0000733269-19-000033 | 10-Q | XBRL Viewer

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Cover page - shares	3 Months Ended
Cover page - shares	Jun. 30, 2019	Aug. 01, 2019
Cover page.
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2019
Document Transition Report	false
Entity File Number	1-38669
Entity Registrant Name	LiveRamp Holdings, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	83-1269307
Entity Address, Address Line One	225 Bush Street, Seventeenth Floor
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94104
City Area Code	866
Local Phone Number	352-3267
Title of 12(b) Security	Common Stock, $.10 Par Value
Trading Symbol	RAMP
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Smaller Reporting Company	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		67,640,066
Entity Central Index Key	0000733269
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019
Current assets:
Cash and cash equivalents	$ 1,005,477	$ 1,061,473
Trade accounts receivable, net	81,061	78,563
Refundable income taxes	8,753	7,890
Other current assets	42,917	44,150
Total current assets	1,138,208	1,192,076
Property and equipment, net of accumulated depreciation and amortization	24,607	26,043
Software, net of accumulated amortization	7,100	6,861
Goodwill	207,778	204,656
Deferred income taxes	35	35
Deferred commissions, net	10,567	10,741
Other assets, net	51,009	32,499
Total assets	1,439,304	1,472,911
Current liabilities:
Trade accounts payable	29,930	31,203
Accrued payroll and related expenses	17,081	18,715
Other accrued expenses	70,929	40,916
Deferred revenue	3,170	4,284
Total current liabilities	121,110	95,118
Deferred income taxes	241	39
Other liabilities	45,796	46,922
Commitments and contingencies
Stockholders' equity:
Common stock	14,245	14,187
Additional paid-in capital	1,422,879	1,406,813
Retained earnings	1,627,465	1,669,605
Accumulated other comprehensive income	7,334	7,801
Treasury stock, at cost	(1,799,766)	(1,767,574)
Total equity	1,272,157	1,330,832
TOTAL LIABILITIES AND EQUITY	$ 1,439,304	$ 1,472,911

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Revenues	$ 82,511	$ 62,471
Cost of revenue	36,426	23,654
Gross profit	46,085	38,817
Operating expenses:
Research and development	23,722	16,970
Sales and marketing	43,144	33,323
General and administrative	25,318	18,125
Gains, losses and other items, net	2,276	1
Total operating expenses	94,460	68,419
Loss from operations	(48,375)	(29,602)
Other income (expense):
Total other income	5,882	356
Loss from continuing operations before income taxes	(42,493)	(29,246)
Income taxes (benefit)	(353)	(1,428)
Net loss from continuing operations	(42,140)	(27,818)
Earnings from discontinued operations, net of tax	0	24,803
Net loss	$ (42,140)	$ (3,015)
Basic earnings (loss) per share:
Basic earnings (loss) per share from continuing operations (in dollars per share)	$ (0.61)	$ (0.36)
Basic earnings (loss) per share from discontinued operations (in dollars per share)	0	0.32
Basic earnings (loss) per share (in dollars per share)	(0.61)	(0.04)
Diluted earnings (loss) per share:
Diluted earnings (loss) per share from continuing operations (in dollars per share)	(0.61)	(0.36)
Diluted earnings (loss) per share from discontinued operations (in dollars per share)	0	0.32
Diluted earnings (loss), net per share (in USD per share)	$ (0.61)	$ (0.04)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net loss	$ (42,140)	$ (3,015)
Other comprehensive loss:
Change in foreign currency translation adjustment	(467)	(1,868)
Comprehensive loss	$ (42,607)	$ (4,883)

CONDENSED CONSOLIDATED STATEMENT OF EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional paid-in Capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury Stock
Balance, beginning of the period (in shares) at Mar. 31, 2018		136,079,676				(58,304,917)
Balance, beginning of the period at Mar. 31, 2018	$ 749,095	$ 13,609	$ 1,235,679	$ 628,331	$ 10,767	$ (1,139,291)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		233,784				(391,898)
Employee stock awards, benefit plans and other issuances	(5,928)	$ 23	4,093			$ (10,044)
Non-cash stock-based compensation (in shares)		149,416
Non-cash stock-based compensation	16,811	$ 15	16,796
Restricted stock units vested (in shares)		1,259,681
Restricted stock units vested		$ 126	(126)
Acquisition of treasury stock (in shares)						(1,853,071)
Acquisition of treasury stock	(45,766)					$ (45,766)
Other comprehensive loss:
Foreign currency translation	(1,868)				(1,868)
Net loss	(3,015)			(3,015)
Cumulative-effect adjustment from adoption of ASU 2014-09	12,727			12,727
Balance, end of the period (in shares) at Jun. 30, 2018		137,722,557				(60,549,886)
Balance, end of the period at Jun. 30, 2018	722,056	$ 13,773	1,256,442	638,043	8,899	$ (1,195,101)
Balance, beginning of the period (in shares) at Mar. 31, 2019		141,865,888				(73,167,892)
Balance, beginning of the period at Mar. 31, 2019	1,330,832	$ 14,187	1,406,813	1,669,605	7,801	$ (1,767,574)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		46,681				(221,195)
Employee stock awards, benefit plans and other issuances	(11,033)	$ 4	1,056			$ (12,093)
Non-cash stock-based compensation (in shares)		51,362
Non-cash stock-based compensation	15,064	$ 5	15,059
Restricted stock units vested (in shares)		487,632
Restricted stock units vested	0	$ 49	(49)
Acquisition of treasury stock (in shares)						(412,200)
Acquisition of treasury stock	(20,099)					$ (20,099)
Other comprehensive loss:
Foreign currency translation	(467)				(467)
Net loss	(42,140)			(42,140)
Balance, end of the period (in shares) at Jun. 30, 2019		142,451,563				(73,801,287)
Balance, end of the period at Jun. 30, 2019	$ 1,272,157	$ 14,245	$ 1,422,879	$ 1,627,465	$ 7,334	$ (1,799,766)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net loss	$ (42,140)	$ (3,015)
Earnings from discontinued operations, net of tax	0	(24,803)
Non-cash operating activities:
Depreciation and amortization	8,877	9,403
Loss on disposal or impairment of assets	85	(15)
Provision for doubtful accounts	962	(464)
Deferred income taxes	7	(1,692)
Non-cash stock compensation expense	18,630	17,798
Changes in operating assets and liabilities:
Accounts receivable	(3,451)	(852)
Deferred commissions	174	(998)
Other assets	3,600	(574)
Accounts payable and other liabilities	(188)	4,403
Income taxes	(863)	(1,898)
Deferred revenue	(1,101)	427
Net cash used in operating activities	(15,408)	(2,280)
Cash flows from investing activities:
Capitalized software	0	(899)
Capital expenditures	(4,888)	(712)
Payments for investments	0	(2,500)
Cash paid in acquisition, net of cash received	(4,479)	0
Net cash used in investing activities	(9,367)	(4,111)
Cash flows from financing activities:
Payments of debt	0	(592)
Fees from debt refinancing	0	(300)
Proceeds related to the issuance of common stock under stock and employee benefit plans	1,060	4,116
Shares repurchased for tax withholdings upon vesting of stock-based awards	(12,093)	(10,044)
Acquisition of treasury stock	(20,099)	(45,766)
Net cash used in financing activities	(31,132)	(52,586)
Cash flows from discontinued operations:
From operating activities	0	20,181
From investing activities	0	(6,573)
Effect of exchange rate changes on cash	0	(167)
Net cash provided by discontinued operations	0	13,441
Effect of exchange rate changes on cash	(89)	(927)
Net change in cash and cash equivalents	(55,996)	(46,463)
Cash and cash equivalents at beginning of period	1,061,473	140,018
Cash and cash equivalents at end of period	1,005,477	93,555
Cash paid (received) during the period for:
Income taxes, net of refunds	$ 110	$ (1,100)

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	3 Months Ended
	Jun. 30, 2019
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 LiveRamp Holdings, Inc. ("Registrant", "LiveRamp", we, us or the "Company"), without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). 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 18 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, 2019 (“2019 Annual Report”), as filed with the SEC on May 28, 2019. This quarterly report and the accompanying condensed consolidated financial statements should be read in connection with the 2019 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, 2020. 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 2019 Annual Report. Accounting Pronouncements Adopted During the Current Year In January 2017, the Financial Accounting Standards Board ("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, goodwill impairment is recognized based on step one of the preceding guidance, which calculates the carrying value in excess of the reporting unit's fair value. 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. In the first quarter of fiscal 2020, we early adopted ASU 2017-04. The standard did not have an impact to our qualitative assessment for goodwill impairment that we performed in the first quarter of fiscal 2020. In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" ("ASU 2016-02"), as a comprehensive new standard that amended various aspects of existing guidance for leases and requires additional disclosures about leasing arrangements. The new standard requires lessees to recognize a right-of-use asset and a lease liability on the balance sheet for all leases except short-term leases. For lessees, leases will continue to be classified as either operating or financing in the income statement. The Company adopted the updated guidance as of April 1, 2019 using a modified retrospective transition method. See Note 2 of these notes to condensed consolidated financial statements for further details. Recent Accounting Pronouncements Not Yet Adopted In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework”, which eliminates, modifies and adds disclosure requirements for fair value measurements. The update is effective for annual periods beginning after December 15, 2019 (fiscal 2021 for the Company), including interim periods within those fiscal years, with early adoption permitted. The Company is currently assessing the impact of this new standard on our condensed consolidated financial statements and does not expect the adoption will have a material impact on our condensed consolidated financial statements. In August 2018, the FASB issued ASU 2018-15, "Intangibles-Goodwill and Other-Internal Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract" ("ASU 2018-15"). ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a cloud computing arrangement (“CCA”) that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Previously, all implementation costs for a hosting arrangement that was a service contract were expensed when incurred. CCA’s, such as software as a service and other hosting arrangements, are evaluated for capitalized implementation costs in a similar manner as capitalized software development costs. If a CCA includes a software license, the software license element of the arrangement is accounted for in a manner consistent with the acquisition of other software licenses. If a CCA does not include a software license, the service element of the arrangement is accounted for as a service contract. ASU 2018-15 is effective for annual periods beginning after December 15, 2019 (fiscal 2021 for the Company), including interim periods within those fiscal years, with early adoption permitted. The Company is currently assessing the impact of this new standard on our condensed consolidated financial statements and does not expect the adoption will have a material impact on our condensed consolidated financial statements. 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

TOPIC 842 ADOPTION IMPACT AND LEASES:

3 Months Ended

Jun. 30, 2019

Leases [Abstract]

Topic 842 Adoption Impact and Leases

TOPIC 842 ADOPTION IMPACT AND LEASES

On April 1, 2019, the Company adopted the new lease guidance using a modified retrospective transition method applied to existing leases as of April 1, 2019. Results for reporting periods beginning after March 31, 2019 are presented under the new guidance, while prior period comparative amounts are not adjusted and continue to be reported in accordance with historical guidance. The Company applied the new standard using the practical expedients permitted under the transition guidance where the Company:

•did not reassess whether any expired or existing contracts contain a lease;

•did not reassess the classification of existing leases; and

•did not reassess initial direct costs for any existing leases.

The Company uses its incremental borrowing rate at commencement date in determining the present value of lease payments. The Company uses judgment in determining its incremental borrowing rate, which includes selecting a yield curve based on a hypothetical credit rating.

The resulting impact, as of the adoption date, to the condensed consolidated balance sheet of applying the new guidance in fiscal 2020 was an increase to right-of-use assets included in other assets, net of $22.9 million, an increase to short-term lease liabilities included in other accrued expenses of $8.4 million, an increase to long-term lease liabilities included in other liabilities of $17.9 million, and a decrease to deferred rent included in other liabilities of $3.4 million. There was no impact to stockholders' equity or the condensed consolidated statements of operations as a result of adopting the new guidance.

The Company determines if an arrangement contains a lease or is a lease at inception, and whether lease and non-lease components are combined or not. Operating leases with a duration of less than 12 months are excluded from right-of-use assets and lease liabilities and related expense is recorded as incurred.

As of June 30, 2019, right-of-use assets included in other assets, net were $20.9 million, short-term lease liabilities included in other accrued expenses were $8.4 million, and long-term lease liabilities included in other liabilities were $16.0 million.

The Company leases its office facilities under non-cancellable operating leases that expire at various dates through fiscal 2024. Operating lease costs were $2.2 million for the three months ended June 30, 2019.

Future minimum payments under all operating leases (including operating leases with a duration of less than 12 months) as of June 30, 2019 are as follows (dollars in thousands):


Year	Amount
Remainder of Fiscal 2020	$	7,023
Fiscal 2021	8,699
Fiscal 2022	8,255
Fiscal 2023	2,497
Fiscal 2024	571
Thereafter	—
Total undiscounted lease commitments	27,045
Less: Interest	2,561
Total discounted operating lease liabilities	$	24,484

Future minimum payments as of June 30, 2019 related to restructuring plans as a result of of the Company's exit from certain leased office facilities (see Note 14) are: Remainder of Fiscal 2020: $1,886; Fiscal 2021: $2,544; Fiscal 2022: $2,610; Fiscal 2023: $2,663; Fiscal 2024: $2,699; and Thereafter: $4,497.

Supplemental information related to operating leases is as follows (dollars in thousands):


	Three months ended
	June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,134
Weighted average remaining lease term	3.1 years
Weighted average discount rate	5.0		%

As previously disclosed in our Fiscal 2019 Annual Report on Form 10-K and under the previous lease accounting standard, the future minimum payments under all operating leases as of March 31, 2019 was as follows (dollars in thousands):


	For the years ending March 31,
	2020	2021	2022	2023	2024	Thereafter	Total
Operating leases	12,057	11,253	10,865	5,160	3,270	4,497	47,102

REVENUE FROM CONTRACTS WITH CUSTOMERS:

3 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

REVENUE FROM CONTRACTS WITH CUSTOMERS:

Disaggregation of Revenue

In the following table, revenue is disaggregated by primary geographical market and major service offerings (dollars in thousands).


	For the three months ended
	June 30,
Primary Geographical Markets	2019		2018
United States	$	76,541	$	56,222
Europe	4,747		4,920
APAC	1,223		1,329
	$	82,511	$	62,471

Major Offerings/Services
Subscription	$	68,326	$	51,329
Marketplace and Other	14,185		11,142
	$	82,511	$	62,471

Transaction Price Allocated to the Remaining Performance Obligations

We have performance obligations associated with fixed commitments in customer contracts for future services that have not yet been recognized in our condensed consolidated financial statements. The amount of fixed revenue not yet recognized was $319.4 million as of June 30, 2019. The Company expects to recognize revenue on substantially all of these remaining performance obligations by March 31, 2024.

LOSS PER SHARE AND STOCKHOLDERS’ EQUITY:

3 Months Ended

Jun. 30, 2019

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:

LOSS PER SHARE AND STOCKHOLDERS' EQUITY:

LOSS PER SHARE AND STOCKHOLDERS’ EQUITY:

Loss Per Share

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


	For the three months ended
	June 30,
	2019		2018
Basic loss per share:
Net loss from continuing operations	$	(42,140)	$	(27,818)
Earnings from discontinued operations, net of tax	—		24,803
Net loss	$	(42,140)	$	(3,015)

Basic weighted-average shares outstanding	68,906		76,935

Continuing operations	$	(0.61)	$	(0.36)
Discontinued operations	—		0.32
Basic loss per share	$	(0.61)	$	(0.04)

Diluted loss per share:
Basic weighted-average shares outstanding	68,906		76,935
Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method	—		—
Diluted weighted-average shares outstanding	68,906		76,935

Continuing operations	$	(0.61)	$	(0.36)
Discontinued operations	—		0.32
Diluted loss per share	$	(0.61)	$	(0.04)

Due to the net loss from continuing operations during the three months ended June 30, 2019 and 2018, the dilutive effect of options and restricted stock units covering 2.8 million and 2.3 million shares of common stock, respectively was excluded from the diluted loss per share calculation since the impact on the calculation was anti-dilutive.

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


	For the three months ended
	June 30,
	2019	2018
Number of shares outstanding under options, warrants and restricted stock units plans	431	119
Range of exercise prices for options	N/A	$	32.85

Stockholders’ Equity

Under the modified common stock repurchase program, the Company may purchase up to $1.0 billion of its common stock through the period ending December 31, 2020. During the three months ended June 30, 2019, the Company repurchased 0.4 million shares of its common stock for $20.1 million under the stock repurchase

program. Through June 30, 2019, the Company had repurchased a total of 23.0 million shares of its stock for $469.2 million under the stock repurchase program, leaving remaining capacity of $530.8 million.

Accumulated other comprehensive income accumulated balances of $7.3 million and $7.8 million at June 30, 2019 and March 31, 2019, respectively, reflect accumulated foreign currency translation adjustments.

ACQUISITIONS:

3 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

ACQUISITIONS:

Faktor

On April 2, 2019, the Company acquired all of the outstanding shares of Faktor B. V. ("Faktor"). Faktor is a global consent management platform that allows consumers to control how their data is collected, used, and transferred for usage to another party. Faktor's platform provides individuals with notice and choice on websites and mobile apps and allows them to opt-in or out via a visible banner of the page. The Company paid approximately $4.5 million in cash for the acquired shares. The Company has omitted pro forma disclosures related to this acquisition as the pro forma effect of this acquisition is not material. The results of operations for the acquisition are included in the Company's condensed consolidated results beginning April 2, 2019.

The following table presents the purchase price allocation related to assets acquired and liabilities assumed (dollars in thousands):


	April 2, 2019
Assets acquired:
Cash	$	35
Trade accounts receivable	63
Goodwill	3,110
Intangible assets (Other assets)	1,700
Other current and noncurrent assets	126
Total assets acquired	5,034
Deferred income taxes	(194)
Accounts payable and accrued expenses	(326)
Net assets acquired	4,514
Less:
Cash acquired	(35)
Net cash paid	$	4,479

The fair values assigned to tangible and identifiable intangible assets acquired and liabilities assumed were based on preliminary calculations and valuations using management's estimates and assumptions and were based on the information that was available as of the date of acquisition. The Company expects to finalize the valuation as soon as practical.

DISCONTINUED OPERATIONS:

3 Months Ended

Jun. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS:

Acxiom Marketing Solutions business ("AMS")

During fiscal 2019, the Company completed the sale of its AMS business to The Interpublic Group of Companies, Inc. (“IPG”) for $2.3 billion in cash. The business qualified for treatment as discontinued operations during fiscal 2019. Accordingly, the results of operations, cash flows and the balance sheet amounts pertaining to AMS, for all periods reported, have been classified as discontinued operations in the condensed consolidated financial statements.

Results of operations of AMS for the three months ended June 30, 2018 are segregated and included in earnings from discontinued operations, net of tax, in the condensed consolidated statements of operations.

