquisition of treasury stock	(39,441)	(30,542)
Net cash provided by (used) in financing activities	(35,067)	26,740
Effect of exchange rate changes on cash	1,043	(1,559)
Net change in cash and cash equivalents	7,464	(51,779)
Cash and cash equivalents at beginning of period	170,343	189,629
Cash and cash equivalents at end of period	177,807	137,850
Cash paid during the period for:
Interest	6,712	5,301
Income taxes, net of refunds	1,152	4,796
Non-cash investing and financing activities:
Leasehold improvements paid directly by lessor	$ 978	$ 0

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	9 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: These condensed consolidated financial statements have been prepared by Acxiom Corporation (“Registrant,” “Acxiom,” we, us or the “Company”), without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC” or the “Commission”). In the opinion of the Registrant’s management, all adjustments necessary for a fair presentation of the results for the periods included have been made, and the disclosures are adequate to make the information presented not misleading. All such adjustments are of a normal recurring nature. Certain note information has been omitted because it has not changed significantly from that reflected in Notes 1 through 19 of the Notes to Consolidated Financial Statements filed as part of Item 8 of the Registrant’s annual report on Form 10-K for the fiscal year ended March 31, 2017 (“2017 Annual Report”), as filed with the Commission on May 26, 2017. This quarterly report and the accompanying condensed consolidated financial statements should be read in connection with the 2017 Annual Report. The financial information contained in this quarterly report is not necessarily indicative of the results to be expected for any other period or for the full fiscal year ending March 31, 2018. 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 condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”). Actual results could differ from those estimates. Certain of the accounting policies used in the preparation of these condensed consolidated financial statements are complex and require management to make judgments and/or significant estimates regarding amounts reported or disclosed in these financial statements. Additionally, the application of certain of these accounting policies is governed by complex accounting principles and their interpretation. A discussion of the Company’s significant accounting principles and their application is included in Note 1 of the Notes to Consolidated Financial Statements and in Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, of the Company’s 2017 Annual Report. Accounting Pronouncements Adopted During the Current Year In January 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business" ("ASU 2017-01"), which amended the existing FASB Accounting Standards Codification. The standard provides additional guidance to assist entities with evaluation of whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting, including acquisitions, disposals, goodwill, and consolidation. ASU 2017-01 is effective for the Company beginning in fiscal 2019, with early adoptions permitted. We adopted the standard in the current fiscal year, on a prospective basis, and do not expect the adoption of this guidance to have a material impact on our condensed consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash" ("ASU 2016-18"). 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. We adopted the standard during the current fiscal year. Early adoption did not result in any changes to our existing accounting policies, presentation of items in our condensed consolidated financial statements and related disclosures, or any changes resulting from the retrospective application to all periods reported. In March 2016, the FASB issued ASU No. 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting" ("ASU 2016-09"), which is intended to improve the accounting for stock-based payment transactions as part of the FASB's simplification initiative. The ASU changes five aspects of the accounting for stock-based payment award transactions that will affect public companies, including: (1) accounting for income taxes; (2) classification of excess tax benefits on the statement of cash flows; (3) forfeitures; (4) minimum statutory tax withholding requirements; and (5) classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes. The inclusion of excess tax benefits and deficiencies as a component of income tax expense will increase volatility within our provision for income taxes as the amount of excess tax benefits or deficiencies from stock-based compensation awards depends on our stock price at the date the awards vest or the date of option exercises. This guidance also requires excess tax benefits to be presented as an operating activity on the statement of cash flows and allows an entity to make an accounting policy election to either estimate expected forfeitures or to account for them as they occur. We adopted ASU No. 2016-09 during the current fiscal year, which required us to reflect any adjustments as of April 1, 2017. We elected to account for forfeitures as they occur rather than estimating expected forfeitures. We recorded the cumulative impact of adoption through an increase in retained earnings of $2.2 million, of which $2.6 million related to deferred tax assets from certain federal and state research tax credit carryforwards attributable to excess tax benefits from stock-based compensation that had not been previously recognized, offset by $0.4 million related to elimination of the forfeiture pool. We elected to prospectively adopt the effect on the statement of cash flows and accordingly, did not restate the Condensed Consolidated Statement of Cash Flows for the nine months ended December 31, 2016. 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" ("ASU 2017-04"), which eliminates step two from the goodwill impairment test. Under 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 February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" ("ASU 2016-02"), as a comprehensive new standard that amends various aspects of existing guidance for leases and requires additional disclosures about leasing arrangements. The new standard will require lessees to recognize a right-of-use asset and a lease liability on the balance sheet for all leases with the exception of short-term leases. For lessees, leases will continue to be classified as either operating or finance in the income statement. Lessor accounting is similar to the current model but updated to align with certain changes to the lessee model. Lessors will continue to classify leases as operating, direct financing or sales-type leases. 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 statements and related disclosures. In May 2014, the FASB issued update ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)" ("ASU 2014-09") 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 (ASU 2014-09 and the subsequent amendments, collectively, "Topic 606"). Topic 606 supersedes nearly all existing revenue recognition guidance under U.S. 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 U.S. 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 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. 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.

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:

9 Months Ended

Dec. 31, 2017

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:

EARNINGS PER SHARE AND STOCKHOLDERS’ EQUITY:

Earnings Per Share

A reconciliation of the numerator and denominator of basic and diluted earnings per share is shown below (in thousands, except per share amounts):



	For the three months ended				For the nine months ended
	December 31,				December 31,
	2017		2016		2017		2016
Basic earnings per share:
Net earnings	$	22,941	$	1,073	$	18,305	$	12,189

Basic weighted-average shares outstanding	79,043		77,507		78,983		77,475

Basic earnings per share	$	0.29	$	0.01	$	0.23	$	0.16

Diluted earnings per share:
Basic weighted-average shares outstanding	79,043		77,507		78,983		77,475
Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method	2,826		2,344		2,611		2,019
Diluted weighted-average shares outstanding	81,869		79,851		81,594		79,494

Diluted earnings per share	$	0.28	$	0.01	$	0.22	$	0.15

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 per share because the effect was anti-dilutive are shown below (shares in thousands):



	For the three months ended		For the nine months ended
	December 31,		December 31,
	2017	2016	2017	2016
Number of shares outstanding under options, warrants and restricted stock units	97	156	89	345
Range of exercise prices for options	$32.85	$32.85	$32.85	$20.27-$32.85

Stockholders’ Equity

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 nine months ended December 31, 2017, the Company repurchased 1.6 million shares of its common stock for $39.4 million. Through December 31, 2017, the Company had repurchased a total of 18.4 million shares of its stock for $325.2 million, leaving remaining capacity of $74.8 million under the stock repurchase program.

Accumulated Other Comprehensive Income

Accumulated other comprehensive income accumulated balances of $9.8 million and $8.0 million at December 31, 2017 and March 31, 2017, respectively, reflect accumulated foreign currency translation adjustments.

SHARE-BASED COMPENSATION:

9 Months Ended

Dec. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

SHARE-BASED COMPENSATION:

Share-based Compensation Plans

The Company has stock option and equity compensation plans for which a total of 34.5 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 December 31, 2017, there were a total of 6.2 million shares available for future grants under the plans.

During the quarter ended June 30, 2017, the Board voted to amend the Amended and Restated 2005 Equity Compensation Plan to increase the number of shares available under the plan from 28.4 million shares to 32.9 million shares, bringing the total number of shares reserved for issuance since inception of the plans from 30.0 million shares at March 31, 2017 to 34.5 million shares at December 31, 2017. That amendment received shareholder approval at the August 8, 2017 annual shareholders' meeting.

Stock Option Activity

Stock option activity for the nine months ended December 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, 2017	3,033,071		$	13.14
Performance units converted to options	299,641		$	21.32
Exercised	(526,842	)	$	15.05		$	6,044
Forfeited or canceled	(88,870	)	$	20.08
Outstanding at December 31, 2017	2,717,000		$	13.45	5.7	$	38,448
Exercisable at December 31, 2017	2,109,993		$	13.53	5.1	$	29,701

The aggregate intrinsic value at period end represents the 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 December 31, 2017. This amount changes based upon changes in the fair market value of Acxiom’s common stock.

A summary of stock options outstanding and exercisable as of December 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
$	0.61	—	$	9.99	690,169	6.4 years	$	1.68	474,434	$	1.77
$	10.00	—	$	19.99	1,262,595	4.9 years	$	14.94	1,076,909	$	14.47
$	20.00	—	$	24.99	744,684	6.6 years	$	21.31	539,098	$	21.33
$	25.00	—	$	32.85	19,552	5.9 years	$	32.85	19,552	$	32.85
					2,717,000	5.7 years	$	13.45	2,109,993	$	13.53

Total expense related to stock options for the nine months ended December 31, 2017 and 2016 was approximately $4.1 million and $5.4 million, respectively. Future expense for these options is expected to be approximately $7.1 million in total over the next four years.

Performance Stock Option Unit Activity

Performance stock option unit activity for the nine months ended December 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, 2017	555,123		$	21.41
Performance units converted to options	(183,322	)	$	21.41
Forfeited or canceled	(25,201	)	$	21.32
Outstanding at December 31, 2017	346,600		$	21.41	1.9	$	2,131
Exercisable at December 31, 2017	—		$	—	—	$	—

Of the performance stock option units outstanding at March 31, 2017, 183,322 reached maturity of the relevant performance period at March 31, 2017. During the quarter ended June 30, 2017, the units vested at an approximate 163% attainment level resulting in issuance of 299,641 stock options having a weighted average exercise price of $21.32.

Total expense related to performance stock option units for the nine months ended December 31, 2017 and 2016 was $0.9 million and $1.0 million, respectively. Future expense for these performance stock option units is expected to be approximately $2.1 million in total over the next four years.

