SEC Info - LiveRamp Holdings, Inc. - ‘10-K’ for 3/31/16

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.26M 
 2: EX-21       Exhibit 21 Subsidiaries                             HTML     46K 
 3: EX-23       Consent of Experts or Counsel                       HTML     30K 
 4: EX-24       Power of Attorney                                   HTML     35K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     37K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     36K 
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15: R1          Document and Entity Information                     HTML     55K 
16: R2          Consolidated Balance Sheets                         HTML    127K 
17: R3          Consolidated Balance Sheets (Parenthetical)         HTML     42K 
18: R4          Consolidated Statements of Operations               HTML    109K 
19: R5          Consolidated Statements of Comprehensive Income     HTML     52K 
                (Loss)                                                           
20: R6          Consolidated Statement of Equity                    HTML    110K 
21: R7          Consolidated Statements of Cash Flows               HTML    149K 
22: R8          Summary of Significant Accounting Policies          HTML    263K 
23: R9          Restructuring, Impairment and Other Charges         HTML     89K 
24: R10         Acquisitions                                        HTML    159K 
25: R11         Discontinued Operations                             HTML    170K 
26: R12         Other Current and Noncurrent Assets                 HTML     62K 
27: R13         Goodwill                                            HTML    101K 
28: R14         Software Costs                                      HTML     34K 
29: R15         Property and Equipment                              HTML     50K 
30: R16         Long-Term Debt                                      HTML     68K 
31: R17         Allowance for Doubtful Accounts                     HTML     68K 
32: R18         Commitments and Contingencies                       HTML     38K 
33: R19         Stockholders' Equity                                HTML    204K 
34: R20         Income Taxes                                        HTML    188K 
35: R21         Retirement Plans                                    HTML     35K 
36: R22         Foreign Operations                                  HTML     80K 
37: R23         Fair Value of Financial Instruments                 HTML    112K 
38: R24         Segment Information                                 HTML    153K 
39: R25         Unaudited Selected Quarterly Financial Data         HTML    102K 
40: R26         Summary of Significant Accounting Policies          HTML    355K 
                (Policies)                                                       
41: R27         Summary of Significant Accounting Policies          HTML    170K 
                (Tables)                                                         
42: R28         Restructuring, Impairment and Other Charges         HTML     84K 
                (Tables)                                                         
43: R29         Acquisitions (Tables)                               HTML    156K 
44: R30         Discontinued Operations (Tables)                    HTML    163K 
45: R31         Other Current and Noncurrent Assets (Tables)        HTML     64K 
46: R32         Goodwill (Tables)                                   HTML    109K 
47: R33         Property and Equipment (Tables)                     HTML     47K 
48: R34         Long-Term Debt (Tables)                             HTML     62K 
49: R35         Allowance for Doubtful Accounts (Tables)            HTML     69K 
50: R36         Stockholders' Equity (Tables)                       HTML    183K 
51: R37         Income Taxes (Tables)                               HTML    192K 
52: R38         Foreign Operations (Tables)                         HTML     80K 
53: R39         Financial Instruments (Tables)                      HTML    105K 
54: R40         Segment Information (Tables)                        HTML    143K 
55: R41         Unaudited Selected Quarterly Financial Data         HTML     99K 
                (Tables)                                                         
56: R42         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: -       HTML     31K 
                Description of Business (Details)                                
57: R43         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: -       HTML     58K 
                Reclassifications (Details)                                      
58: R44         Summary of Significant Accounting Policies          HTML    118K 
                (Details)                                                        
59: R45         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: -       HTML    107K 
                Earnings (Loss) per Share (Details)                              
60: R46         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: -       HTML     38K 
                Share-based Compensation (Details)                               
61: R47         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: -       HTML     48K 
                Adoption of New Accounting standards (Details)                   
62: R48         Restructuring, Impairment and Other Charges         HTML     76K 
                (Details)                                                        
63: R49         RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: -      HTML     44K 