The following is a reconciliation of the major classes of line items constituting earnings from discontinued operations, net of tax (dollars in thousands):


	For the three months ended June 30, 2018
Revenues	$	164,489
Cost of revenue	93,617
Gross profit	70,872
Operating expenses:
Research and development	7,566
Sales and marketing	21,527
General and administrative	16,594
Gains, losses and other items, net	1,284
Total operating expenses	46,971
Income from discontinued operations	23,901
Interest expense	(2,838)
Other, net	168
Earnings from discontinued operations before income taxes	21,231
Income taxes (benefit)	(3,572)
Earnings from discontinued operations, net of tax	$	24,803

Substantially all interest expense was allocated to discontinued operations.

The Company entered into certain agreements with AMS in which services will be provided from the Company to AMS, and from AMS to the Company. The terms of these agreements are primarily 60 months from the date of sale.

Cash inflows and outflows related to the agreements are included in cash flows from operating activities in the condensed consolidated statements of cash flows. Revenues and expenses related to the agreements are included in loss from operations in the condensed consolidated statement of operations. The related cash inflows and outflows and revenues and costs for the three months ended June 30, 2019 was (dollars in thousands):



	For the three months ended June 30, 2019
Cash inflows	$	13,720
Cash outflows	$	4,847

Revenues	$	12,598
Costs	$	2,346

The revenues amount includes approximately $5.1 million of revenue from AMS's resell of LiveRamp services to its customers. These amounts were also reported in the prior year as revenues in the condensed consolidated statement of operations.

STOCK-BASED COMPENSATION:

3 Months Ended

Jun. 30, 2019

Share-based Payment Arrangement [Abstract]

STOCK-BASED COMPENSATION:

Stock-based Compensation Plans

The Company has stock option and equity compensation plans for which a total of 42.3 million shares of the Company’s common stock have been reserved for issuance since the inception of the plans. At June 30, 2019, there were a total of 11.3 million shares available for future grants under the plans.

Stock-based Compensation Expense

The Company's stock-based compensation activity for the three months ended June 30, 2019, by award type, was (dollars in millions):


	For the three months ended
	June 30,
	2019		2018
Stock options	$	0.7	$	1.0
Performance stock options	—		0.3
Restricted stock units	11.1		8.5
Arbor acquisition consideration holdback	2.6		3.8
Pacific Data Partners ("PDP) assumed performance plan	3.9		3.9
Other non-employee stock-based compensation	0.3		0.3
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	18.6		17.8
Less expense related to liability-based equity awards	(3.5)		(3.5)
Stock-based compensation of discontinued operations	—		2.5
Total non-cash stock-based compensation included in the condensed consolidated statements of equity	$	15.1	$	16.8

The effect of stock-based compensation expense on income, by financial statement line item, was (dollars in millions):


	For the three months ended
	June 30,
	2019		2018
Cost of revenue	$	0.8	$	0.7
Research and development	4.0		4.4
Sales and marketing	8.9		9.9
General and administrative	4.9		2.8
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$	18.6	$	17.8

The following table provides the expected future expense for all of the Company's outstanding equity awards at June 30, 2019, by award type. The amount for 2020 represents the remaining nine months ending March 31, 2020. All other periods represent fiscal years ending March 31 (dollars in millions).


	During the year ended:
	2020		2021		2022		2023		2024		Total
Stock options	$	1.4	$	0.5	$	—	$	—	$	—	$	1.9
Restricted stock units	41.2		43.6		32.8		18.5		1.8		137.9

PDP assumed performance plan	11.8		15.8		15.7		—		—		43.3
	$	54.4	$	59.9	$	48.5	$	18.5	$	1.8	$	183.1

Stock Option Activity

Stock option activity for the three months ended June 30, 2019 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, 2019	1,374,430	$	14.81

Exercised	(24,381)	$	5.68		$	1,144
Forfeited or canceled	(2,340)	$	2.04
Outstanding at June 30, 2019	1,347,709	$	15.00	4.2	$	45,125
Exercisable at June 30, 2019	1,278,265	$	15.73	4.0	$	41,859

The aggregate intrinsic value at period end represents the total pre-tax intrinsic value (the difference between LiveRamp’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 June 30, 2019. This amount changes based upon changes in the fair market value of LiveRamp’s common stock.

A summary of stock options outstanding and exercisable as of June 30, 2019 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	192,826	5.1 years	$	1.53	123,382	$	1.57
$	10.00	—	$	19.99	709,672	3.3 years	$	14.69	709,672	$	14.69
$	20.00	—	$	24.99	445,211	5.2 years	$	21.32	445,211	$	21.32

					1,347,709	4.2 years	$	15.00	1,278,265	$	15.73

Performance Stock Option Unit Activity

Performance stock option unit activity for the three months ended June 30, 2019 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, 2019	130,154	$	21.44


Forfeited or canceled	(130,154)	$	21.44
Outstanding at June 30, 2019	—	$	—		$	—
Exercisable at June 30, 2019	—	$	—	—	$	—

The performance stock option units outstanding at March 31, 2019 reached maturity of the relevant performance period at March 31, 2019. The units attained a 0% attainment level, resulting in cancellation of the units in the current fiscal year.

Restricted Stock Unit Activity

During the three months ended June 30, 2019, the Company granted time-vesting restricted stock units covering 926,461 shares of common stock with a fair value at the date of grant of $51.4 million. Of the restricted stock units granted in the current period, 78,172 vest in equal annual increments over four years, and 848,289 vest 25% at the one-year anniversary and 75% in equal quarterly increments over the subsequent three years. Grant date fair value of these units is equal to the quoted market price for the shares on the date of grant.

Time-vesting restricted stock unit activity for the three months ended June 30, 2019 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2019	3,054,750	$	30.91	2.47
Granted	926,461	$	55.48
Vested	(144,917)	$	23.66
Forfeited or canceled	(142,708)	$	35.36
Outstanding at June 30, 2019	3,693,586	$	37.18	2.65

The total fair value of time-vesting restricted stock units vested for the three months ended June 30, 2019 was $7.9 million and is measured as the quoted market price of the Company's common stock on the vesting date for the number of shares vested.

During the three months ended June 30, 2019, the Company granted performance-based restricted stock units covering 202,818 shares of common stock having a fair value at the date of grant of $12.3 million. The grants were made under two separate performance plans. Under the first performance plan, units covering 60,844 shares of common stock were granted having a fair value at the date of grant of $4.4 million, determined using a Monte Carlo simulation model. The units vest subject to attainment of market conditions established by the compensation committee of the board of directors (“compensation committee”) and continuous employment through the vesting date. The 60,844 units may vest in a number of shares from 0% to 200% of the award, based on the total shareholder return of LiveRamp common stock compared to total shareholder return of the Russell 2000 market index for the period from April 1, 2019 to March 31, 2022. Under the second performance plan, units covering 141,974 shares of common stock were granted having a fair value at the date of grant of $7.9 million equal to the quoted market price for the shares on the date of grant. The units vest subject to attainment of performance criteria established by the compensation committee of the board of directors. The units may vest in three equal annual increments in a number of shares from 0% to 200% of the award, based on the attainment of year-over-year revenue growth targets of each annual period from April 1, 2019 to March 31, 2022.

Non-vested performance-based restricted stock unit activity for the three months ended June 30, 2019 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2019	394,188	$	43.88	3.23
Granted	202,818	$	60.65


Forfeited or canceled	(45,047)	$	34.89
Outstanding at June 30, 2019	551,959	$	50.77	2.97

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 Holdback Agreement specifies the payment of the consideration in monthly installments using LiveRamp shares over a thirty month period, ending in the quarter ended June 30, 2019. At June 30, 2019, the Company had met its full obligation for the consideration holdback due to the Arbor key employees. Through June 30, 2019, the Company had recognized a total of $38.3 million expense related to the Holdback Agreements.

PDP Assumed Performance Plan

In connection with the fiscal 2018 acquisition of PDP, the Company assumed the outstanding performance compensation plan under the PDP 2018 Equity Compensation Plan ("PDP PSU plan"). Through June 30, 2019, the Company has recognized a total of $21.7 million related to the PDP PSU plan. At June 30, 2019, the recognized, but unpaid, balance related to the PDP PSU plan in other accrued expenses in the condensed consolidated balance sheet was $19.5 million.

OTHER CURRENT AND NONCURRENT ASSETS:

3 Months Ended

Jun. 30, 2019

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

OTHER CURRENT AND NONCURRENT ASSETS:

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


	June 30, 2019		March 31, 2019
Prepaid expenses and other	$	8,108	$	9,058
Post-closing receivable from IPG	17,625		17,625
Interest receivable	1,921		2,497
Assets of non-qualified retirement plan	15,263		14,970
Other current assets	$	42,917	$	44,150

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


	June 30, 2019		March 31, 2019
Acquired intangible assets, net	$	22,054	$	24,217
Right-of-use assets	20,930		—
Other miscellaneous noncurrent assets	8,025		8,282
Other assets, net	$	51,009	$	32,499

OTHER ACCRUED EXPENSES:

3 Months Ended

Jun. 30, 2019

Other Accrued Expenses [Abstract].

OTHER ACCRUED EXPENSES

OTHER ACCRUED EXPENSES:

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


	June 30, 2019		March 31, 2019
Liabilities of non-qualified retirement plan	$	15,263	$	14,970
Short-term lease liabilities	8,443		—
PDP performance plan liability	19,500		—
Other miscellaneous accrued expenses	27,723		25,946
Other accrued expenses	$	70,929	$	40,916

PROPERTY AND EQUIPMENT

3 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT:

Property and equipment is summarized as follows (dollars in thousands):


	June 30, 2019		March 31, 2019

Leasehold improvements	$	22,380	$	20,097
Data processing equipment	37,798		37,678
Office furniture and other equipment	8,476		7,077
	68,654		64,852
Less accumulated depreciation and amortization	44,047		38,809
	$	24,607	$	26,043

Depreciation expense on property and equipment was $5.3 million and $2.7 million for the three months ended June 30, 2019 and 2018, respectively. Depreciation expense for the three months ended June 30, 2019 included

$1.9 million of accelerated depreciation expense associated with the reduced useful life of certain IT equipment in connection with the Company's migration to a cloud-based data center solution.

GOODWILL AND INTANGIBLE ASSETS:

3 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS:

Goodwill for the three months ended June 30, 2019 (dollars in thousands) was as follows:


	Total
Balance at March 31, 2019	$	204,656
Acquisition of Faktor	3,110
Change in foreign currency translation adjustment	12
Balance at June 30, 2019	$	207,778

Goodwill by geography as of June 30, 2019 was:


	Total
U.S.	$	204,586
APAC	3,192
Balance at June 30, 2019	$	207,778

The amounts allocated to intangible assets from acquisitions include developed technology, customer relationships, trade names, and publisher relationships. Amortization lives for those intangibles range from two years to six years. The following table shows the amortization activity of intangible assets (dollars in thousands):


	June 30, 2019		March 31, 2019
Developed technology, gross (Software)	$	55,500	$	54,000
Accumulated amortization	(50,385)		(49,625)
Net developed technology	$	5,115	$	4,375

Customer relationship/Trade name, gross (Other assets, net)	$	36,000	$	35,800
Accumulated amortization	(27,499)		(26,128)
Net customer/trade name	$	8,501	$	9,672

Publisher relationship, gross (Other assets, net)	$	23,800	$	23,800
Accumulated amortization	(10,247)		(9,255)
Net publisher relationship	$	13,553	$	14,545

Total intangible assets, gross	$	115,300	$	113,600
Total accumulated amortization	(88,131)		(85,008)
Total intangible assets, net	$	27,169	$	28,592

Total amortization expense related to intangible assets for the three months ended June 30, 2019 and 2018 was $3.1 million and $6.1 million, respectively. The following table presents the estimated future amortization expenses

related to purchased intangible assets. The amount for 2020 represents the remaining nine months ending March 31, 2020. All other periods represent fiscal years ending March 31 (dollars in thousands):


Fiscal Year:
2020	$	9,369
2021	8,650
2022	5,717
2023	3,433

	$	27,169

SOFTWARE:

3 Months Ended

Jun. 30, 2019

Research and Development [Abstract]

SOFTWARE

SOFTWARE:

Software is summarized as follows (dollars in thousands):


	June 30, 2019		March 31, 2019
Internally developed computer software	$	51,525	$	51,525
Acquired developed technology	55,500		54,000
	107,025		105,525
Less accumulated amortization	99,925		98,664
	$	7,100	$	6,861

Amortization expense related to internally developed computer software was $1.2 million and $4.1 million for the three months ended June 30, 2019 and 2018, respectively, including $0.8 million and $3.6 million, respectively, related to acquired developed technology as part of recent acquisitions.

ALLOWANCE FOR DOUBTFUL ACCOUNTS:	3 Months Ended
ALLOWANCE FOR DOUBTFUL ACCOUNTS:	Jun. 30, 2019
SEC Schedule, 12-09, 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 $3.4 million at June 30, 2019 and $3.0 million at March 31, 2019.

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

3 Months Ended

Jun. 30, 2019

Restructuring and Related Activities [Abstract]

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

The following table summarizes the restructuring activity for the three months ended June 30, 2019 (dollars in thousands):


	Associate-related reserves		Lease accruals		Total
March 31, 2019	$	4,595	$	5,688	$	10,283
Restructuring charges and adjustments	1,879		(79)		1,800
Payments	(471)		(156)		(627)
June 30, 2019	$	6,003	$	5,453	$	11,456

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

Restructuring Plans

In the three months ended June 30, 2019, the Company recorded a total of $1.8 million in restructuring charges and adjustments included in gains, losses and other items, net in the condensed consolidated statement of operations. The current year expense included adjustments to fiscal 2019 restructuring plans for associates in the United States of $1.9 million, and lease accruals and adjustments of $(0.1) million.

In fiscal 2019, the Company recorded a total of $7.7 million in restructuring charges and adjustments included in gains, losses and other items, net in the consolidated statement of operations. The fiscal year 2019 expense included restructuring plans primarily for associates in the United States and Asia-Pacific of $6.1 million, lease accruals and adjustments of $0.8 million, and leasehold improvement write-offs of $0.8 million. Of the total fiscal 2019 plans associate-related accruals, $5.7 million remained accrued at March 31, 2019. The associate-related costs are expected to be paid out in fiscal 2020.

In fiscal 2018, the Company recorded a total of $2.7 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 $0.2 million, and lease accruals and adjustments of $2.5 million. The associate-related accruals of $0.2 million were paid out in fiscal 2019. The lease accruals and adjustments of $2.5 million result from the Company's exit from certain leased office facilities.

In fiscal 2017, the Company recorded a total of $3 million in restructuring charges and adjustments included in gains, losses and other items, net in the condensed consolidated statement of operations. The expense included lease accruals and adjustments of $3.0 million resulting 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).

In fiscal 2015, the Company recorded a total of $9.3 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 $2.6 million, lease accruals of $4.7 million, and the write-off of leasehold improvements of $2.0 million. Of the associate-related accruals of $2.6 million, $0.3 million remained accrued as of June 30, 2019. These amounts are expected to be paid out in fiscal 2021.

With respect to fiscal 2015, 2017, 2018, 2019, and 2020 lease accruals and adjustments described above, the Company intends to continue subleasing the facilities to the extent possible. The liabilities will be satisfied over the remainder of the leased properties' terms, which continue through November 2025. Of the total amount accrued, $5.5 million remained accrued as of June 30, 2019. 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
	June 30,
	2019		2018
Restructuring plan charges and adjustments	$	1,800	$	—


Other	476		1
	$	2,276	$	1

COMMITMENTS AND CONTINGENCIES:	3 Months Ended
COMMITMENTS AND CONTINGENCIES:	Jun. 30, 2019
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.

INCOME TAXES:	3 Months Ended
INCOME TAXES:	Jun. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES:	INCOME TAX:In determining the quarterly provision for income taxes, the Company applies its estimated annual effective income tax rate to its year-to-date pretax income or loss and adjusts for discrete tax items in the period. The estimated annual effective income tax rate for the current fiscal year is primarily driven by the valuation allowance, with a lesser impact attributable to federal research tax credits and the benefit of certain state tax losses, offset by income tax expenses in profitable foreign jurisdictions. Realization of the Company's net deferred tax assets is dependent upon its generation of sufficient taxable income of the proper character in future years in appropriate tax jurisdictions to obtain benefit from the reversal of temporary differences and net operating loss carryforwards. As of June 30, 2019, the Company continues to maintain a full valuation allowance on its deferred tax assets except in certain foreign jurisdictions.

FAIR VALUE OF FINANCIAL INSTRUMENTS:

3 Months Ended

Jun. 30, 2019

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, and trade payables - The carrying amount approximates fair value because of the short maturity of these instruments.

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 June 30, 2019 (dollars in thousands):


	Level 1		Level 2		Level 3		Total
Assets:
Other current assets	$	15,263	$	—	$	—	$	15,263
Total assets	$	15,263	$	—	$	—	$	15,263

- 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

SUBSEQUENT EVENT	3 Months Ended
SUBSEQUENT EVENT	Jun. 30, 2019
Subsequent Events [Abstract]
SUBSEQUENT EVENT	SUBSEQUENT EVENTOn July 2, 2019, the Company closed its merger agreement with Data Plus Math Corporation, a media measurement company that works with brands, agencies, cable operators, streaming TV services and networks to tie cross-screen ad exposure with real-world outcomes, for approximately $117 million in cash. The aggregate value of merger consideration with respect to assumed options and the shares of common stock of the Company, subject to holdback agreements with certain key employees, is expected to equal approximately $33 million and be reported as non-cash stock compensation over the applicable vesting periods. The initial accounting for this acquisition is incomplete due to the timing of the acquisition, including the disclosure of the major classes of assets acquired and liabilities assumed and supplemental pro forma disclosures.

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Policies)	3 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Recent Accounting Pronouncements Not Yet Adopted	Recent Accounting Pronouncements Not Yet Adopted In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework”, which eliminates, modifies and adds disclosure requirements for fair value measurements. The update is effective for annual periods beginning after December 15, 2019 (fiscal 2021 for the Company), including interim periods within those fiscal years, with early adoption permitted. The Company is currently assessing the impact of this new standard on our condensed consolidated financial statements and does not expect the adoption will have a material impact on our condensed consolidated financial statements. In August 2018, the FASB issued ASU 2018-15, "Intangibles-Goodwill and Other-Internal Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract" ("ASU 2018-15"). ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a cloud computing arrangement (“CCA”) that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Previously, all implementation costs for a hosting arrangement that was a service contract were expensed when incurred. CCA’s, such as software as a service and other hosting arrangements, are evaluated for capitalized implementation costs in a similar manner as capitalized software development costs. If a CCA includes a software license, the software license element of the arrangement is accounted for in a manner consistent with the acquisition of other software licenses. If a CCA does not include a software license, the service element of the arrangement is accounted for as a service contract. ASU 2018-15 is effective for annual periods beginning after December 15, 2019 (fiscal 2021 for the Company), including interim periods within those fiscal years, with early adoption permitted. The Company is currently assessing the impact of this new standard on our condensed consolidated financial statements and does not expect the adoption will have a material impact on our condensed consolidated financial statements. 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.