Stock Appreciation Right ("SAR") Activity

SAR activity for the nine months ended December 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, 2017	245,404		$	40.00
Forfeited or canceled	(245,404	)	$	40.00
Outstanding at December 31, 2017	—		$	—	—	$	—

All of the SAR units outstanding at March 31, 2017 reached maturity of the relevant performance period on March 31, 2017. The units achieved a 100% performance attainment level. However, application of the vesting multiplier resulted in zero shares granted and cancellation of all the units during the quarter ended June 30, 2017.

Restricted Stock Unit Activity

During the nine months ended December 31, 2017, the Company granted time-vesting restricted stock units covering 1,687,416 shares of common stock with a fair value at the date of grant of $44.2 million. Of the restricted stock units granted in the current period, 358,812 vest in equal annual increments over four years, 106,571 vest in equal annual increments over three years, 1,008,851 vest 25% at the one-year anniversary and 75% in equal quarterly increments over the subsequent three years, 174,368 vest 50% at the one-year anniversary and 50% in equal quarterly increments over the following year, and 38,814 vest in one year. Grant date fair value of these units is equal to the quoted market price for the shares on the date of grant.

Non-vested time-vesting restricted stock unit activity for the nine months ended December 31, 2017 was:



			Weighted-average
			fair value per		Weighted-average
	Number		share at grant		remaining contractual
	of shares		date		term (in years)
Outstanding at March 31, 2017	3,307,577		$	22.57	2.45
Granted	1,687,416		$	26.17
Vested	(1,067,370	)	$	22.30
Forfeited or canceled	(345,581	)	$	23.36
Outstanding at December 31, 2017	3,582,042		$	24.27	2.48

During the nine months ended December 31, 2017, the Company granted performance-based restricted stock units covering 425,880 shares of common stock having a fair value at the date of grant of $11.2 million. Of the performance-based restricted stock units granted in the current period, 221,746 units - having a fair value at the date of grant of $6.2 million, determined using a Monte Carlo simulation model - vest subject to attainment of performance criteria established by the compensation committee of the board of directors (“compensation committee”) and continuous employment through the vesting date. The 221,746 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 for the period from April 1, 2017 to March 31, 2020.

Of the performance-based restricted stock units granted in the current period, 87,184 units - having a fair value at the date of grant of $2.1 million, based on the quoted market price for the shares on the date of grant - vest over two periods, each being subject to attainment of performance criteria established by the compensation committee and continuous employment through the vesting date. At the end of the first year, the performance units may vest in a number of shares, from zero to 75% of the initial award. At the end of the second year, the performance units may vest in a number of shares, from zero to 150% of the initial award, less the number of shares awarded at completion of year one. The units will vest based on the attainment of certain revenue growth initiatives for the period from October 1, 2017 to September 30, 2019.

The remaining 116,950 performance-based restricted stock units granted in the current period - having a fair value at the date of grant of $2.9 million, based on the quoted market price for the shares on the date of grant - vest in three equal tranches, each being subject to attainment of performance criteria established by the compensation committee and continuous employment through the vesting date. Each of the three tranches may vest in a number of shares, from zero to 300% of the initial award, based on the attainment of certain revenue growth and operating margin targets for the years ending March 31, 2018, 2019, and 2020, respectively.

Non-vested performance-based restricted stock unit activity for the nine months ended December 31, 2017 was:



			Weighted-average
			fair value per		Weighted-average
	Number		share at grant		remaining contractual
	of shares		date		term (in years)
Outstanding at March 31, 2017	732,711		$	20.89	1.13
Granted	425,880		$	26.22
Additional earned performance shares	94,775		$	19.46
Vested	(252,760	)	$	19.46
Forfeited or canceled	(48,422	)	$	22.00
Outstanding at December 31, 2017	952,184		$	23.45	1.37

Of the performance-based restricted stock units outstanding at March 31, 2017, 157,985 related to a performance period ended March 31, 2017. During the quarter ended June 30, 2017, the units vested at a 160% attainment level based on performance results approved by the compensation committee, resulting in issuance of 252,760 shares of common stock, of which 94,775 were the additional earned performance shares referenced in the table above.

Of the performance-based restricted stock units outstanding at December 31, 2017, 251,399 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 502,798 shares of common stock, before consideration of the TSR multiplier, in the first quarter of fiscal 2019.

Total expense related to restricted stock for the nine months ended December 31, 2017 and 2016 was approximately $29.5 million and $24.4 million, respectively. Future expense for restricted stock units is expected to be approximately $11.8 million for the three months ending March 31, 2018, $36.0 million in fiscal 2019, $24.6 million in fiscal 2020, $11.7 million in fiscal 2021, and $2.0 million in fiscal 2022.

Other Performance Unit Activity

Other performance-based stock unit activity for the nine months ended December 31, 2017 was:



			Weighted-average
			fair value per		Weighted-average
	Number		share at grant		remaining contractual
	of shares		date		term (in years)
Outstanding at March 31, 2017	597,193		$	4.14	0.30
Vested	(24,573	)	$	2.94
Forfeited or canceled	(461,509	)	$	3.92
Outstanding at December 31, 2017	111,111		$	5.33	0.25

Of the other performance-based stock units outstanding at March 31, 2017, 201,464 reached maturity of the relevant performance period on March 31, 2017. The units achieved a 100% performance attainment level. However, application of the share price adjustment factor resulted in zero shares granted and cancellation of all the units during the quarter ended June 30, 2017.

Of the other performance-based stock units outstanding at March 31, 2017, 284,618 reached maturity of the relevant performance period on June 30, 2017. The units achieved an approximate 9% performance attainment level, resulting in issuance of 24,573 shares of common stock during the quarter ended September 30, 2017.

The remaining 111,111 performance-based units outstanding at December 31, 2017 will reach maturity of the relevant performance period on March 31, 2018. The units are expected to achieve a 100% performance attainment level. However, application of the share price adjustment factor is expected to result in an approximate 75% reduction in shares granted, in the first quarter of fiscal 2019.

Total expense related to other performance units for the nine months ended December 31, 2017 and 2016 was $0.1 million and $0.7 million, respectively. Future expense for these performance units is expected to be approximately $0.1 million over the next three months ending March 31, 2018.

Consideration Holdback

As part of the Company’s acquisition of Arbor in fiscal 2017, $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 vests 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 vests and is settled in shares of Company common stock. The number of shares is based on the then-current market price of the Company common stock.

Total expense related to the Holdback Agreement for the nine months ended December 31, 2017 was approximately $11.5 million.

DISPOSITIONS:

9 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS AND DISPOSITIONS:

DISPOSITION:

Disposition of Impact email business

In fiscal 2017, 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 with interest accruing at a rate of 6.0% per annum. The note was paid in full during the quarter ended September 30, 2017. 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.

Revenue and income from operations from the disposed Impact email business are shown below (dollars in thousands):



	For the three months ended				For the nine months ended
	December 31,				December 31,
	2017		2016		2017		2016
Revenues	$	—	$	—	$	—	$	20,375
Income from operations	$	—	$	—	$	—	$	120

OTHER CURRENT AND NONCURRENT ASSETS:

9 Months Ended

Dec. 31, 2017

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

OTHER CURRENT AND NONCURRENT ASSETS:

Other current assets consist of the following (dollars in thousands):



	December 31, 2017		March 31, 2017
Prepaid expenses and other	$	28,246	$	25,714
Escrow deposit	—		5,880
Note receivable	—		4,000
Assets of non-qualified retirement plan	14,111		12,716
Other current assets	$	42,357	$	48,310

Other noncurrent assets consist of the following (dollars in thousands):



	December 31, 2017		March 31, 2017
Acquired intangible assets, net	$	36,183	$	43,884
Deferred data acquisition costs	982		1,116
Other miscellaneous noncurrent assets	6,411		6,443
Noncurrent assets	$	43,576	$	51,443

OTHER ACCRUED EXPENSES:

9 Months Ended

Dec. 31, 2017

Other Accrued Expenses [Abstract].

OTHER ACCRUED EXPENSES

OTHER ACCRUED EXPENSES:

Other accrued expenses consist of the following (dollars in thousands):



	December 31, 2017		March 31, 2017
Accrued purchase consideration	$	—	$	5,880
Liabilities of non-qualified retirement plan	14,111		12,716
Other accrued expenses	39,888		41,265
Other accrued expenses	$	53,999	$	59,861

GOODWILL:

9 Months Ended

Dec. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL:

The following table summarizes Goodwill activity, by segment, for the nine months ended December 31, 2017 (dollars in thousands):



	Marketing Services		Audience Solutions		Connectivity			Total
Balance at March 31, 2017	$	118,890	$	273,448	$	200,393		$	592,731
Arbor adjustment	—		—		(21		)	(21		)
Change in foreign currency translation adjustment	82		—		35			117
Balance at December 31, 2017	$	118,972	$	273,448	$	200,407		$	592,827

Goodwill by component included in each segment as of December 31, 2017 was:



	Marketing Services		Audience Solutions		Connectivity		Total
U.S.	$	110,910	$	273,448	$	196,812	$	581,170
APAC	8,062		—		3,595		11,657
Balance at December 31, 2017	$	118,972	$	273,448	$	200,407	$	592,827

LONG-TERM DEBT:

9 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

LONG-TERM DEBT:

Long-term debt consists of the following (dollars in thousands):



	December 31, 2017		March 31, 2017
Term loan credit agreement	$	—	$	155,000
Revolving credit borrowings	230,000		70,000
Other debt	3,881		5,612
Total long-term debt	233,881		230,612

Less current installments	1,837		39,819
Less deferred debt financing costs	4,101		1,552
Long-term debt, excluding current installments and deferred debt financing costs	$	227,943	$	189,241

On June 20, 2017, the Company entered into a Sixth Amended and Restated Credit Agreement (the "restated credit agreement") as part of refinancing its prior credit agreement. On that day, the Company used an initial draw of $230 million to pay off the outstanding $225 million term and revolving loan balances, with interest, along with $4.0 million in fees related to the restated credit agreement. The fees are being amortized over the term of the agreement.

