INTANGIBLE ASSETS AND GOODWILL

3 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL

The carrying value of intangible assets consisted of the following:

	June 30, 2022						March 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Technology	$	46,714	$	(22,208)	$	24,506	$	46,727	$	(19,852)	$	26,875
Customer relationships	105,821		(7,865)		97,956		105,827		(4,889)		100,938
Trade names and domains	580		(305)		275		583		(183)		400
Total acquired identifiable intangible assets	$	153,115	$	(30,378)	$	122,737	$	153,137	$	(24,924)	$	128,213

As of June 30, 2022, the weighted average remaining useful life for technology, customer relationships, and trade names and domains was 3.0 years, 8.5 years, and 0.8 years, respectively.

As of June 30, 2022, annual amortization of intangible assets, based upon existing intangible assets and current useful lives, is estimated to be the following:

	Amount
2023	$	15,625
2024	20,395
2025	19,095
2026	13,895
2027 and thereafter	53,727
Total	$	122,737

The following table provides a summary of the changes in the carrying amounts of goodwill:

	Amount
Balance at March 31, 2022	$	266,867
Additions due to acquisitions	—
Foreign currency translation	(1,838)
Balance at June 30, 2022	$	265,029