TOPIC 842 ADOPTION IMPACT AND LEASES: (Tables)

3 Months Ended

Jun. 30, 2019

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity

Future minimum payments under all operating leases (including operating leases with a duration of less than 12 months) as of June 30, 2019 are as follows (dollars in thousands):


Year	Amount
Remainder of Fiscal 2020	$	7,023
Fiscal 2021	8,699
Fiscal 2022	8,255
Fiscal 2023	2,497
Fiscal 2024	571
Thereafter	—
Total undiscounted lease commitments	27,045
Less: Interest	2,561
Total discounted operating lease liabilities	$	24,484

Lessee, Operating Lease, Supplemental Information

Supplemental information related to operating leases is as follows (dollars in thousands):


	Three months ended
	June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,134
Weighted average remaining lease term	3.1 years
Weighted average discount rate	5.0		%

Schedule of Future Minimum Rental Payments for Operating Leases


	For the years ending March 31,
	2020	2021	2022	2023	2024	Thereafter	Total
Operating leases	12,057	11,253	10,865	5,160	3,270	4,497	47,102

REVENUE FROM CONTRACTS WITH CUSTOMERS: (Tables)

3 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

In the following table, revenue is disaggregated by primary geographical market and major service offerings (dollars in thousands).


	For the three months ended
	June 30,
Primary Geographical Markets	2019		2018
United States	$	76,541	$	56,222
Europe	4,747		4,920
APAC	1,223		1,329
	$	82,511	$	62,471

Major Offerings/Services
Subscription	$	68,326	$	51,329
Marketplace and Other	14,185		11,142
	$	82,511	$	62,471

LOSS PER SHARE AND STOCKHOLDERS’ EQUITY: (Tables)

3 Months Ended

Jun. 30, 2019

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


	For the three months ended
	June 30,
	2019		2018
Basic loss per share:
Net loss from continuing operations	$	(42,140)	$	(27,818)
Earnings from discontinued operations, net of tax	—		24,803
Net loss	$	(42,140)	$	(3,015)

Basic weighted-average shares outstanding	68,906		76,935

Continuing operations	$	(0.61)	$	(0.36)
Discontinued operations	—		0.32
Basic loss per share	$	(0.61)	$	(0.04)

Diluted loss per share:
Basic weighted-average shares outstanding	68,906		76,935
Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method	—		—
Diluted weighted-average shares outstanding	68,906		76,935

Continuing operations	$	(0.61)	$	(0.36)
Discontinued operations	—		0.32
Diluted loss per share	$	(0.61)	$	(0.04)

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


	For the three months ended
	June 30,
	2019	2018
Number of shares outstanding under options, warrants and restricted stock units plans	431	119
Range of exercise prices for options	N/A	$	32.85

ACQUISITIONS: (Tables)

3 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table presents the purchase price allocation related to assets acquired and liabilities assumed (dollars in thousands):


	April 2, 2019
Assets acquired:
Cash	$	35
Trade accounts receivable	63
Goodwill	3,110
Intangible assets (Other assets)	1,700
Other current and noncurrent assets	126
Total assets acquired	5,034
Deferred income taxes	(194)
Accounts payable and accrued expenses	(326)
Net assets acquired	4,514
Less:
Cash acquired	(35)
Net cash paid	$	4,479

DISCONTINUED OPERATIONS: (Tables)

3 Months Ended

Jun. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following is a reconciliation of the major classes of line items constituting earnings from discontinued operations, net of tax (dollars in thousands):


	For the three months ended June 30, 2018
Revenues	$	164,489
Cost of revenue	93,617
Gross profit	70,872
Operating expenses:
Research and development	7,566
Sales and marketing	21,527
General and administrative	16,594
Gains, losses and other items, net	1,284
Total operating expenses	46,971
Income from discontinued operations	23,901
Interest expense	(2,838)
Other, net	168
Earnings from discontinued operations before income taxes	21,231
Income taxes (benefit)	(3,572)
Earnings from discontinued operations, net of tax	$	24,803

Substantially all interest expense was allocated to discontinued operations.

Disposal Groups, Including Discontinued Operations, Related Cash Inflows, Cash Outflows, Revenues, And Expenses

The related cash inflows and outflows and revenues and costs for the three months ended June 30, 2019 was (dollars in thousands):



	For the three months ended June 30, 2019
Cash inflows	$	13,720
Cash outflows	$	4,847

Revenues	$	12,598
Costs	$	2,346

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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+ Details

STOCK-BASED COMPENSATION: (Tables)

3 Months Ended

Jun. 30, 2019

Share-based Payment Arrangement [Abstract]

Schedule of stock-based compensation activity, by award type

The Company's stock-based compensation activity for the three months ended June 30, 2019, by award type, was (dollars in millions):


	For the three months ended
	June 30,
	2019		2018
Stock options	$	0.7	$	1.0
Performance stock options	—		0.3
Restricted stock units	11.1		8.5
Arbor acquisition consideration holdback	2.6		3.8
Pacific Data Partners ("PDP) assumed performance plan	3.9		3.9
Other non-employee stock-based compensation	0.3		0.3
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	18.6		17.8
Less expense related to liability-based equity awards	(3.5)		(3.5)
Stock-based compensation of discontinued operations	—		2.5
Total non-cash stock-based compensation included in the condensed consolidated statements of equity	$	15.1	$	16.8

Schedule of effect of stock-based compensation expense on income, by financial statement line item

The effect of stock-based compensation expense on income, by financial statement line item, was (dollars in millions):


	For the three months ended
	June 30,
	2019		2018
Cost of revenue	$	0.8	$	0.7
Research and development	4.0		4.4
Sales and marketing	8.9		9.9
General and administrative	4.9		2.8
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$	18.6	$	17.8

Schedule of share based compensation arrangement by share based payment award, future expense


	During the year ended:
	2020		2021		2022		2023		2024		Total
Stock options	$	1.4	$	0.5	$	—	$	—	$	—	$	1.9
Restricted stock units	41.2		43.6		32.8		18.5		1.8		137.9

PDP assumed performance plan	11.8		15.8		15.7		—		—		43.3
	$	54.4	$	59.9	$	48.5	$	18.5	$	1.8	$	183.1

Schedule of option activity

Stock option activity for the three months ended June 30, 2019 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, 2019	1,374,430	$	14.81

Exercised	(24,381)	$	5.68		$	1,144
Forfeited or canceled	(2,340)	$	2.04
Outstanding at June 30, 2019	1,347,709	$	15.00	4.2	$	45,125
Exercisable at June 30, 2019	1,278,265	$	15.73	4.0	$	41,859

Summary of stock options outstanding and exercisable

A summary of stock options outstanding and exercisable as of June 30, 2019 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	192,826	5.1 years	$	1.53	123,382	$	1.57
$	10.00	—	$	19.99	709,672	3.3 years	$	14.69	709,672	$	14.69
$	20.00	—	$	24.99	445,211	5.2 years	$	21.32	445,211	$	21.32

					1,347,709	4.2 years	$	15.00	1,278,265	$	15.73

Schedule of performance stock option unit activity

Performance stock option unit activity for the three months ended June 30, 2019 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, 2019	130,154	$	21.44


Forfeited or canceled	(130,154)	$	21.44
Outstanding at June 30, 2019	—	$	—		$	—
Exercisable at June 30, 2019	—	$	—	—	$	—

Schedule of time-vesting restricted stock unit activity

Time-vesting restricted stock unit activity for the three months ended June 30, 2019 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2019	3,054,750	$	30.91	2.47
Granted	926,461	$	55.48
Vested	(144,917)	$	23.66
Forfeited or canceled	(142,708)	$	35.36
Outstanding at June 30, 2019	3,693,586	$	37.18	2.65

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

Non-vested performance-based restricted stock unit activity for the three months ended June 30, 2019 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2019	394,188	$	43.88	3.23
Granted	202,818	$	60.65


Forfeited or canceled	(45,047)	$	34.89
Outstanding at June 30, 2019	551,959	$	50.77	2.97

OTHER CURRENT AND NONCURRENT ASSETS: (Tables)

3 Months Ended

Jun. 30, 2019

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):


	June 30, 2019		March 31, 2019
Prepaid expenses and other	$	8,108	$	9,058
Post-closing receivable from IPG	17,625		17,625
Interest receivable	1,921		2,497
Assets of non-qualified retirement plan	15,263		14,970
Other current assets	$	42,917	$	44,150

Schedule of components of other noncurrent assets

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


	June 30, 2019		March 31, 2019
Acquired intangible assets, net	$	22,054	$	24,217
Right-of-use assets	20,930		—
Other miscellaneous noncurrent assets	8,025		8,282
Other assets, net	$	51,009	$	32,499

OTHER ACCRUED EXPENSES: (Tables)

3 Months Ended

Jun. 30, 2019

Other Accrued Expenses [Abstract].

