v3.3.1.900

Business Segment Information | 9 Months Ended
--- | ---
Dec. 31, 2015
Segment Reporting [Abstract] |
Business Segment Information | Business Segment Information The Company has three reporting segments: Celebrity Brands, Men’s Active Lifestyle and Corporate and Other. The operating segments are based on each having the following characteristics: the operating segments engage in similar business activities from which they earn revenues and incur expenses; the operating results are regularly reviewed by the chief operating decision maker (the "CODM"), and there is discrete financial information. The Company does not aggregate any of its operating segments. The Celebrity Brands segment includes National Enquirer, Star, Globe, National Examiner, OK! and Soap Opera Digest. The Men’s Active Lifestyle segment includes Men’s Fitness, Muscle & Fitness, Flex and Muscle & Fitness Hers. The Corporate and Other segment includes international licensing, photo syndication to third parties and corporate overhead. Corporate overhead expenses are not allocated to other segments and include production, circulation, executive staff, information technology, accounting, legal, human resources and administration department costs. The Corporate and Other segment also includes print and digital advertising sales and strategic management direction in the following areas: manufacturing, subscription circulation, logistics, event marketing and full back office financial functions. The Company’s accounting policies for the business segments are the same as those described in Note 2, "Summary of Significant Accounting Policies." The following information includes certain intersegment transactions and is, therefore, not necessarily indicative of the results had the operations existed as stand-alone businesses. Intersegment transactions represent intercompany services, which are billed at what management believes are prevailing market rates. These intersegment transactions, which represent transactions between operating units in different business segments, are eliminated in consolidation. Segment information for the three and nine months ended December 31, 2015 and 2014 are as follows (in thousands):
| Three Months Ended December 31, |  | Nine Months Ended December 31,
| 2015 |  | 2014 |  | 2015 |  | 2014
Operating revenues |  |  |  |  |  |  |
Celebrity Brands | $ | 41,943 |  |  | $ | 45,506 |  |  | $ | 125,877 |  |  | $ | 135,116 |
Men's Active Lifestyle | 11,396 |  |  | 12,325 |  |  | 43,093 |  |  | 44,973 |
Corporate and Other | 1,805 |  |  | 2,314 |  |  | 4,214 |  |  | 4,866 |
Total operating revenues | $ | 55,144 |  |  | $ | 60,145 |  |  | $ | 173,184 |  |  | $ | 184,955 |
Operating income (loss) |  |  |  |  |  |  |
Celebrity Brands | $ | 14,846 |  |  | $ | 18,275 |  |  | $ | 43,437 |  |  | $ | 49,026 |
Men's Active Lifestyle (1) | 2,387 |  |  | 2,191 |  |  | 10,911 |  |  | (7,682 | )
Corporate and Other | (11,364 | ) |  | (14,039 | ) |  | (34,458 | ) |  | (51,318 | )
Total operating income (loss) | $ | 5,869 |  |  | $ | 6,427 |  |  | $ | 19,890 |  |  | $ | (9,974 | )
Depreciation and amortization |  |  |  |  |  |  |
Celebrity Brands | $ | 3,292 |  |  | $ | 409 |  |  | $ | 9,861 |  |  | $ | 1,366 |
Men's Active Lifestyle | 964 |  |  | 912 |  |  | 2,891 |  |  | 1,440 |
Corporate and Other | 2,257 |  |  | 2,626 |  |  | 7,106 |  |  | 7,179 |
Total depreciation and amortization | $ | 6,513 |  |  | $ | 3,947 |  |  | $ | 19,858 |  |  | $ | 9,985 |
Impairment of goodwill and intangible assets |  |  |  |  |  |  |
Men's Active Lifestyle | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 17,403 |
Corporate and Other | — |  |  | — |  |  | — |  |  | 1,055 |
Total impairment of goodwill and intangible assets | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 18,458 |
Amortization of deferred rack costs |  |  |  |  |  |  |
Celebrity Brands | $ | 1,129 |  |  | $ | 1,337 |  |  | $ | 3,809 |  |  | $ | 3,923 |
Men's Active Lifestyle | 20 |  |  | 18 |  |  | 43 |  |  | 46 |
Total amortization of deferred rack costs | $ | 1,149 |  |  | $ | 1,355 |  |  | $ | 3,852 |  |  | $ | 3,969 |
(1) Includes impairment charge of $17.4 million to reduce the carrying value of goodwill and tradenames during the nine months ended December 31, 2014. See Note 3, "Goodwill and Other Identified Intangible Assets" for further discussion. Segment information for the assets employed as of December 31, 2015 and March 31, 2015 are as follows (in thousands):
Total Assets | December 31, 2015 |  | March 31, 2015
Celebrity Brands | $ | 315,520 |  |  | $ | 330,850 |
Men's Active Lifestyle | 79,625 |  |  | 86,775 |
Corporate and Other (2) | 28,384 |  |  | 48,400 |
Total assets | $ | 423,529 |  |  | $ | 466,025 |
(2) Amounts are primarily comprised of inventories, prepaid expenses, property and equipment, deferred debt costs and certain other assets. Geographic Data The Company operates principally in two geographic areas, the United States of America and Europe. There were no significant transfers between geographic areas during the three and nine months ended December 31, 2015 and 2014. The following tables present revenue by geographic area for the three and nine months ended December 31, 2015 and 2014 and the assets employed as of December 31, 2015 and March 31, 2015 are as follows (in thousands):
| Three Months Ended December 31, |  | Nine Months Ended December 31,
| 2015 |  | 2014 |  | 2015 |  | 2014
Operating revenues: |  |  |  |  |  |  |
United States of America | $ | 53,876 |  |  | $ | 57,698 |  |  | $ | 168,780 |  |  | $ | 176,715 |
Europe | 1,268 |  |  | 2,447 |  |  | 4,404 |  |  | 8,240 |
Total operating revenues | $ | 55,144 |  |  | $ | 60,145 |  |  | $ | 173,184 |  |  | $ | 184,955 |
| December 31, 2015 |  | March 31, 2015
Assets: |  |  |
United States of America | $ | 416,725 |  |  | $ | 458,197 |
Europe | 6,804 |  |  | 7,828 |
Total assets | $ | 423,529 |  |  | $ | 466,025 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration