INTANGIBLE ASSETS - Note 5

12 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS - Note 5

5. INTANGIBLE ASSETS

The carrying value of intangible assets consisted of the following (in thousands):

		March 31, 2015						March 31, 2014
		Gross						Gross
		Carrying		Accumulated		Net Carrying		Carrying		Accumulated		Net Carrying
		Amount		Amortization		Amount		Amount		Amortization		Amount
Technology	$	8,242	$	(2,905)	$	5,337	$	8,242	$	(2,080)	$	6,162
Customer relationships		9,686		(3,720)		5,966		9,686		(1,710)		7,976
Trade names/domains		957		-		957		957		-		957
Total acquired identifiable
intangible assets	$	18,885	$	(6,625)	$	12,260	$	18,885	$	(3,790)	$	15,095

At March 31, 2015, annual amortization of intangible assets, based upon our existing intangible assets and current useful lives, is estimated to be the following (in thousands):

		Amount
2016	$	2,159
2017		2,152
2018		1,904
2019		1,658
2020		1,658
Thereafter		1,772
Total	$	11,303