Schedule of other accrued expenses

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


	June 30, 2019		March 31, 2019
Liabilities of non-qualified retirement plan	$	15,263	$	14,970
Short-term lease liabilities	8,443		—
PDP performance plan liability	19,500		—
Other miscellaneous accrued expenses	27,723		25,946
Other accrued expenses	$	70,929	$	40,916

PROPERTY AND EQUIPMENT (Tables)

3 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property and equipment is summarized as follows (dollars in thousands):


	June 30, 2019		March 31, 2019

Leasehold improvements	$	22,380	$	20,097
Data processing equipment	37,798		37,678
Office furniture and other equipment	8,476		7,077
	68,654		64,852
Less accumulated depreciation and amortization	44,047		38,809
	$	24,607	$	26,043

GOODWILL AND INTANGIBLE ASSETS: (Tables)

3 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

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

Goodwill for the three months ended June 30, 2019 (dollars in thousands) was as follows:


	Total
Balance at March 31, 2019	$	204,656
Acquisition of Faktor	3,110
Change in foreign currency translation adjustment	12
Balance at June 30, 2019	$	207,778

Goodwill by geography as of June 30, 2019 was:


	Total
U.S.	$	204,586
APAC	3,192
Balance at June 30, 2019	$	207,778

Schedule of amortization activity of intangible assets

The following table shows the amortization activity of intangible assets (dollars in thousands):


	June 30, 2019		March 31, 2019
Developed technology, gross (Software)	$	55,500	$	54,000
Accumulated amortization	(50,385)		(49,625)
Net developed technology	$	5,115	$	4,375

Customer relationship/Trade name, gross (Other assets, net)	$	36,000	$	35,800
Accumulated amortization	(27,499)		(26,128)
Net customer/trade name	$	8,501	$	9,672

Publisher relationship, gross (Other assets, net)	$	23,800	$	23,800
Accumulated amortization	(10,247)		(9,255)
Net publisher relationship	$	13,553	$	14,545

Total intangible assets, gross	$	115,300	$	113,600
Total accumulated amortization	(88,131)		(85,008)
Total intangible assets, net	$	27,169	$	28,592

Schedule of estimated future amortization expenses related to purchases and other intangible assets

All other periods represent fiscal years ending March 31 (dollars in thousands):


Fiscal Year:
2020	$	9,369
2021	8,650
2022	5,717
2023	3,433

	$	27,169

SOFTWARE: (Tables)

3 Months Ended

Jun. 30, 2019

Research and Development [Abstract]

Schedule of Software

Software is summarized as follows (dollars in thousands):


	June 30, 2019		March 31, 2019
Internally developed computer software	$	51,525	$	51,525
Acquired developed technology	55,500		54,000
	107,025		105,525
Less accumulated amortization	99,925		98,664
	$	7,100	$	6,861

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: (Tables)

3 Months Ended

Jun. 30, 2019

Restructuring and Related Activities [Abstract]

Summary of restructuring activity

The following table summarizes the restructuring activity for the three months ended June 30, 2019 (dollars in thousands):


	Associate-related reserves		Lease accruals		Total
March 31, 2019	$	4,595	$	5,688	$	10,283
Restructuring charges and adjustments	1,879		(79)		1,800
Payments	(471)		(156)		(627)
June 30, 2019	$	6,003	$	5,453	$	11,456

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
	June 30,
	2019		2018
Restructuring plan charges and adjustments	$	1,800	$	—


Other	476		1
	$	2,276	$	1

FAIR VALUE OF FINANCIAL INSTRUMENTS: (Tables)

3 Months Ended

Jun. 30, 2019

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 June 30, 2019 (dollars in thousands):


	Level 1		Level 2		Level 3		Total
Assets:
Other current assets	$	15,263	$	—	$	—	$	15,263
Total assets	$	15,263	$	—	$	—	$	15,263

TOPIC 842 ADOPTION IMPACT AND LEASES: Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Apr. 01, 2019	Mar. 31, 2019	Mar. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease, right-of-use asset	$ 20,930		$ 0
Short-term leases liabilities	8,443			$ 0
Long-term lease liabilities	16,000
Operating lease costs	2,200
2020	7,023
2021	8,699
2022	8,255
2023	2,497
2024	571
Thereafter	0
Leased office facilities
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
2020	1,886
2021	2,544
2022	2,610
2023	2,663
2024	2,699
Thereafter	$ 4,497
Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease, right-of-use asset		$ 22,900
Short-term leases liabilities		8,400
Long-term lease liabilities		17,900
Deferred rent		$ 3,400

TOPIC 842 ADOPTION IMPACT AND LEASES: Operating Lease, Liability Maturity (Details) $ in Thousands	Jun. 30, 2019 USD ($)
Leases [Abstract]
2020	$ 7,023
2021	8,699
2022	8,255
2023	2,497
2024	571
Thereafter	0
Total undiscounted lease commitments	27,045
Less: Interest	2,561
Total discounted operating lease liabilities	$ 24,484

TOPIC 842 ADOPTION IMPACT AND LEASES: Supplemental information related to operating leases (Details) $ in Thousands	3 Months Ended
	Jun. 30, 2019 USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ 2,134
Weighted average remaining lease term	3 years 1 month 6 days
Weighted average discount rate	5.00%

TOPIC 842 ADOPTION IMPACT AND LEASES: Future minimum lease payments under all noncancellable operating leases (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019
Leases [Abstract]
2020		$ 12,057
2021	$ 11,253
2022	10,865
2023	5,160
2024	3,270
Thereafter	4,497
Total	$ 47,102

REVENUE FROM CONTRACTS WITH CUSTOMERS: Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Revenues	$ 82,511	$ 62,471
Subscription
Disaggregation of Revenue [Line Items]
Revenues	68,326	51,329
Marketplace and Other
Disaggregation of Revenue [Line Items]
Revenues	14,185	11,142
United States
Disaggregation of Revenue [Line Items]
Revenues	76,541	56,222
Europe
Disaggregation of Revenue [Line Items]
Revenues	4,747	4,920
APAC
Disaggregation of Revenue [Line Items]
Revenues	$ 1,223	$ 1,329

REVENUE FROM CONTRACTS WITH CUSTOMERS: Transaction Price Allocated to the Remaining Performance Obligations (Details) $ in Millions	Jun. 30, 2019 USD ($)
Revenue from Contract with Customer [Abstract]
Revenue, remaining performance obligation	$ 319.4
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	4 years 9 months

LOSS 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
	Jun. 30, 2019	Jun. 30, 2018
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY [Abstract]
Net earnings (loss) from continuing operations	$ (42,140)	$ (27,818)
Earnings from discontinued operations, net of tax	0	24,803
Net loss	$ (42,140)	$ (3,015)
Basic earnings (loss) per share:
Basic weighted-average shares outstanding (in shares)	68,906	76,935
Basic earnings (loss) per share from continuing operations (in dollars per share)	$ (0.61)	$ (0.36)
Basic earnings (loss) per share from discontinued operations (in dollars per share)	0	0.32
Basic earnings (loss) per share (in dollars per share)	$ (0.61)	$ (0.04)
Diluted earnings (loss) per share:
Basic weighted-average shares outstanding (in shares)	68,906	76,935
Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method (in shares)	0	0
Diluted weighted-average shares outstanding	68,906	76,935
Diluted earnings (loss) per share from continuing operations (in dollars per share)	$ (0.61)	$ (0.36)
Diluted earnings (loss) per share from discontinued operations (in dollars per share)	0	0.32
Diluted earnings (loss), net per share (in USD per share)	$ (0.61)	$ (0.04)

LOSS PER SHARE AND STOCKHOLDERS’ EQUITY: Narrative (Details) - USD ($) shares in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2019	Oct. 25, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	431	119
Repurchase of stock (in shares)	400
Acquisition of treasury stock	$ 20,099,000	$ 45,766,000
Treasury stock, at cost	1,799,766,000		$ 1,767,574,000
Accumulated other comprehensive income	$ 7,334,000		$ 7,801,000
Common Stock Repurchase Program
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock repurchase program, authorized amount				$ 1,000,000,000.0
Repurchase of stock (in shares)	23,000
Treasury stock, at cost	$ 469,200,000
Stock repurchase program, remaining amount	$ 530,800,000
Stock Options And Warrants And Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	2,800	2,300

LOSS PER SHARE AND STOCKHOLDERS’ EQUITY: Anti-dilutive shares (Details) - $ / shares shares in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	431	119
Range of exercise prices for options (in dollars per share)		$ 32.85

ACQUISITIONS: Narrative (Details) $ in Millions	Apr. 01, 2019 USD ($)
Faktor B. V. [Member]
Business Acquisition [Line Items]
Payments to acquire businesses, gross	$ 4.5

ACQUISITIONS: Purchase price allocation related to assets acquired and liabilities assumed (Details) € in Thousands, $ in Thousands		3 Months Ended
	Apr. 01, 2019 EUR (€)	Jun. 30, 2019 USD ($)	Jun. 30, 2018 USD ($)	Mar. 31, 2019 USD ($)
Business Acquisition [Line Items]
Goodwill \| $		$ 207,778		$ 204,656
Net cash paid \| $		$ 4,479	$ 0
Faktor B. V. [Member]
Business Acquisition [Line Items]
Cash	€ 35
Trade accounts receivable	63
Goodwill	3,110
Intangible assets (Other assets)	1,700
Other current and noncurrent assets	126
Total assets acquired	5,034
Deferred income taxes	(194)
Accounts payable and accrued expenses	(326)
Net assets acquired	4,514
Cash acquired	(35)
Net cash paid	€ 4,479

