Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations

v2.4.0.8
Discontinued Operations
 9 Months Ended
Dec. 31, 2013
Discontinued Operations [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
Discontinued Operations

CNS Discontinued Operations
In the first quarter of fiscal year 2014, the Company discontinued the operations of the former Customer Networking Solutions ("CNS") segment. In fiscal year 2012, the Company completed the CNS asset sale, retained a major CNS customer relationship and contract, and completed the remaining contracted product shipments. In fiscal year 2013, the Company continued to provide warranty services under its contractual obligations and to sell ancillary products and software on a project basis to the retained customer.  The Company also retained the Homecloud product development program. By the end of fiscal year 2013, the Homecloud product development and sales were the only remaining activity in the CNS segment other than indemnification obligations that remain with the Company. The Company ceased development and sales of the Homecloud product in the first quarter of fiscal year 2014.

ConferencePlus Discontinued Operations
In fiscal year 2012, ConferencePlus, which was sold on December 31, 2011, was reported as discontinued operations. During the three months ended December 31, 2012, the Company recorded a contingent liability of $1.5 million, pre-tax, relating to claims by Arkadin under the indemnity provisions of the purchase sales agreement.

The following table represents the operating results of the CNS and ConferencePlus discontinued operations:
 
Three months ended December 31,
 
Nine months ended December 31,
(in thousands)
2013
 
2012
 
2013
 
2012
Revenue from discontinued operations
$
—

 
$
55

 
$
—

 
$
1,235

Operating profit (loss) discontinued operations
$
(29
)
 
$
(1,777
)
 
$
(39
)
 
$
(2,065
)