The Company's restated credit agreement provides for (1) revolving credit facility borrowings consisting of revolving loans, letters of credit participation, and swing-line loans (the “revolving loans”) in an aggregate amount of $600 million and (2) a provision allowing the Company to request an increase of the aggregate amount of the revolving loans in an amount not to exceed $150 million. The restated credit agreement is secured by the accounts receivable of the Company and its domestic subsidiaries, as well as by the outstanding stock of certain subsidiaries of the Company. The restated credit agreement contains customary representations, warranties, affirmative and negative covenants, and default and acceleration provisions. The restated credit agreement matures, and is fully due and payable, on June 20, 2022 and allows for prepayments before maturity.

The revolving loan borrowings bear interest at LIBOR or at an alternative base rate plus a credit spread. At December 31, 2017, the revolving loan borrowing bears interest at LIBOR plus a credit spread of 2%. The weighted-average interest rate on revolving credit borrowings at December 31, 2017 was 3.6%. There were no material outstanding letters of credit at December 31, 2017 or March 31, 2017.

Under the terms of the restated credit agreement, the Company is required to maintain certain debt-to-cash flow and interest coverage ratios, among other restrictions. At December 31, 2017, the Company was in compliance with these covenants and restrictions.

ALLOWANCE FOR DOUBTFUL ACCOUNTS:	9 Months Ended
ALLOWANCE FOR DOUBTFUL ACCOUNTS:	Dec. 31, 2017
Valuation and Qualifying Accounts [Abstract]
ALLOWANCE FOR DOUBTFUL ACCOUNTS:	ALLOWANCE FOR DOUBTFUL ACCOUNTS: Trade accounts receivable are presented net of allowances for doubtful accounts, returns and credits of $6.3 million at December 31, 2017 and $6.1 million at March 31, 2017.

SEGMENT INFORMATION:

9 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

SEGMENT INFORMATION:

The Company reports segment information consistent with the way management internally disaggregates its operations to assess performance and to allocate resources.

Revenues 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):



	For the three months ended				For the nine months ended
	December 31,				December 31,
	2017		2016		2017		2016
Revenues:
Marketing Services	$	94,457	$	101,177	$	280,093	$	316,571
Audience Solutions	84,436		83,399		238,984		235,669
Connectivity	55,978		38,736		153,548		103,140
Total segment revenues	$	234,871	$	223,312	$	672,625	$	655,380

Gross profit⁽¹⁾:
Marketing Services	$	35,798	$	37,494	$	101,476	$	109,440
Audience Solutions	52,821		53,120		148,352		143,030
Connectivity	37,914		23,091		100,730		60,509
Total segment gross profit	$	126,533	$	113,705	$	350,558	$	312,979

Income from operations⁽¹⁾:
Marketing Services	$	22,063	$	21,127	$	63,721	$	61,109
Audience Solutions	33,112		34,572		91,151		89,640
Connectivity	6,808		1,877		12,475		3,831
Total segment income from operations	$	61,983	$	57,576	$	167,347	$	154,580

⁽¹⁾ Gross profit and income 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, segment gross profit and income from operations do not include non-cash stock compensation expense and purchased intangible asset amortization.

The following table reconciles total segment gross profit to gross profit and total operating segment income from operations to income from operations (dollars in thousands):



	For the three months ended					For the nine months ended
	December 31,					December 31,
	2017			2016		2017		2016
Total segment gross profit	$	126,533		$	113,705	$	350,558	$	312,979

Less:
Purchased intangible asset amortization	5,971			4,621		17,958		12,588
Non-cash stock compensation	1,611			2,240		4,927		4,403
Gross profit	$	118,951		$	106,844	$	327,673	$	295,988

Total segment income from operations	$	61,983		$	57,576	$	167,347	$	154,580

Less:
Corporate expenses (principally general and administrative)	23,862			24,184		75,582		75,342
Separation and transformation costs included in general and administrative	5,214			4,118		17,775		5,573
Gains, losses and other items, net	(41		)	2,111		3,521		2,725
Purchased intangible asset amortization	5,971			4,621		17,958		12,588
Non-cash stock compensation	15,919			13,427		46,707		33,955
Income from operations	$	11,058		$	9,115	$	5,804	$	24,397

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

9 Months Ended

Dec. 31, 2017

Restructuring and Related Activities [Abstract]

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

The following table summarizes the restructuring activity for the nine months ended December 31, 2017 (dollars in thousands):



	Associate-related reserves			Lease accruals			Total
March 31, 2017	$	2,400		$	4,308		$	6,708
Restructuring charges and adjustments	1,476			2,068			3,544
Payments	(2,842		)	(1,187		)	(4,029		)
December 31, 2017	$	1,034		$	5,189		$	6,223

The above balances are included in other accrued expenses and other liabilities on the condensed consolidated balance sheet.

Restructuring Plans

In the nine months ended December 31, 2017, the Company recorded a total of $3.5 million in restructuring charges and adjustments included in gains, losses and other items, net in the condensed consolidated statement of operations. The expense included severance and other associate-related charges of $1.5 million, lease accruals and adjustments of $1.0 million, and leasehold improvement write-offs of $1.1 million.

The associate-related accruals of $1.5 million relate to the termination of associates in the United States. Of the amount accrued, $0.3 million remained accrued as of December 31, 2017. These costs are expected to be paid out in fiscal 2018.

The lease accruals and adjustments of $1.0 million result from the Company's exit from certain leased office facilities. Of the amount accrued, together with the deferred rent credits of $1.4 million related to the space, $2.1 million remained accrued as of December 31, 2017.

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 condensed 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. Of the associate-related accruals of $3.8 million, $0.2 million remained accrued as of December 31, 2017. These costs are expected to be paid out in fiscal 2018. The lease accruals and adjustments of $3.0 million resulted from the Company's exit from certain leased office facilities ($1.5 million) and adjustments to estimates related to the fiscal 2015 lease accruals ($1.5 million). Of the amount accrued for fiscal 2017 lease accruals, $2.3 million remained accrued as of December 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 condensed 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. Of the associate-related accruals of $8.6 million, $0.2 million remained accrued as of December 31, 2017. These amounts are expected to be paid out in fiscal 2018. The lease termination charges and accruals of $3.0 million 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 condensed 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. Of the associate-related accruals of $13.3 million, $0.3 million remained accrued as of December 31, 2017. These amounts are expected to be paid out in fiscal 2018. Of the lease accruals of $6.5 million, $0.8 million remained accrued as of December 31, 2017.

With respect to the fiscal 2015, 2017, and 2018 lease accruals described above, the Company intends to sublease the facilities to the extent possible. The liabilities 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.

Gains, Losses and Other Items

Gains, losses and other items for each of the periods presented are as follows (dollars in thousands):



	For the three months ended						For the nine months ended
	December 31,						December 31,
	2017			2016			2017			2016
Restructuring plan charges and adjustments	$	(18	)	$	899		$	3,545		$	2,107
Gain on disposition of Impact email business	—			(155		)	—			(784		)
Arbor and Circulate acquisition-related costs	—			1,365			—			1,365
Other	(23		)	2			(24		)	36
	$	(41	)	$	2,111		$	3,521		$	2,724

COMMITMENTS AND CONTINGENCIES:	9 Months Ended
COMMITMENTS AND CONTINGENCIES:	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES:	COMMITMENTS AND CONTINGENCIES: 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 condensed 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 condensed 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 $84.5 million. In connection with the Impact email disposition during fiscal 2017, 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 continues through September 2021. At December 31, 2017, the Company’s maximum potential future rent payments under this guarantee totaled $2.3 million.

