Annual report pursuant to Section 13 and 15(d)

Basis of Presentation (Tables)

v2.4.1.9
Basis of Presentation (Tables)
 12 Months Ended
Mar. 31, 2015
New Accounting Pronouncements or Change in Accounting Principle [Line Items]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]
Reconciliation to Previously Reported Financial Data

The following table provides the reconciliation from previously reported financial data as adjusted:
 
 
Fiscal Year ended March 31, 2014
 
Fiscal Year ended March 31, 2013
(in thousands)
 
Previously reported
 
Effect of Accounting Principle Change (1)
 
Effect of CSI Purchase Accounting Adjustment (2)
 
Adjusted
 
Previously reported
 
Effect of Accounting Principle Change
 
Adjusted
Revenue
 
$
102,073

 
$
—

 
$
—

 
$
102,073

 
$
38,808

 
$
—

 
$
38,808

Cost of revenue
 
60,115

 
1,359

 
138

 
61,612

 
25,483

 
709

 
26,192

Gross profit
 
$
41,958

 
$
(1,359
)
 
$
(138
)
 
$
40,461

 
$
13,325

 
$
(709
)
 
$
12,616

Gross margin
 
41.1
%
 
 
 
 
 
39.6
%
 
34.3
%
 
 
 
32.5
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sales and marketing
 
$
14,663

 
$
(1,359
)
 
$
—

 
$
13,304

 
$
7,492

 
$
(709
)
 
$
6,783

Intangible Amortization
 
$
4,908

 
$
—

 
$
(19
)
 
$
4,889

 
$
887

 
$
—

 
$
887

Income tax (expense) benefit
 
$
8,782

 
$
—

 
$
(322
)
 
$
8,460

 
$
(29,392
)
 
$
—

 
$
(29,392
)
Net income (loss)
 
$
5,367

 
$
—

 
$
(441
)
 
$
4,926

 
$
(44,038
)
 
$
—

 
$
(44,038
)
(1) See Voluntary Change in Accounting Principle above
(2) Certain amounts have been adjusted to reflect measurement period adjustments related to the CSI acquisition (see Note 2).
Discontinued operations revenue and income before income taxes reported in discontinued operations
Revenue and income before income taxes reported in discontinued operations is as follows:
 
Fiscal Year Ended March 31,
(in thousands)
2015
 
2014
 
2013
Discontinued CPI Revenue
$
—

 
$
—

 
$
—

Discontinued CNS Revenue
—

 
—

 
1,236

Total discontinued operations revenue
$
—

 
$
—

 
$
1,236

 
 
 
 
 
 
CPI income (loss) before income taxes
$
227

 
$
—

 
$
(1,358
)
CNS income (loss) before income taxes
—

 
(45
)
 
(951
)
Total discontinued operations income (loss) before income taxes
$
227

 
$
(45
)
 
$
(2,309
)