DISCONTINUED OPERATIONS: Narrative (Details) $ in Millions	3 Months Ended
DISCONTINUED OPERATIONS: Narrative (Details) $ in Millions	Jun. 30, 2019 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Incremental increase to previous periods	$ 5.1
Acxiom Marketing Solutions \| Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash proceeds from disposal of operations	$ 2,300.0

DISCONTINUED OPERATIONS: Reconciliation of the major classes of line items constituting earnings from discontinued operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Earnings from discontinued operations, net of tax	$ 0	$ 24,803
Acxiom Marketing Solutions \| Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues		164,489
Costs of revenues		93,617
Gross profit		70,872
Research and development		7,566
Sales and marketing		21,527
General and administrative		16,594
Gains, losses and other items, net		1,284
Total operating expense		46,971
Income from discontinued operations		23,901
Interest expense		(2,838)
Other, net		168
Earnings from discontinued operations before income taxes		21,231
Income taxes		(3,572)
Earnings from discontinued operations, net of tax		$ 24,803

DISCONTINUED OPERATIONS: The related cash inflows and outflows and revenues and expenses (Details) $ in Thousands	3 Months Ended
	Jun. 30, 2019 USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Cash inflows	$ 13,720
Cash outflows	4,847
Revenues	12,598
Costs	$ 2,346

STOCK-BASED COMPENSATION: (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Jun. 30, 2019	Mar. 31, 2019
Stock Option Activity - Number of Shares
Outstanding at beginning of the period (in shares)	1,374,430
Exercised (in shares)	(24,381)
Forfeited or cancelled (in shares)	(2,340)
Outstanding at end of the period (in shares)	1,347,709
Exercisable at the end of the period (in shares)	1,278,265
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share)	$ 14.81
Exercised (in dollars per share)	5.68
Forfeited or cancelled (in dollars per share)	2.04
Outstanding at the end of the period (in dollars per share)	15.00
Exercisable at the end of the period (in dollars per share)	$ 15.73
Weighted-average remaining contractual term
Weighted average remaining contractual term	4 years 2 months 12 days
Exercisable at the end of the period	4 years
Aggregate intrinsic value
Exercised	$ 1,144
Outstanding at the end of the period	45,125
Exercisable at the end of the period	$ 41,859
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)		42,300,000
Shares which remained available for future grants (in shares)	11,300,000

STOCK-BASED COMPENSATION: Stock-based compensation activity, by award type (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Share-based compensation
Other non-employee stock-based compensation	$ 300	$ 300
Total non-cash stock-based compensation	18,600	17,800
Stock-based compensation of discontinued operations	0	2,500
Total non-cash stock-based compensation included in the condensed consolidated statement of equity	15,064	16,811
Cost of revenue
Share-based compensation
Total non-cash stock-based compensation	800	700
Research and development
Share-based compensation
Total non-cash stock-based compensation	4,000	4,400
Sales and marketing
Share-based compensation
Total non-cash stock-based compensation	8,900	9,900
General and administrative
Share-based compensation
Total non-cash stock-based compensation	4,900	2,800
Stock options
Share-based compensation
Share-based compensation expense	700	1,000
Performance stock
Share-based compensation
Share-based compensation expense	0	300
Restricted stock units
Share-based compensation
Share-based compensation expense	11,100	8,500
Arbor Holdback Agreement \| Arbor
Share-based compensation
Share-based compensation expense	2,600	3,800
Pacific Data Partners, LLC Agreement Plan \| Pacific Data Partners LLC
Share-based compensation
Share-based compensation expense	3,900	3,900
Liability-based equity awards
Share-based compensation
Total non-cash stock-based compensation	$ (3,500)	$ (3,500)

STOCKHOLDERS' EQUITY: Future expense, by award type (Details) $ in Millions	Jun. 30, 2019 USD ($)
Share-based compensation
Future expense for performance stock option units	$ 183.1
2020
Share-based compensation
Future expense for performance stock option units	54.4
2021
Share-based compensation
Future expense for performance stock option units	59.9
2022
Share-based compensation
Future expense for performance stock option units	48.5
2023
Share-based compensation
Future expense for performance stock option units	18.5
2024
Share-based compensation
Future expense for performance stock option units	1.8
Stock options
Share-based compensation
Share-based compensation not yet recognized	1.9
Stock options \| 2020
Share-based compensation
Share-based compensation not yet recognized	1.4
Stock options \| 2021
Share-based compensation
Share-based compensation not yet recognized	0.5
Stock options \| 2022
Share-based compensation
Share-based compensation not yet recognized	0.0
Stock options \| 2023
Share-based compensation
Share-based compensation not yet recognized	0.0
Stock options \| 2024
Share-based compensation
Share-based compensation not yet recognized	0.0
Restricted stock units
Share-based compensation
Future share-based compensation expense expected	137.9
Restricted stock units \| 2020
Share-based compensation
Future share-based compensation expense expected	41.2
Restricted stock units \| 2021
Share-based compensation
Future share-based compensation expense expected	43.6
Restricted stock units \| 2022
Share-based compensation
Future share-based compensation expense expected	32.8
Restricted stock units \| 2023
Share-based compensation
Future share-based compensation expense expected	18.5
Restricted stock units \| 2024
Share-based compensation
Future share-based compensation expense expected	1.8
Pacific Data Partners, LLC Agreement Plan \| Pacific Data Partners LLC
Share-based compensation
Future share-based compensation expense expected	43.3
Pacific Data Partners, LLC Agreement Plan \| Pacific Data Partners LLC \| 2020
Share-based compensation
Future share-based compensation expense expected	11.8
Pacific Data Partners, LLC Agreement Plan \| Pacific Data Partners LLC \| 2021
Share-based compensation
Future share-based compensation expense expected	15.8
Pacific Data Partners, LLC Agreement Plan \| Pacific Data Partners LLC \| 2022
Share-based compensation
Future share-based compensation expense expected	15.7
Pacific Data Partners, LLC Agreement Plan \| Pacific Data Partners LLC \| 2023
Share-based compensation
Future share-based compensation expense expected	0.0
Pacific Data Partners, LLC Agreement Plan \| Pacific Data Partners LLC \| 2024
Share-based compensation
Future share-based compensation expense expected	$ 0.0

STOCK-BASED COMPENSATION: Performance Stock Option Unit Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised (in dollars per share)	$ 5.68
Future expense for performance stock option units	$ 183,100
Number of shares
Outstanding at beginning of the period (in shares)	1,374,430
Forfeited or cancelled (in shares)	(2,340)
Outstanding at end of the period (in shares)	1,347,709
Exercisable at the end of the period (in shares)	1,278,265
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share)	$ 14.81
Forfeited or cancelled (in dollars per share)	2.04
Outstanding at the end of the period (in dollars per share)	15.00
Exercisable at the end of the period (in dollars per share)	$ 15.73
Weighted-average remaining contractual term
Weighted average remaining contractual term	4 years 2 months 12 days
Exercisable at the end of the period	4 years
Aggregate intrinsic value
Outstanding at the end of the period	$ 45,125
Exercisable at the end of the period	41,859
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	11,100	$ 8,500
Performance stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 0	$ 300
Number of shares
Outstanding at beginning of the period (in shares)	130,154
Forfeited or cancelled (in shares)	(130,154)
Outstanding at end of the period (in shares)	0
Exercisable at the end of the period (in shares)	0
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share)	$ 21.44
Forfeited or cancelled (in dollars per share)	21.44
Outstanding at the end of the period (in dollars per share)	0
Exercisable at the end of the period (in dollars per share)	$ 0
Weighted-average remaining contractual term
Weighted average remaining contractual term
Aggregate intrinsic value
Outstanding at the end of the period	$ 0
Exercisable at the end of the period	$ 0

STOCK-BASED COMPENSATION: Stock options outstanding and exercisable (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares)	1,347,709
Options outstanding - Weighted-average remaining contractual life	4 years 2 months 12 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 15.00
Options exercisable (in shares)	1,278,265
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 15.73
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)	192,826
Options outstanding - Weighted-average remaining contractual life	5 years 1 month 6 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 1.53
Options exercisable (in shares)	123,382
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 1.57
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)	709,672
Options outstanding - Weighted-average remaining contractual life	3 years 3 months 18 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 14.69
Options exercisable (in shares)	709,672
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 14.69
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)	445,211
Options outstanding - Weighted-average remaining contractual life	5 years 2 months 12 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 21.32
Options exercisable (in shares)	445,211
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 21.32
Stock options
Stock options outstanding and exercisable by exercise price range
Share-based compensation expense	$ 0.7	$ 1.0
Share-based compensation not yet recognized	$ 1.9

STOCK-BASED COMPENSATION: Non vested time vesting restricted stock unit activity (Details) - Restricted stock units - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2019
Restricted Stock Unit Activity - Other disclosures
Share-based compensation expense	$ 11.1	$ 8.5
Future share-based compensation expense expected	$ 137.9
Performance stock
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)	394,188
Granted (in shares)	202,818
Forfeited or cancelled (in shares)	(45,047)
Outstanding at the end of the period (in shares)	551,959		394,188
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)	$ 43.88
Granted (in dollars per share)	60.65
Forfeited or cancelled (in dollars per share)	34.89
Outstanding at the end of the period (in dollars per share)	$ 50.77		$ 43.88
Weighted-average remaining contractual term
Weighted average remaining contractual term (in years)	2 years 11 months 19 days		3 years 2 months 23 days
Restricted Stock Unit Activity - Other disclosures
Aggregate fair value of restricted stock units granted	$ 12.3
Time Based Vesting
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)	3,054,750
Granted (in shares)	926,461
Vested (in shares)	(144,917)
Forfeited or cancelled (in shares)	(142,708)
Outstanding at the end of the period (in shares)	3,693,586		3,054,750
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)	$ 30.91
Granted (in dollars per share)	55.48
Vested (in dollars per share)	23.66
Forfeited or cancelled (in dollars per share)	35.36
Outstanding at the end of the period (in dollars per share)	$ 37.18		$ 30.91
Weighted-average remaining contractual term
Weighted average remaining contractual term (in years)	2 years 7 months 24 days		2 years 5 months 19 days
Restricted Stock Unit Activity - Other disclosures
Aggregate fair value of restricted stock units granted	$ 51.4
Total fair value	$ 7.9
Performance Shares Vesting Total Shareholder Return
Non-vested restricted stock unit activity
Granted (in shares)	60,844
Restricted Stock Unit Activity - Other disclosures
Aggregate fair value of restricted stock units granted	$ 4.4
Performance Shares Vesting Under The Second Plan
Non-vested restricted stock unit activity
Granted (in shares)	141,974
Restricted Stock Unit Activity - Other disclosures
Aggregate fair value of restricted stock units granted	$ 7.9
Vesting in four years
Non-vested restricted stock unit activity
Granted (in shares)	78,172
Restricted Stock Unit Activity - Other disclosures
Vesting period	4 years
Partial cliff vest tranche one
Non-vested restricted stock unit activity
Granted (in shares)	848,289
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	25.00%
Vesting in three years
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	75.00%
Vesting period	3 years
Minimum \| Performance Shares Vesting Total Shareholder Return
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	0.00%
Minimum \| Performance Shares Vesting Under The Second Plan
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	0.00%
Maximum \| Performance Shares Vesting Total Shareholder Return
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	200.00%
Maximum \| Performance Shares Vesting Under The Second Plan
Restricted Stock Unit Activity - Other disclosures
Vesting percentage	200.00%

STOCK-BASED COMPENSATION: Other (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2019	Mar. 31, 2018
Share-based compensation
Non-cash stock-based compensation	$ 15,064	$ 16,811
Payments related to tax withholding for share-based compensation	12,093	10,044
Share-based Activity - Other disclosures
Non-cash stock compensation expense	18,630	17,798
Other accrued expenses	70,929		$ 40,916	$ 40,916
Holdback expenses	38,300
Arbor
Share-based Activity - Other disclosures
Holdback consideration transferred	38,300
Arbor \| Arbor Holdback Agreement
Share-based Activity - Other disclosures
Share-based compensation expense	2,600	$ 3,800
Pacific Data Partners LLC
Share-based compensation
Business Combination, Separately Recognized Transactions, Expenses and Losses Recognized	21,700
Share-based Activity - Other disclosures
Other accrued expenses	$ 19,500

OTHER CURRENT AND NONCURRENT ASSETS: (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019
Other current assets
Prepaid expenses and other	$ 8,108	$ 9,058
Other Receivables	17,625	17,625
Interest Receivable	1,921	2,497
Assets of non-qualified retirement plan	15,263	14,970
Other current assets	42,917	44,150
Other noncurrent assets
Acquired intangible assets, net	22,054	24,217
Operating lease, right-of-use asset	20,930	0
Other miscellaneous noncurrent assets	8,025	8,282
Other assets, net	$ 51,009	$ 32,499

OTHER ACCRUED EXPENSES: (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019	Mar. 31, 2018
Other Accrued Expenses [Abstract].
Liabilities of non-qualified retirement plan	$ 15,263		$ 14,970
Short-term leases liabilities	8,443		0
PDP performance plan liability	19,500		0
Other miscellaneous accrued expenses	27,723		25,946
Other accrued expenses	$ 70,929	$ 40,916	$ 40,916

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	3 Months Ended
PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 5,300	$ 2,700
Accelerated depreciation	1,900
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	68,654		$ 64,852
Less accumulated depreciation and amortization	44,047		38,809
Property and equipment, net of accumulated depreciation and amortization	24,607		26,043
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	22,380		20,097
Data processing equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	37,798		37,678
Office furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 8,476		$ 7,077

GOODWILL AND INTANGIBLE ASSETS: (Details) $ in Thousands	3 Months Ended
GOODWILL AND INTANGIBLE ASSETS: (Details) $ in Thousands	Jun. 30, 2019 USD ($)
Goodwill
Goodwill at the beginning of year	$ 204,656
Reallocation of segments	3,110
Change in foreign currency translation adjustment	12
Goodwill at the end of year	207,778
U.S.
Goodwill
Goodwill at the end of year	204,586
APAC
Goodwill
Goodwill at the end of year	$ 3,192

GOODWILL AND INTANGIBLE ASSETS: - Amounts allocated to intangible assets from acquisitions (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Mar. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Developed technology, gross (Software)	$ 115,300	$ 113,600
Accumulated amortization	(88,131)	(85,008)
Total finite-lived intangible assets, net	27,169	28,592
Developed technology, gross (Software)
Finite-Lived Intangible Assets [Line Items]
Developed technology, gross (Software)	55,500	54,000
Accumulated amortization	(50,385)	(49,625)
Total finite-lived intangible assets, net	5,115	4,375
Trade name
Finite-Lived Intangible Assets [Line Items]
Developed technology, gross (Software)	36,000	35,800
Accumulated amortization	(27,499)	(26,128)
Total finite-lived intangible assets, net	8,501	9,672
Publisher Relationship
Finite-Lived Intangible Assets [Line Items]
Developed technology, gross (Software)	23,800	23,800
Accumulated amortization	(10,247)	(9,255)
Total finite-lived intangible assets, net	$ 13,553	$ 14,545
Minimum
Finite-Lived Intangible Assets [Line Items]
Amortization period	2 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Amortization period	6 years

GOODWILL AND INTANGIBLE ASSETS: - Estimated future amortization expenses (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 3,100	$ 6,100
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2020	9,369
2021	8,650
2022	5,717
2023	3,433
Total finite-lived intangible assets, net	$ 27,169		$ 28,592

Schedule of Software (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 115,300	$ 113,600
Less accumulated amortization	88,131	85,008
Total finite-lived intangible assets, net	27,169	28,592
Developed technology, gross (Software)
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	51,525	51,525
Acquired developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	55,500	54,000
Software Development
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	107,025	105,525
Less accumulated amortization	99,925	98,664
Total finite-lived intangible assets, net	$ 7,100	$ 6,861

SOFTWARE: (Details) - USD ($) $ in Millions	3 Months Ended
SOFTWARE: (Details) - USD ($) $ in Millions	Jun. 30, 2019	Jun. 30, 2018
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 3.1	$ 6.1
Developed technology, gross (Software)
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization expense	1.2	4.1
Developed technology, gross (Software) \| Arbor And Circulate Business Acquisition [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 0.8	$ 3.6

ALLOWANCE FOR DOUBTFUL ACCOUNTS: (Details) - USD ($) $ in Millions	Jun. 30, 2019	Mar. 31, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Allowances for doubtful accounts, returns and credits	$ 3.4	$ 3.0

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Summary of restructuring activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Restructuring Reserve [Roll Forward]
Restructuring charges and adjustments	$ 1,800	$ 0
Restructuring Reserve, at the end of the period	5,500
Continuing operations
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period	10,283
Restructuring charges and adjustments	1,800
Payments	(627)
Restructuring Reserve, at the end of the period	11,456
Continuing operations \| Associate-related reserves
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period	4,595
Restructuring charges and adjustments	1,879
Payments	(471)
Restructuring Reserve, at the end of the period	6,003
Continuing operations \| Lease accruals
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period	5,688
Restructuring charges and adjustments	(79)
Payments	(156)
Restructuring Reserve, at the end of the period	$ 5,453

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	$ 1,800	$ 0
Restructuring reserve	5,500
Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	1,800		$ 7,700	$ 2,700	$ 3,000
Restructuring Activity2015 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						$ 9,300
Employee Severance \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments				200
Employee Severance \| Restructuring Activity 2018
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	1,900		6,100
Restructuring reserve			5,700
Employee Severance \| Restructuring Activity2015 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						2,600
Termination Of Associates \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	(100)		800	$ 2,500	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
Contract Termination \| Restructuring Activity2015 \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						4,700
Leasehold Improvement Write Offs \| Gains Losses And Other Items Net
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			$ 800
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 Australia China And Europe \| Employee Severance \| Restructuring Activity2015
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	$ 300

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Gains, losses and other items (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Restructuring and Related Activities [Abstract]
Restructuring plan charges and adjustments	$ 1,800	$ 0
Other	476	1
Gains, losses and other items, net	$ 2,276	$ 1

FAIR VALUE OF FINANCIAL INSTRUMENTS: (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019
Fair value of assets and liabilities
Other current assets	$ 42,917	$ 44,150
Fair value measurements on recurring basis \| Total
Fair value of assets and liabilities
Other current assets	15,263
Total assets	15,263
Fair value measurements on recurring basis \| Total \| Level 1
Fair value of assets and liabilities
Other current assets	15,263
Total assets	15,263
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

SUBSEQUENT EVENT: Narrative (Details) - Data Plus Math Corporation [Member] - Subsequent Event $ in Millions	Jul. 02, 2019 USD ($)
Subsequent Event [Line Items]
Payments to acquire businesses, gross	$ 117
Noncash or part noncash acquisition, expected non-cash share-based compensation	$ 33