INCOME TAXES:	9 Months Ended
INCOME TAXES:	Dec. 31, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES:	INCOME TAX: On December 22, 2017, the United States (“U.S.”) enacted significant changes to U.S. tax law following the passage of H.R.1, “An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018” (the “Tax Act”) (previously known as “The Tax Cuts and Jobs Act”). The Tax Act included significant changes to existing tax law, including a permanent reduction to the U.S. federal corporate income tax rate from 35% to 21%, a one-time repatriation tax on deferred foreign income (“Transition Tax”), and numerous other changes to business-related deductions. The permanent reduction to the U.S. federal corporate income tax rate from 35% to 21% is effective January 1, 2018 (the “Effective Date”). Because the Effective Date does not fall on the first day of our fiscal year, we are required to apply a blended tax rate for the entire fiscal year by applying a prorated percentage of the number of days before and after the Effective Date. As a result of the Tax Act, we have determined that our U.S. federal statutory corporate income tax rate will be 31.5% for the fiscal year ending March 31, 2018. We recorded a $20.3 million benefit for the remeasurement of net deferred tax liabilities, which was included in income tax expense (benefit) in the Company's Condensed Consolidated Statements of Operations. We remeasured our deferred taxes to reflect the reduced Federal tax rate that will apply when these deferred taxes are settled or realized in future periods. To calculate the remeasurement of deferred taxes we estimated the periods during which the existing deferred taxes will be settled or realized. The remeasurement of deferred taxes included in our condensed consolidated financial statements will be subject to further revisions if our current estimates are different from our actual future operating results. Given the Company's aggregate deficit related to foreign earnings and profits, we have determined that the Company will not incur a Transition Tax liability. On December 22, 2017, the SEC issued Staff Accounting Bulletin 118 (“SAB 118”) which provides guidance on accounting for the tax effects of the Tax Act. The SEC staff (the “Staff”) recognized that a registrant’s review of certain income tax effects of the Tax Act may be incomplete at the time financial statements are issued for the reporting period that includes the enactment date, including interim periods therein. If a company does not have the necessary information available, prepared or analyzed for certain income tax effects of the Tax Act, SAB 118 allows a company to report provisional numbers and adjust those amounts during the measurement period not to extend beyond one year. The adjustments to net deferred tax liabilities are provisional amounts estimated based on information available as of December 31, 2017. These amounts are subject to change as we obtain information necessary to complete the calculations. We will recognize any changes to the provisional amounts as we refine our estimates of the cumulative temporary differences, including those related to immediate deduction for qualified property, and our interpretations of the application of the Tax Act. We continue to review the anticipated impacts of the global intangible low taxed income (“GILTI”) and base erosion anti-abuse tax (“BEAT”) on the Company, which are not effective until fiscal year 2019. The Company has not recorded any impact associated with either GILTI or BEAT in the tax rate for the third quarter of fiscal year 2018. Within the calculation of its annual effective tax rate the Company has used assumptions and estimates that may change as a result of future guidance, interpretation, and rule-making from the Internal Revenue Service, the SEC, and the FASB and/or various other taxing jurisdictions. For example, the Company anticipates that the U.S. state jurisdictions will continue to determine and announce their conformity to the Tax Act, which could have an impact on the annual effective tax rate. In determining the quarterly provision for income taxes, the Company makes its best estimate of the effective income tax rate expected to be applicable for the full fiscal year. The estimated effective income tax rate for the current fiscal year is impacted by nondeductible stock-based compensation, state income taxes, research tax credits, and losses in foreign jurisdictions. State income taxes are influenced by the geographic and legal entity mix of the Company’s U.S. income as well as the diversity of rules among the states. The Company does not record a tax benefit for certain foreign losses due to uncertainty of future utilization. As a result of adopting ASU 2016–09 during the first quarter of the current fiscal year, all excess tax benefits and deficiencies from stock–based compensation are recognized as income tax benefit and expense in the Company’s Condensed Consolidated Statement of Operations in the reporting period in which they occur. For the three months and nine months ended December 31, 2017, the Company recognized discrete income tax expense of $0.1 million and benefit of $1.9 million, respectively, related to net excess tax benefits and deficiencies.

FAIR VALUE OF FINANCIAL INSTRUMENTS:

9 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS:

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 revolving credit agreement is adjusted for changes in market rates and therefore the carrying value 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 December 31, 2017, the estimated fair value of long-term debt approximates its carrying value.

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 assets measured at fair value as of December 31, 2017 (dollars in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Other current assets	$	14,111	$	—	$	—	$	14,111
Total assets	$	14,111	$	—	$	—	$	14,111

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Policies)	9 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Recent Accounting Pronouncements Not Yet Adopted	Accounting Pronouncements Adopted During the Current Year In January 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business" ("ASU 2017-01"), which amended the existing FASB Accounting Standards Codification. The standard provides additional guidance to assist entities with evaluation of whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting, including acquisitions, disposals, goodwill, and consolidation. ASU 2017-01 is effective for the Company beginning in fiscal 2019, with early adoptions permitted. We adopted the standard in the current fiscal year, on a prospective basis, and do not expect the adoption of this guidance to have a material impact on our condensed consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash" ("ASU 2016-18"). 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. We adopted the standard during the current fiscal year. Early adoption did not result in any changes to our existing accounting policies, presentation of items in our condensed consolidated financial statements and related disclosures, or any changes resulting from the retrospective application to all periods reported. In March 2016, the FASB issued ASU No. 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting" ("ASU 2016-09"), which is intended to improve the accounting for stock-based payment transactions as part of the FASB's simplification initiative. The ASU changes five aspects of the accounting for stock-based payment award transactions that will affect public companies, including: (1) accounting for income taxes; (2) classification of excess tax benefits on the statement of cash flows; (3) forfeitures; (4) minimum statutory tax withholding requirements; and (5) classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes. The inclusion of excess tax benefits and deficiencies as a component of income tax expense will increase volatility within our provision for income taxes as the amount of excess tax benefits or deficiencies from stock-based compensation awards depends on our stock price at the date the awards vest or the date of option exercises. This guidance also requires excess tax benefits to be presented as an operating activity on the statement of cash flows and allows an entity to make an accounting policy election to either estimate expected forfeitures or to account for them as they occur. We adopted ASU No. 2016-09 during the current fiscal year, which required us to reflect any adjustments as of April 1, 2017. We elected to account for forfeitures as they occur rather than estimating expected forfeitures. We recorded the cumulative impact of adoption through an increase in retained earnings of $2.2 million, of which $2.6 million related to deferred tax assets from certain federal and state research tax credit carryforwards attributable to excess tax benefits from stock-based compensation that had not been previously recognized, offset by $0.4 million related to elimination of the forfeiture pool. We elected to prospectively adopt the effect on the statement of cash flows and accordingly, did not restate the Condensed Consolidated Statement of Cash Flows for the nine months ended December 31, 2016. 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" ("ASU 2017-04"), which eliminates step two from the goodwill impairment test. Under 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 February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" ("ASU 2016-02"), as a comprehensive new standard that amends various aspects of existing guidance for leases and requires additional disclosures about leasing arrangements. The new standard will require lessees to recognize a right-of-use asset and a lease liability on the balance sheet for all leases with the exception of short-term leases. For lessees, leases will continue to be classified as either operating or finance in the income statement. Lessor accounting is similar to the current model but updated to align with certain changes to the lessee model. Lessors will continue to classify leases as operating, direct financing or sales-type leases. 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 statements and related disclosures. In May 2014, the FASB issued update ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)" ("ASU 2014-09") 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 (ASU 2014-09 and the subsequent amendments, collectively, "Topic 606"). Topic 606 supersedes nearly all existing revenue recognition guidance under U.S. 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 U.S. 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 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. 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.

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY: (Tables)

9 Months Ended

Dec. 31, 2017

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:

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 per share is shown below (in thousands, except per share amounts):



	For the three months ended				For the nine months ended
	December 31,				December 31,
	2017		2016		2017		2016
Basic earnings per share:
Net earnings	$	22,941	$	1,073	$	18,305	$	12,189

Basic weighted-average shares outstanding	79,043		77,507		78,983		77,475

Basic earnings per share	$	0.29	$	0.01	$	0.23	$	0.16

Diluted earnings per share:
Basic weighted-average shares outstanding	79,043		77,507		78,983		77,475
Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method	2,826		2,344		2,611		2,019
Diluted weighted-average shares outstanding	81,869		79,851		81,594		79,494

Diluted earnings per share	$	0.28	$	0.01	$	0.22	$	0.15

Schedule of anti-dilutive options, warrants and restricted stock units excluded from computation of earnings (loss) per share



	For the three months ended		For the nine months ended
	December 31,		December 31,
	2017	2016	2017	2016
Number of shares outstanding under options, warrants and restricted stock units	97	156	89	345
Range of exercise prices for options	$32.85	$32.85	$32.85	$20.27-$32.85

SHARE-BASED COMPENSATION: (Tables)

9 Months Ended

Dec. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of option activity

Stock option activity for the nine months ended December 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, 2017	3,033,071		$	13.14
Performance units converted to options	299,641		$	21.32
Exercised	(526,842	)	$	15.05		$	6,044
Forfeited or canceled	(88,870	)	$	20.08
Outstanding at December 31, 2017	2,717,000		$	13.45	5.7	$	38,448
Exercisable at December 31, 2017	2,109,993		$	13.53	5.1	$	29,701

Summary of stock options outstanding and exercisable

A summary of stock options outstanding and exercisable as of December 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
$	0.61	—	$	9.99	690,169	6.4 years	$	1.68	474,434	$	1.77
$	10.00	—	$	19.99	1,262,595	4.9 years	$	14.94	1,076,909	$	14.47
$	20.00	—	$	24.99	744,684	6.6 years	$	21.31	539,098	$	21.33
$	25.00	—	$	32.85	19,552	5.9 years	$	32.85	19,552	$	32.85
					2,717,000	5.7 years	$	13.45	2,109,993	$	13.53

Schedule of stock appreciation right (SAR) activity

Performance stock option unit activity for the nine months ended December 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, 2017	555,123		$	21.41
Performance units converted to options	(183,322	)	$	21.41
Forfeited or canceled	(25,201	)	$	21.32
Outstanding at December 31, 2017	346,600		$	21.41	1.9	$	2,131
Exercisable at December 31, 2017	—		$	—	—	$	—

SAR activity for the nine months ended December 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, 2017	245,404		$	40.00
Forfeited or canceled	(245,404	)	$	40.00
Outstanding at December 31, 2017	—		$	—	—	$	—

Schedule of non-vested time-vesting restricted stock unit activity

Non-vested time-vesting restricted stock unit activity for the nine months ended December 31, 2017 was:



			Weighted-average
			fair value per		Weighted-average
	Number		share at grant		remaining contractual
	of shares		date		term (in years)
Outstanding at March 31, 2017	3,307,577		$	22.57	2.45
Granted	1,687,416		$	26.17
Vested	(1,067,370	)	$	22.30
Forfeited or canceled	(345,581	)	$	23.36
Outstanding at December 31, 2017	3,582,042		$	24.27	2.48

Schedule of non-vested performance-based restricted stock units activity

Non-vested performance-based restricted stock unit activity for the nine months ended December 31, 2017 was:



			Weighted-average
			fair value per		Weighted-average
	Number		share at grant		remaining contractual
	of shares		date		term (in years)
Outstanding at March 31, 2017	732,711		$	20.89	1.13
Granted	425,880		$	26.22
Additional earned performance shares	94,775		$	19.46
Vested	(252,760	)	$	19.46
Forfeited or canceled	(48,422	)	$	22.00
Outstanding at December 31, 2017	952,184		$	23.45	1.37

Schedule of other performance unit activity

Other performance-based stock unit activity for the nine months ended December 31, 2017 was:



			Weighted-average
			fair value per		Weighted-average
	Number		share at grant		remaining contractual
	of shares		date		term (in years)
Outstanding at March 31, 2017	597,193		$	4.14	0.30
Vested	(24,573	)	$	2.94
Forfeited or canceled	(461,509	)	$	3.92
Outstanding at December 31, 2017	111,111		$	5.33	0.25

DISPOSITIONS: (Tables)

9 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Schedule of summary results of operations for discontinued operations

Revenue and income from operations from the disposed Impact email business are shown below (dollars in thousands):



	For the three months ended				For the nine months ended
	December 31,				December 31,
	2017		2016		2017		2016
Revenues	$	—	$	—	$	—	$	20,375
Income from operations	$	—	$	—	$	—	$	120

OTHER CURRENT AND NONCURRENT ASSETS: (Tables)

9 Months Ended

Dec. 31, 2017

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of components of other current assets

Other current assets consist of the following (dollars in thousands):



	December 31, 2017		March 31, 2017
Prepaid expenses and other	$	28,246	$	25,714
Escrow deposit	—		5,880
Note receivable	—		4,000
Assets of non-qualified retirement plan	14,111		12,716
Other current assets	$	42,357	$	48,310

Schedule of components of other noncurrent assets

Other noncurrent assets consist of the following (dollars in thousands):



	December 31, 2017		March 31, 2017
Acquired intangible assets, net	$	36,183	$	43,884
Deferred data acquisition costs	982		1,116
Other miscellaneous noncurrent assets	6,411		6,443
Noncurrent assets	$	43,576	$	51,443

OTHER ACCRUED EXPENSES: (Tables)

9 Months Ended

Dec. 31, 2017

Other Accrued Expenses [Abstract].

Schedule of other accrued expenses

Other accrued expenses consist of the following (dollars in thousands):



	December 31, 2017		March 31, 2017
Accrued purchase consideration	$	—	$	5,880
Liabilities of non-qualified retirement plan	14,111		12,716
Other accrued expenses	39,888		41,265
Other accrued expenses	$	53,999	$	59,861

GOODWILL: (Tables)

9 Months Ended

Dec. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill by operating segment and activity and by component included in each segment

The following table summarizes Goodwill activity, by segment, for the nine months ended December 31, 2017 (dollars in thousands):



	Marketing Services		Audience Solutions		Connectivity			Total
Balance at March 31, 2017	$	118,890	$	273,448	$	200,393		$	592,731
Arbor adjustment	—		—		(21		)	(21		)
Change in foreign currency translation adjustment	82		—		35			117
Balance at December 31, 2017	$	118,972	$	273,448	$	200,407		$	592,827

Goodwill by component included in each segment as of December 31, 2017 was:



	Marketing Services		Audience Solutions		Connectivity		Total
U.S.	$	110,910	$	273,448	$	196,812	$	581,170
APAC	8,062		—		3,595		11,657
Balance at December 31, 2017	$	118,972	$	273,448	$	200,407	$	592,827

LONG-TERM DEBT: (Tables)

9 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Schedule of components of long-term debt

Long-term debt consists of the following (dollars in thousands):



	December 31, 2017		March 31, 2017
Term loan credit agreement	$	—	$	155,000
Revolving credit borrowings	230,000		70,000
Other debt	3,881		5,612
Total long-term debt	233,881		230,612

Less current installments	1,837		39,819
Less deferred debt financing costs	4,101		1,552
Long-term debt, excluding current installments and deferred debt financing costs	$	227,943	$	189,241

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

SEGMENT INFORMATION: (Tables)

9 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

Schedule of information by business segment

The following table presents information by business segment (dollars in thousands):



	For the three months ended				For the nine months ended
	December 31,				December 31,
	2017		2016		2017		2016
Revenues:
Marketing Services	$	94,457	$	101,177	$	280,093	$	316,571
Audience Solutions	84,436		83,399		238,984		235,669
Connectivity	55,978		38,736		153,548		103,140
Total segment revenues	$	234,871	$	223,312	$	672,625	$	655,380

Gross profit⁽¹⁾:
Marketing Services	$	35,798	$	37,494	$	101,476	$	109,440
Audience Solutions	52,821		53,120		148,352		143,030
Connectivity	37,914		23,091		100,730		60,509
Total segment gross profit	$	126,533	$	113,705	$	350,558	$	312,979

Income from operations⁽¹⁾:
Marketing Services	$	22,063	$	21,127	$	63,721	$	61,109
Audience Solutions	33,112		34,572		91,151		89,640
Connectivity	6,808		1,877		12,475		3,831
Total segment income from operations	$	61,983	$	57,576	$	167,347	$	154,580

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 segment gross profit to gross profit and total operating segment income from operations to income from operations (dollars in thousands):



	For the three months ended					For the nine months ended
	December 31,					December 31,
	2017			2016		2017		2016
Total segment gross profit	$	126,533		$	113,705	$	350,558	$	312,979

Less:
Purchased intangible asset amortization	5,971			4,621		17,958		12,588
Non-cash stock compensation	1,611			2,240		4,927		4,403
Gross profit	$	118,951		$	106,844	$	327,673	$	295,988

Total segment income from operations	$	61,983		$	57,576	$	167,347	$	154,580

Less:
Corporate expenses (principally general and administrative)	23,862			24,184		75,582		75,342
Separation and transformation costs included in general and administrative	5,214			4,118		17,775		5,573
Gains, losses and other items, net	(41		)	2,111		3,521		2,725
Purchased intangible asset amortization	5,971			4,621		17,958		12,588
Non-cash stock compensation	15,919			13,427		46,707		33,955
Income from operations	$	11,058		$	9,115	$	5,804	$	24,397

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: (Tables)

9 Months Ended

Dec. 31, 2017

Restructuring and Related Activities [Abstract]

Summary of restructuring activity

The following table summarizes the restructuring activity for the nine months ended December 31, 2017 (dollars in thousands):



	Associate-related reserves			Lease accruals			Total
March 31, 2017	$	2,400		$	4,308		$	6,708
Restructuring charges and adjustments	1,476			2,068			3,544
Payments	(2,842		)	(1,187		)	(4,029		)
December 31, 2017	$	1,034		$	5,189		$	6,223

Schedule of gains, losses and other items

Gains, losses and other items for each of the periods presented are as follows (dollars in thousands):



	For the three months ended						For the nine months ended
	December 31,						December 31,
	2017			2016			2017			2016
Restructuring plan charges and adjustments	$	(18	)	$	899		$	3,545		$	2,107
Gain on disposition of Impact email business	—			(155		)	—			(784		)
Arbor and Circulate acquisition-related costs	—			1,365			—			1,365
Other	(23		)	2			(24		)	36
	$	(41	)	$	2,111		$	3,521		$	2,724

FAIR VALUE OF FINANCIAL INSTRUMENTS: (Tables)

9 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Schedule of financial assets and liabilities measured at fair value

The following table presents the balances of assets measured at fair value as of December 31, 2017 (dollars in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Other current assets	$	14,111	$	—	$	—	$	14,111
Total assets	$	14,111	$	—	$	—	$	14,111

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Apr. 01, 2017
Cumulative-effect adjustment from adoption of ASU 2016-09	$ 2,626
Retained earnings
Cumulative-effect adjustment from adoption of ASU 2016-09	2,242
Additional paid-in Capital
Cumulative-effect adjustment from adoption of ASU 2016-09	384
Accounting Standards Update 2016-09
Income taxes (benefit)		$ 2,600
Accounting Standards Update 2016-09 \| Retained earnings
Cumulative-effect adjustment from adoption of ASU 2016-09	2,200
Accounting Standards Update 2016-09 \| Additional paid-in Capital
Cumulative-effect adjustment from adoption of ASU 2016-09	$ 400

EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY: Reconciliation of basic and diluted earnings (loss) per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Basic earnings per share:
Net earnings	$ 22,941	$ 1,073	$ 18,305	$ 12,189
Basic weighted-average shares outstanding (in shares)	79,043	77,507	78,983	77,475
Basic earnings (loss) per share (in USD per share)	$ 0.29	$ 0.01	$ 0.23	$ 0.16
Diluted earnings per share:
Basic weighted-average shares outstanding (in shares)	79,043	77,507	78,983	77,475
Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method (in shares)	2,826	2,344	2,611	2,019
Diluted weighted-average shares outstanding (in shares)	81,869	79,851	81,594	79,494
Diluted earnings (loss) per share (in USD per share)	$ 0.28	$ 0.01	$ 0.22	$ 0.15

EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY: Narrative (Details) - USD ($) shares in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2017
Antidilutive securities excluded from computation of earnings per share, amount	97	156	89	345
Repurchase of stock (in shares)	1,600		1,600
Payments for repurchase of common stock			$ 39,441,000	$ 30,542,000
Treasury stock, at cost	$ 1,088,988,000		1,088,988,000		$ 1,039,345,000
Accumulated other comprehensive income	9,826,000		9,826,000		$ 7,999,000
Common Stock Repurchase Program
Stock repurchase program, authorized amount	$ 400,000,000		$ 400,000,000
Repurchase of stock (in shares)	18,400		18,400
Treasury stock, at cost	$ 325,200,000		$ 325,200,000
Stock repurchase program, remaining amount	$ 74,800,000		$ 74,800,000

EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY: Anti-dilutive shares (Details) - $ / shares shares in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	97	156	89	345
Stock Options And Warrants And Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options and Warrants Exercise Price	$ 32.85		$ 32.85
Minimum \| Stock Options And Warrants And Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options and Warrants Exercise Price		$ 32.85		$ 20.27
Maximum \| Stock Options And Warrants And Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options and Warrants Exercise Price		$ 32.85		$ 32.85

SHARE-BASED COMPENSATION: (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Dec. 31, 2017	Jun. 30, 2017	Mar. 31, 2017
Stock Option Activity - Number of Shares
Outstanding at beginning of the period (in shares)	3,033,071
Granted (in shares)	299,641
Exercised (in shares)	(526,842)
Forfeited or cancelled (in shares)	(88,870)
Outstanding at end of the period (in shares)	2,717,000
Exercisable at the end of the period (in shares)	2,109,993
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share)	$ 13.14
Granted (in dollars per share)	21.32
Exercised (in dollars per share)	15.05
Forfeited or cancelled (in dollars per share)	20.08
Outstanding at the end of the period (in dollars per share)	13.45
Exercisable at the end of the period (in dollars per share)	$ 13.53
Weighted-average remaining contractual term
Weighted average remaining contractual term	5 years 8 months 25 days
Exercisable at the end of the period	5 years 1 month 12 days
Aggregate intrinsic value
Exercised	$ 6,044
Outstanding at the end of the period	38,448
Exercisable at the end of the period	$ 29,701
Stock Option and Equity Compensation Plans
Share-based compensation
Total shares reserved for issuance since inception of the stock option and equity compensation plans (in shares)	34,500,000
Shares which remained available for future grants (in shares)	6,200,000
Amended and Restated 2005 Equity Compensation Plan
Share-based compensation
Shares which remained available for future grants (in shares)		32,900,000	28,400,000
Shares reserved for issuance	34,500,000		30,000,000

SHARE-BASED COMPENSATION: Stock options outstanding and exercisable (Details) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares)	2,717,000
Options outstanding - Weighted-average remaining contractual life	5 years 8 months 25 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 13.45
Options exercisable (in shares)	2,109,993
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 13.53
Range of exercise price per share from $0.61 to $9.99
Stock options outstanding and exercisable by exercise price range
Exercise price per share, low end of range (in dollars per share)	0.61
Exercise price per share, high end of range (in dollars per share)	$ 9.99
Options outstanding (in shares)	690,169
Options outstanding - Weighted-average remaining contractual life	6 years 4 months 8 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 1.68
Options exercisable (in shares)	474,434
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 1.77
Range of exercise price per share from $10.00 to $19.99
Stock options outstanding and exercisable by exercise price range
Exercise price per share, low end of range (in dollars per share)	10.00
Exercise price per share, high end of range (in dollars per share)	$ 19.99
Options outstanding (in shares)	1,262,595
Options outstanding - Weighted-average remaining contractual life	4 years 10 months 12 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 14.94
Options exercisable (in shares)	1,076,909
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 14.47
Range of exercise price per share from $20.00 to $24.99
Stock options outstanding and exercisable by exercise price range
Exercise price per share, low end of range (in dollars per share)	20.00
Exercise price per share, high end of range (in dollars per share)	$ 24.99
Options outstanding (in shares)	744,684
Options outstanding - Weighted-average remaining contractual life	6 years 7 months 16 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 21.31
Options exercisable (in shares)	539,098
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 21.33
Range of exercise price per share from $25.00 to $32.85
Stock options outstanding and exercisable by exercise price range
Exercise price per share, low end of range (in dollars per share)	25.00
Exercise price per share, high end of range (in dollars per share)	$ 32.85
Options outstanding (in shares)	19,552
Options outstanding - Weighted-average remaining contractual life	5 years 10 months 11 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 32.85
Options exercisable (in shares)	19,552
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 32.85
Stock options
Stock options outstanding and exercisable by exercise price range
Share-based compensation expense	$ 4.1	$ 5.4
Share-based compensation not yet recognized	$ 7.1
Period for recognition of unrecognized stock-based compensation expense	4 years

SHARE-BASED COMPENSATION: Performance Stock Option Unit Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised (in dollars per share)		$ 15.05
Number of shares
Outstanding at beginning of the period (in shares)		3,033,071
Forfeited or cancelled (in shares)		(88,870)
Outstanding at end of the period (in shares)	2,717,000	2,717,000		3,033,071
Exercisable at the end of the period (in shares)	2,109,993	2,109,993
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share)		$ 13.14
Forfeited or cancelled (in dollars per share)		20.08
Outstanding at the end of the period (in dollars per share)	$ 13.45	13.45		$ 13.14
Exercisable at the end of the period (in dollars per share)	$ 13.53	$ 13.53
Weighted-average remaining contractual term
Weighted average remaining contractual term		5 years 8 months 25 days
Exercisable at the end of the period		5 years 1 month 12 days
Aggregate intrinsic value
Outstanding at the end of the period	$ 38,448	$ 38,448
Exercisable at the end of the period	29,701	$ 29,701
Shares Vesting Based On Relevent Performance Period At March 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units reached maturity		183,322
Vesting percentage		163.00%
Options issued (in shares)		299,641
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 29,500	$ 24,400
Restricted stock units \| Shares Vesting Based On Relevent Performance Period At March 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units reached maturity				157,985
Vesting percentage		160.00%
Options issued (in shares)		252,760
Restricted stock units \| Performance stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options issued (in shares)		94,775
Performance stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised (in dollars per share)		$ 21.32
Share-based compensation expense		$ 900	$ 1,000
Future expense for performance stock option units	$ 2,100	$ 2,100
Period for recognition of unrecognized stock-based compensation expense		4 years
Number of shares
Outstanding at beginning of the period (in shares)		555,123
Performance units converted to options (in shares)		(183,322)
Forfeited or cancelled (in shares)		(25,201)
Outstanding at end of the period (in shares)	346,600	346,600		555,123
Exercisable at the end of the period (in shares)	0	0
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share)		$ 21.41
Performance units converted to options (in dollars per share)		21.41
Forfeited or cancelled (in dollars per share)		21.32
Outstanding at the end of the period (in dollars per share)	$ 21.41	21.41		$ 21.41
Exercisable at the end of the period (in dollars per share)	$ 0.00	$ 0.00
Weighted-average remaining contractual term
Weighted average remaining contractual term		1 year 10 months 21 days
Exercisable at the end of the period	0 years
Aggregate intrinsic value
Outstanding at the end of the period	$ 2,131	$ 2,131
Exercisable at the end of the period	$ 0	$ 0

SHARE-BASED COMPENSATION: SAR activity (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Mar. 31, 2017
Stock Appreciation Rights (SARs)
Share-based compensation activity
Outstanding at the beginning of the period (in shares)		245,404
Forfeited or cancelled (in shares)		(245,404)
Outstanding at the end of the period (in shares)	0	0	245,404
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share)		$ 40.00
Weighted-average exercise price per share, Forfeited or canceled (in dollars per share)		40.00
Outstanding at the end of the period (in dollars per share)	$ 0.00	$ 0.00	$ 40.00
Weighted-average remaining contractual term
Weighted average remaining contractual term (in years)	0 years
Aggregate intrinsic value
Vesting percentage		100.00%
Restricted stock units \| Time Based Vesting
Share-based compensation activity
Outstanding at the beginning of the period (in shares)		3,307,577
Forfeited or cancelled (in shares)		(345,581)
Outstanding at the end of the period (in shares)	3,582,042	3,582,042	3,307,577
Weighted-average remaining contractual term
Weighted average remaining contractual term (in years)		2 years 5 months 23 days	2 years 5 months 12 days
Aggregate intrinsic value
Aggregate fair value of restricted stock units granted		$ 44.2
Granted (in shares)		1,687,416
Restricted stock units \| Partial cliff vest tranche one
Aggregate intrinsic value
Vesting percentage		25.00%
Granted (in shares)		1,008,851
Restricted stock units \| Partial cliff vesting tranche two
Aggregate intrinsic value
Vesting percentage		75.00%
Vesting period (in years)		3 years
Restricted stock units \| Time based vesting in one year anniversary
Aggregate intrinsic value
Vesting percentage		50.00%
Granted (in shares)		174,368
Vesting period (in years)		1 year
Restricted stock units \| Vesting in four years
Aggregate intrinsic value
Granted (in shares)		358,812
Vesting period (in years)		4 years
Restricted stock units \| Time based vesting over three years
Aggregate intrinsic value
Granted (in shares)		106,571
Vesting period (in years)		3 years
Restricted stock units \| Vesting in one year
Aggregate intrinsic value
Vesting percentage		50.00%
Granted (in shares)		38,814
Vesting period (in years)		1 year

SHARE-BASED COMPENSATION: Non vested time vesting restricted stock unit activity (Details) $ / shares in Units, $ in Millions	9 Months Ended		12 Months Ended
	Dec. 31, 2017 USD ($) tranche $ / shares shares	Dec. 31, 2016 USD ($)	Mar. 31, 2017 $ / shares shares
Shares Vesting Based On Relevent Performance Period At March 31, 2017
Restricted Stock Unit Activity - Other disclosures
Number of units reached maturity	183,322
Vesting percentage	163.00%
Options issued (in shares)	299,641
Restricted stock units
Restricted Stock Unit Activity - Other disclosures
Share-based compensation expense \| $	$ 29.5	$ 24.4
Restricted stock units \| Time Based Vesting
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)	3,307,577
Granted (in shares)	1,687,416
Vested (in shares)	(1,067,370)
Forfeited or cancelled (in shares)	(345,581)
Outstanding at the end of the period (in shares)	3,582,042		3,307,577
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) \| $ / shares	$ 22.57
Granted (in dollars per share) \| $ / shares	26.17
Vested (in dollars per share) \| $ / shares	22.30
Forfeited or cancelled (in dollars per share) \| $ / shares	23.36
Outstanding at the end of the period (in dollars per share) \| $ / shares	$ 24.27		$ 22.57
Weighted-average remaining contractual term
Weighted average remaining contractual term (in years)	2 years 5 months 23 days		2 years 5 months 12 days
Restricted Stock Unit Activity - Other disclosures
Granted (in shares)	1,687,416
Aggregate fair value of restricted stock units granted \| $	$ 44.2
Restricted stock units \| Performance stock
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)	732,711
Granted (in shares)	425,880
Additional performance shares (in shares)	94,775
Vested (in shares)	(252,760)
Forfeited or cancelled (in shares)	(48,422)
Outstanding at the end of the period (in shares)	952,184		732,711
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) \| $ / shares	$ 20.89
Granted (in dollars per share) \| $ / shares	26.22
Additional performance shares (in dollars per share) \| $ / shares	19.46
Vested (in dollars per share) \| $ / shares	19.46
Forfeited or cancelled (in dollars per share) \| $ / shares	22.00
Outstanding at the end of the period (in dollars per share) \| $ / shares	$ 23.45		$ 20.89
Weighted-average remaining contractual term
Weighted average remaining contractual term (in years)	1 year 4 months 14 days		1 year 1 month 17 days
Restricted Stock Unit Activity - Other disclosures
Granted (in shares)	425,880
Aggregate fair value of restricted stock units granted \| $	$ 11.2
Options issued (in shares)	94,775
Restricted stock units \| Shares Vesting Based On Relevant Performance Period At March 31 2018
Restricted Stock Unit Activity - Other disclosures
Number of units reached maturity	251,399
Vesting percentage	200.00%
Options issued (in shares)	502,798
Restricted stock units \| Performance Shares Vesting Total Shareholder Return
Non-vested restricted stock unit activity
Granted (in shares)	221,746
Restricted Stock Unit Activity - Other disclosures
Granted (in shares)	221,746
Aggregate fair value of restricted stock units granted \| $	$ 6.2
Restricted stock units \| Performance-based Restricted Stock Units Vesting In Two Equal Tranches
Non-vested restricted stock unit activity
Granted (in shares)	87,184
Restricted Stock Unit Activity - Other disclosures
Granted (in shares)	87,184
Aggregate fair value of restricted stock units granted \| $	$ 2.1
Number of tranches \| tranche	2
Restricted stock units \| Performance-based Restricted Stock Units Vesting In Three Equal Tranches
Non-vested restricted stock unit activity
Granted (in shares)	116,950
Restricted Stock Unit Activity - Other disclosures
Granted (in shares)	116,950
Aggregate fair value of restricted stock units granted \| $	$ 2.9
Number of tranches \| tranche	3
Restricted stock units \| Shares Vesting Based On Relevent Performance Period At March 31, 2017
Restricted Stock Unit Activity - Other disclosures
Number of units reached maturity			157,985
Vesting percentage	160.00%
Options issued (in shares)	252,760
Restricted stock units \| Share-based Compensation Award, Tranche One
Restricted Stock Unit Activity - Other disclosures
Future share-based compensation expense expected \| $	$ 11.8
Restricted stock units \| Share-based Compensation Award, Tranche Two
Restricted Stock Unit Activity - Other disclosures
Future share-based compensation expense expected \| $	36.0
Restricted stock units \| Share-based Compensation Award, Tranche Three
Restricted Stock Unit Activity - Other disclosures
Future share-based compensation expense expected \| $	24.6
Restricted stock units \| Share-based Compensation Award, Tranche Four
Restricted Stock Unit Activity - Other disclosures
Future share-based compensation expense expected \| $	11.7
Restricted stock units \| Share-based Compensation Award, Tranche Five
Restricted Stock Unit Activity - Other disclosures
Future share-based compensation expense expected \| $	$ 2.0
Minimum \| Restricted stock units \| Performance Shares Vesting Total Shareholder Return
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	0.00%
Minimum \| Restricted stock units \| Performance-based Restricted Stock Units Vesting In Two Equal Tranches
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	0.00%
Minimum \| Restricted stock units \| Performance-based Restricted Stock Units Vesting In Two Equal Tranches (Second Tranche)
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	0.00%
Minimum \| Restricted stock units \| Performance-based Restricted Stock Units Vesting In Three Equal Tranches
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	0.00%
Maximum \| Restricted stock units \| Performance Shares Vesting Total Shareholder Return
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	200.00%
Maximum \| Restricted stock units \| Performance-based Restricted Stock Units Vesting In Two Equal Tranches
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	75.00%
Maximum \| Restricted stock units \| Performance-based Restricted Stock Units Vesting In Two Equal Tranches (Second Tranche)
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	150.00%
Maximum \| Restricted stock units \| Performance-based Restricted Stock Units Vesting In Three Equal Tranches
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	300.00%

SHARE-BASED COMPENSATION: Other (Details) $ / shares in Units, $ in Millions	3 Months Ended	9 Months Ended		12 Months Ended
	Dec. 31, 2017 USD ($) $ / shares shares	Dec. 31, 2017 USD ($) item $ / shares shares	Dec. 31, 2016 USD ($)	Mar. 31, 2017 $ / shares shares
Share-based compensation
Percentage of Increment	0.0333%
Share-based Activity - Other disclosures
Holdback consideration transferred \| $		$ 38.3
Holdback expenses \| $		$ 11.5
Other performance based
Share-based compensation activity
Outstanding at the beginning of the period (in shares)		597,193
Vested (in shares)		(24,573)
Forfeited or cancelled (in shares)		(461,509)
Outstanding at the end of the period (in shares)	111,111	111,111		597,193
Share-based compensation, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share) \| $ / shares		$ 4.14
Vested (in dollars per share) \| $ / shares		2.94
Forfeited or cancelled (in dollars per share) \| $ / shares		3.92
Outstanding at the end of the period (in dollars per share) \| $ / shares	$ 5.33	$ 5.33		$ 4.14
Weighted-average remaining contractual term
Weighted average remaining contractual term (in years)		3 months		3 months 18 days
Share-based Activity - Other disclosures
Outstanding at the beginning of the period (in shares)		24,573
Share-based compensation expense \| $		$ 0.1	$ 0.7
Period for recognition of unrecognized stock-based compensation expense		3 months
Arbor
Share-based Activity - Other disclosures
Holdback consideration transferred \| $		$ 38.3
Number of increments \| item		30
Shares Vesting Based On Relevant Performance Period At March 31 2017 \| Other performance based
Share-based compensation activity
Vested (in shares)				(201,464)
Share-based Activity - Other disclosures
Outstanding at the beginning of the period (in shares)				201,464
Granted (in shares)		0
Shares Vesting Based On Relevant Performance Period At March 31 2018 \| Other performance based
Share-based compensation activity
Outstanding at the end of the period (in shares)	111,111	111,111
Share-based Activity - Other disclosures
Vesting percentage				100.00%
Shares Vesting Based on relevant performance period at June 30 2017 \| Other performance based
Share-based compensation activity
Vested (in shares)		(284,618)
Share-based Activity - Other disclosures
Outstanding at the beginning of the period (in shares)		284,618
Vesting percentage		9.00%
Options issued (in shares)	24,573
Shares vesting based on relevant performance period at a future period \| Other performance based
Share-based Activity - Other disclosures
Future share-based compensation expense expected \| $	$ 0.1	$ 0.1

DISPOSITIONS: Narrative (Details) - Zeta Interactive - Disposal Group, Disposed of by Sale, Not Discontinued Operations $ in Millions	9 Months Ended
	Dec. 31, 2017 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses	$ 22.0
Subordinated promissory note	$ 4.0
Interest accrual rate (percentage)	6.00%

DISPOSITIONS: Revenue and income from operations from the disposed business (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income from operations	$ 8,911	$ 7,407	$ (1,689)	$ 19,288
Zeta Interactive \| Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	0	0	0	20,375
Income from operations	$ 0	$ 0	$ 0	$ 120

OTHER CURRENT AND NONCURRENT ASSETS: (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Mar. 31, 2017
Other current assets
Prepaid expenses and other	$ 28,246	$ 25,714
Escrow deposit	0	5,880
Note receivable	0	4,000
Assets of non-qualified retirement plan	14,111	12,716
Other current assets	42,357	48,310
Other noncurrent assets
Acquired intangible assets, net	36,183	43,884
Deferred data acquisition costs	982	1,116
Other miscellaneous noncurrent assets	6,411	6,443
Noncurrent assets	$ 43,576	$ 51,443

OTHER ACCRUED EXPENSES: (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Mar. 31, 2017
Other Accrued Expenses [Abstract].
Accrued purchase consideration	$ 0	$ 5,880
Liabilities of non-qualified retirement plan	14,111	12,716
Other accrued expenses	39,888	41,265
Other accrued expenses	$ 53,999	$ 59,861