                Gains, Losses and Other Items (Details)                          
64: R50         ACQUISITIONS: - Allant (Details)                    HTML     55K 
65: R51         ACQUISITIONS: - Fair Value of the Consideration     HTML     54K 
                Transferred for LiveRamp (Details)                               
66: R52         ACQUISITIONS: - Summary of the estimated fair       HTML     95K 
                values of assets acquired and liabilities assumed                
                for LiveRamp (Details)                                           
67: R53         ACQUISITIONS: - Actual and Unaudited Pro Forma      HTML     52K 
                Results (Details)                                                
68: R54         ACQUISITIONS: - Other Intangible Assets (Details)   HTML     54K 
69: R55         DISCONTINUED OPERATIONS: - Sale of ITO Business     HTML     61K 
                (Details)                                                        
70: R56         DISCONTINUED OPERATIONS: - Summary Results of       HTML    159K 
                Operations and Carrying Amounts of Major Classes                 
                of Assets and Liabilities of ITO (Details)                       
71: R57         DISCONTINUED OPERATIONS: - ITO Support Services     HTML     40K 
                (Details)                                                        
72: R58         DISCONTINUED OPERATIONS: - U.K. Call Center         HTML     83K 
                Operation (Details)                                              
73: R59         Other Current and Noncurrent Assets (Details)       HTML     52K 
74: R60         Goodwill (Details)                                  HTML     80K 
75: R61         Software Costs (Details)                            HTML     41K 
76: R62         Property and Equipment (Details)                    HTML     48K 
77: R63         Long-Term Debt (Details)                            HTML    112K 
78: R64         LONG-TERM DEBT: - Long-term Debt Future             HTML     44K 
                Obligations (Details)                                            
79: R65         Allowance for Doubtful Accounts (Details)           HTML     40K 
80: R66         Commitments and Contingencies (Details)             HTML     50K 
81: R67         COMMITMENTS AND CONTINGENCIES: - Guarantee          HTML     31K 
                (Details)                                                        
82: R68         Stockholders' Equity (Details)                      HTML     57K 
83: R69         STOCKHOLDERS' EQUITY: - Option Activity (Details)   HTML    158K 
84: R70         STOCKHOLDERS' EQUITY: - Summary of Options          HTML     83K 
                (Details)                                                        
85: R71         STOCKHOLDERS' EQUITY: - SAR Actvity (Details)       HTML     67K 
86: R72         STOCKHOLDERS' EQUITY: - RSU Activity (Details)      HTML     86K 
87: R73         STOCKHOLDERS' EQUITY: - Performance Based           HTML     90K 
                (Details)                                                        
88: R74         STOCKHOLDERS' EQUITY: - Other Performance           HTML     83K 
                (Details)                                                        
89: R75         Stockholders' Equity: - Espp (Details)              HTML     39K 
90: R76         Stockholders' Equity: - Aoci (Details)              HTML     40K 
91: R77         INCOME TAXES: - Expense (Benefit) Allocation and    HTML     85K 
                Components and Loss Before Income Tax (Details)                  
92: R78         INCOME TAXES: - Reconciliation of Income Tax        HTML     65K 
                Benefit from Continuing Operations and Valuation                 
                Allowance Change (Details)                                       
93: R79         INCOME TAXES: - Deferred (Details)                  HTML     70K 
94: R80         INCOME TAXES: - Carryforwards (Details)             HTML     56K 
95: R81         INCOME TAXES: - Unrecognized Tax Benefit (Details)  HTML     53K 
96: R82         RETIREMENT PLANS: - Qualified 401(k) and SNQDC      HTML     43K 
                Plans (Details)                                                  
97: R83         RETIREMENT PLANS: - Defined Benefit Pension Plan    HTML     43K 
                (Details)                                                        
98: R84         Foreign Operations (Details)                        HTML     54K 
99: R85         Fair Value of Financial Instruments (Details)       HTML     46K 
100: R86         Segment Information (Details)                       HTML    100K  
101: R87         Unaudited Selected Quarterly Financial Data         HTML     73K  
                (Details)                                                        
103: XML         IDEA XML File -- Filing Summary                      XML    186K  
102: EXCEL       IDEA Workbook of Financial Reports                  XLSX    130K  
 9: EX-101.INS  XBRL Instance -- acxm-20160331                       XML   4.62M 
11: EX-101.CAL  XBRL Calculations -- acxm-20160331_cal               XML    334K 
12: EX-101.DEF  XBRL Definitions -- acxm-20160331_def                XML   1.15M 
13: EX-101.LAB  XBRL Labels -- acxm-20160331_lab                     XML   2.29M 
14: EX-101.PRE  XBRL Presentations -- acxm-20160331_pre              XML   1.76M 
10: EX-101.SCH  XBRL Schema -- acxm-20160331                         XSD    239K 
104: ZIP         XBRL Zipped Folder -- 0000733269-16-000060-xbrl      Zip    316K

