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DISCONTINUED OPERATIONS
3 Months Ended
Jun. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS

During the fiscal year ended March 31, 2014, we made the strategic decision to discontinue and exit our software business and therefore executed a plan of sale for Hollywood Software, Inc. d/b/a Cinedigm Software (“Software”), our direct, wholly owned subsidiary, in order to focus on physical and digital distribution of entertainment content and servicing our existing digital cinema business. Furthermore, we believed that Software, which was previously included in our Services segment, no longer complemented our businesses. As a result, Software has been reclassified as discontinued operations for all periods presented. On September 23, 2014, we completed the sale of Software to a third party and recognized a loss on sale of $3.3 million.
Details of income from discontinued operations are as follows:
(In thousands)
 
For the Three Months Ended June 30, 2014
Revenues
 
$
1,049

Costs and Expenses:
 
 
Direct operating
 
175

Selling, general and administrative
 
532

Research and development
 
9

Total operating expenses
 
716

Income from operations
 
333

Other expense, net
 
(85
)
Income before provision for income taxes
 
248

Provision for income taxes
 
99

Income from discontinued operations, net of taxes
 
$
149