GOODWILL: (Details) $ in Thousands	9 Months Ended
GOODWILL: (Details) $ in Thousands	Dec. 31, 2017 USD ($)
Goodwill
Goodwill at the beginning of year	$ 592,731
Arbor adjustment	(21)
Change in foreign currency translation adjustment	117
Goodwill at the end of year	592,827
U.S.
Goodwill
Goodwill at the end of year	581,170
APAC
Goodwill
Goodwill at the end of year	11,657
Marketing Services
Goodwill
Goodwill at the beginning of year	118,890
Arbor adjustment	0
Change in foreign currency translation adjustment	82
Goodwill at the end of year	118,972
Marketing Services \| U.S.
Goodwill
Goodwill at the end of year	110,910
Marketing Services \| APAC
Goodwill
Goodwill at the end of year	8,062
Audience Solutions
Goodwill
Goodwill at the beginning of year	273,448
Arbor adjustment	0
Change in foreign currency translation adjustment	0
Goodwill at the end of year	273,448
Audience Solutions \| U.S.
Goodwill
Goodwill at the end of year	273,448
Audience Solutions \| APAC
Goodwill
Goodwill at the end of year	0
Connectivity
Goodwill
Goodwill at the beginning of year	200,393
Arbor adjustment	(21)
Change in foreign currency translation adjustment	35
Goodwill at the end of year	200,407
Connectivity \| U.S.
Goodwill
Goodwill at the end of year	196,812
Connectivity \| APAC
Goodwill
Goodwill at the end of year	$ 3,595

LONG-TERM DEBT: Narrative (Details) - USD ($)		3 Months Ended	9 Months Ended
LONG-TERM DEBT: Narrative (Details) - USD ($)	Jun. 20, 2017	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Term loans
Debt Instrument [Line Items]
Aggregate amount of borrowing commitment		$ 600,000,000	$ 600,000,000
Term loans \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Long-term debt variable interest rate description			LIBOR
Long-term debt basis spread on variable interest rate (as a percent)		2.00%
Term loans \| Alternative Base Rate
Debt Instrument [Line Items]
Long-term debt variable interest rate description		Alternative base rate
Revolving credit facility
Debt Instrument [Line Items]
Total long-term debt and capital leases	$ 230,000,000
Repayments on lines of credit			$ 225,000,000
Fees related to the restated credit agreement			4,000,000
Aggregate amount of borrowing commitment		$ 150,000,000	$ 150,000,000
Weighted average interest rate on long-term debt (as a percent)		3.60%	3.60%
Revolving credit facility \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Long-term debt variable interest rate description				LIBOR
Revolving credit facility \| Alternative Base Rate
Debt Instrument [Line Items]
Long-term debt variable interest rate description		Alternative base rate

LONG-TERM DEBT: (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Mar. 31, 2017
Debt Instrument [Line Items]
Total long-term debt and capital leases	$ 233,881	$ 230,612
Less current installments	1,837	39,819
Less deferred debt financing costs	4,101	1,552
Long-term debt, excluding current installments and deferred debt financing costs	227,943	189,241
Term loans
Debt Instrument [Line Items]
Total long-term debt and capital leases	0	155,000
Revolving credit facility
Debt Instrument [Line Items]
Total long-term debt and capital leases	230,000	70,000
Other debt and long-term liabilities
Debt Instrument [Line Items]
Total long-term debt and capital leases	$ 3,881	$ 5,612

ALLOWANCE FOR DOUBTFUL ACCOUNTS: (Details) - USD ($) $ in Millions	Dec. 31, 2017	Mar. 31, 2017
Valuation and Qualifying Accounts [Abstract]
Allowances for doubtful accounts, returns and credits	$ 6.3	$ 6.1

SEGMENT INFORMATION: Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Revenues	$ 234,871	$ 223,312	$ 672,625	$ 655,380
Gross Profit	118,951	106,844	327,673	295,988
Operating Income (Loss)	11,058	9,115	5,804	24,397
Operating Segments
Segment Reporting Information [Line Items]
Revenues	234,871	223,312	672,625	655,380
Gross Profit	126,533	113,705	350,558	312,979
Operating Income (Loss)	61,983	57,576	167,347	154,580
Operating Segments \| Marketing Services
Segment Reporting Information [Line Items]
Revenues	94,457	101,177	280,093	316,571
Gross Profit	35,798	37,494	101,476	109,440
Operating Income (Loss)	22,063	21,127	63,721	61,109
Operating Segments \| Audience Solutions
Segment Reporting Information [Line Items]
Revenues	84,436	83,399	238,984	235,669
Gross Profit	52,821	53,120	148,352	143,030
Operating Income (Loss)	33,112	34,572	91,151	89,640
Operating Segments \| Connectivity
Segment Reporting Information [Line Items]
Revenues	55,978	38,736	153,548	103,140
Gross Profit	37,914	23,091	100,730	60,509
Operating Income (Loss)	$ 6,808	$ 1,877	$ 12,475	$ 3,831

SEGMENT INFORMATION: Total operating segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Gross Profit	$ 118,951	$ 106,844	$ 327,673	$ 295,988
Operating Income (Loss)	11,058	9,115	5,804	24,397
Gains, losses and other items, net		2,111	3,521	2,724
Operating Segments
Segment Reporting Information [Line Items]
Gross Profit	126,533	113,705	350,558	312,979
Operating Income (Loss)	61,983	57,576	167,347	154,580
Segment Reconciling Items
Segment Reporting Information [Line Items]
Purchased intangible asset amortization	5,971	4,621	17,958	12,588
Non-cash stock compensation	1,611	2,240	4,927	4,403
Corporate expenses (principally general and administrative)	23,862	24,184	75,582	75,342
Separation and transformation costs included in general and administrative	5,214	4,118	17,775	5,573
Gains, losses and other items, net	(41)	2,111	3,521	2,725
Purchased intangible asset amortization	5,971	4,621	17,958	12,588
Non-cash stock compensation	$ 15,919	$ 13,427	$ 46,707	$ 33,955

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Summary of restructuring activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Restructuring Reserve [Roll Forward]
Restructuring charges and adjustments	$ (18)	$ 899	$ 3,545	$ 2,107
Continuing operations
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period			6,708
Restructuring charges and adjustments			3,544
Payments			(4,029)
Restructuring Reserve, at the end of the period	6,223		6,223
Continuing operations \| Associate-related reserves
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period			2,400
Restructuring charges and adjustments			1,476
Payments			(2,842)
Restructuring Reserve, at the end of the period	1,034		1,034
Continuing operations \| Lease accruals
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period			4,308
Restructuring charges and adjustments			2,068
Payments			(1,187)
Restructuring Reserve, at the end of the period	$ 5,189		$ 5,189

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	$ (18)	$ 899	$ 3,545	$ 2,107
Deferred rent credit	1,400		1,400
Accrued Rent	2,100		2,100
Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			3,500		$ 8,900
Restructuring Activity2016 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						$ 12,000
Restructuring Activity2015 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments							$ 21,800
Employee Severance \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			200		3,800
Employee Severance \| Restructuring Activity2016 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						8,600
Employee Severance \| Restructuring Activity2015 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments							13,300
Termination Of Associates \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			1,000		3,000
Leased office facilities \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments					1,500
Adjustments to estimates related to the fiscal 2015 lease accruals \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments					1,500
Lease agreements \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			2,300
Contract Termination \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments							6,500
Contract Termination \| Restructuring Activity2016 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						3,000
Contract Termination \| Restructuring Activity2015
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	800		800
Contract Termination \| Restructuring Activity2015 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments							6,500
Leasehold Improvement Write Offs \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			1,100		$ 2,100
Leasehold Improvement Write Offs \| Restructuring Activity2016 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						400
Leasehold Improvement Write Offs \| Restructuring Activity2015 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments							2,000
UNITED STATES \| Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			300
UNITED STATES \| Employee Severance \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			1,500
United States Australia Europe And Brazil \| Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	200
United States Australia Europe And Brazil \| Employee Severance \| Restructuring Activity2016
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						8,600
France \| Restructuring Activity2015 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						$ 3,000
United States Australia China And Europe \| Employee Severance \| Restructuring Activity2015
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments							$ 13,300
Restructuring reserve	$ 300		$ 300

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Gains, losses and other items (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring plan charges and adjustments	$ (18)	$ 899	$ 3,545	$ 2,107
Gain on disposition of Impact email business	0	(155)	0	(784)
Arbor and Circulate acquisition-related costs	0	1,365	0	1,365
Other	(23)	2	(24)	36
Gains, losses and other items, net	$ 41
Gains, losses and other items, net		$ 2,111	$ 3,521	$ 2,724

COMMITMENTS AND CONTINGENCIES: (Details) $ in Millions	9 Months Ended
COMMITMENTS AND CONTINGENCIES: (Details) $ in Millions	Dec. 31, 2017 USD ($)
Guarantee Type, Other
Commitments
Maximum potential future rent payments	$ 2.3
Continuing operations \| Operating lease and licensing agreements
Commitments
Term of future commitment for lease payments under noncancellable operating leases (in years)	23 years
Contractual Obligation	$ 84.5

INCOME TAX: (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended	9 Months Ended
INCOME TAX: (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Income Tax Examination [Line Items]
Tax cuts and jobs act of 2017, change in tax rate, deferred tax liability, income tax (expense) benefit						$ 20,300
Income taxes (benefit)		$ (14,030)	$ 100	$ 6,334	$ 1,900	$ (19,994)	$ 7,099
Subsequent Event [Member]
Income Tax Examination [Line Items]
Calculated federal corporate income tax rate	31.50%

FAIR VALUE OF FINANCIAL INSTRUMENTS: (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Mar. 31, 2017
Fair value of assets and liabilities
Assets of non-qualified retirement plan	$ 14,111	$ 12,716
Other current assets	42,357	$ 48,310
Fair value measurements on recurring basis \| Total
Fair value of assets and liabilities
Other current assets	14,111
Total assets	14,111
Fair value measurements on recurring basis \| Total \| Level 1
Fair value of assets and liabilities
Total assets	14,111
Fair value measurements on recurring basis \| Total \| Level 2
Fair value of assets and liabilities
Other current assets	0
Total assets	0
Fair value measurements on recurring basis \| Total \| Level 3
Fair value of assets and liabilities
Other current assets	0
Total assets	$ 0