‘R24’ — Segment Information

This is an IDEA Financial Report. [ Alternative Formats ]

SEGMENT INFORMATION:

12 Months Ended

Mar. 31, 2016

SEGMENT INFORMATION:

SEGMENT INFORMATION:

17.SEGMENT INFORMATION:

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

During the first quarter of fiscal 2016, the Company realigned its organizational structure to better reflect its business strategy. On May 20, 2015, the Company entered into a definitive agreement to sell its ITO business to Charlesbank Capital Partners and M/C Partners to more sharply focus on growing our Marketing & Data Services businesses. The sale was completed on July 31, 2015. As a result of this transaction and the organizational realignment, information that our chief operating decision maker regularly reviews for purposes of allocating resources and assessing performance changed. Thus, beginning in fiscal year 2016, the Company began reporting its financial performance based on the following new segments: Marketing Services and Audience Solutions, and Connectivity. During the third quarter of fiscal 2016, the operational and financial activities to separate Marketing Services and Audience Solutions were completed and as a result are now reported as separate operating segments. Prior period amounts have been adjusted to conform to the way the Company internally managed and monitored segment performance during the current fiscal year.

Revenue and cost of revenue are generally directly attributed to the segments. Certain revenue contracts are allocated among the segments based on the relative value of the underlying products and services. Cost of revenue, excluding non-cash stock compensation expense and purchased intangible asset amortization, is directly charged in most cases and allocated in certain cases based upon proportional usage.

Operating expenses, excluding non-cash stock compensation expense and purchased intangible asset amortization, are attributed to the segment groups as follows:

Research and development expenses are primarily directly recorded to each segment group based on identified products supported.

Sales and marketing expenses are primarily directly recorded to each segment group based on products supported and sold.

General and administrative expenses are generally not allocated to the segments unless directly attributable.

Gains, losses and other items, net are not allocated to the segment groups.

We do not track our assets by operating segments. Consequently, it is not practical to show assets by operating segment.

The following table presents information by business segment (dollars in thousands). The prior-year segment information has been restated to conform to the new segment presentation:

	2016			2015			2014
Revenues:
Marketing Services	$	449,772		$	446,103		$	465,572
Audience Solutions	297,846			303,836			325,932
Connectivity	102,470			54,972			13,649

Total segment revenues	$	850,088		$	804,911		$	805,153


Gross profit(1):
Marketing Services	$	152,258		$	156,395		$	150,533
Audience Solutions	167,715			158,386			162,369
Connectivity	61,199			13,322			(11,688		)

Total segment gross profit	$	381,172		$	328,103		$	301,214


Income (loss) from operations(1):
Marketing Services	$	74,371		$	81,247		$	83,771
Audience Solutions	109,598			115,078			119,950
Connectivity	(3,298		)	(40,069		)	(46,767		)

Total segment income from operations	$	180,671		$	156,256		$	156,954


Depreciation and amortization:
Marketing Services	$	9,988		$	12,280		$	7,763
Audience Solutions	12,909			12,652			14,991
Connectivity	19,932			16,469			3,061
Corporate	42,634			39,046			31,085

Total depreciation and amortization	$	85,463		$	80,447		$	56,900

(1) Gross profit and Income (loss) from operations reflect only the direct and allocable controllable costs of each segment and do not include allocations of corporate expenses (primarily general and administrative expenses) and gains, losses, and other items, net. Additionally, Gross profit and Income (loss) from operations do not reflect non-cash stock compensation expense and purchased intangible asset amortization.

The following table reconciles total operating segment gross profit to gross profit and total operating segment income from operations to loss from operations:

	2016			2015			2014

Total segment gross profit	$	381,172		$	328,103		$	301,214
Less:
Purchased intangible asset amortization	15,466			11,454			—
Non-cash stock compensation	2,150			1,459			1,578
Corporate expenses	1,850			4,316			—

Gross profit	$	361,706		$	310,874		$	299,636


Total segment income from operations	$	180,671		$	156,256		$	156,954
Less:
Corporate expenses	127,844			126,570			99,818
Gains, losses and other items, net	12,132			22,600			17,168
Impairment of goodwill and other	6,829			—			24,953
Purchased intangible asset amortization	15,466			11,454			252
Non-cash stock compensation	31,463			28,316			13,206

Income (loss) from operations	$	(13,063	)	$	(32,684	)	$	1,557

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References + Details

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	5/27/16	4
For Period end:	3/31/16	5, 5/A
	7/31/15	8-K
	5/20/15	4, 8-K
		List all Filings

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Filing Submission 0000733269-16-000060 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

LiveRamp Holdings, Inc. – ‘10-K’ for 3/31/16 – ‘R24’

On: Friday, 5/27/16, at 12:57pm ET · For: 3/31/16 · Accession #: 733269-16-60 · File #: 0-13163

Previous ‘10-K’: ‘10-K’ on 5/27/15 for 3/31/15 · Next: ‘10-K’ on 5/26/17 for 3/31/17 · Latest: ‘10-K’ on 5/24/23 for 3/31/23

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

‘R24’ — Segment Information

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

LiveRamp Holdings, Inc. – ‘10-K’ for 3/31/16 – ‘R24’

On: Friday, 5/27/16, at 12:57pm ET · For: 3/31/16 · Accession #: 733269-16-60 · File #: 0-13163

Previous ‘10-K’: ‘10-K’ on 5/27/15 for 3/31/15 · Next: ‘10-K’ on 5/26/17 for 3/31/17 · Latest: ‘10-K’ on 5/24/23 for 3/31/23

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘R24’ — Segment Information

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents