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Nature of Operations | 12 Months Ended
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Mar. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Nature of Operations | Nature of Operations We are a leading provider of innovative technology solutions for the hospitality and retail markets including property and lodging management, inventory and procurement, point-of-sale (POS), document management, mobile, wireless and other types of guest-engagement software. We also provide support, maintenance, resold hardware products and software hosting services. Our customers include retailers, casinos, resorts, cruise and other hospitality and retail customers, and a significant portion of our consolidated revenue is derived from contract support, maintenance agreements and professional services. Our principal executive offices are located at 425 Walnut Street, Suite 1800, Cincinnati, Ohio, 45202; and our corporate services are located at 1000 Windward Concourse, Suite 250, Alpharetta, Georgia, 30005. We operate extensively throughout North America, with additional sales and support offices in the United Kingdom and Asia. Agilysys has two operating segments: Hospitality Solutions Group (HSG) and Retail Solutions Group (RSG). On May 31, 2013, we entered into a definitive agreement to sell our Retail Services Group business to an affiliate of Clearlake Capital Group, L.P., for total consideration of $34.6 million in cash, subject to customary closing conditions and expect to realize a gain in this transaction. Additionally, we expect to utilize existing net operating losses against our gain. Following completion of the transaction, which we expect to occur in our fiscal second quarter, our business will be focused exclusively on our Hospitality Solutions Group and the growth opportunities in this market. We have reviewed the requirements for held-for-sale and discontinued operations presentation and have determined that the RSG business did not qualify for this presentation at March 31, 2013. On June 10, 2013, we acquired the assets of TimeManagement Corporation, a privately-owned Minneapolis-based provider of enterprise-wide software and service solutions that streamline workforce management environments for hospitality operators. Reference herein to any particular year or quarter refers to periods within the fiscal year ended March 31. For example, fiscal 2013 refers to the fiscal year ended March 31, 2013.

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