INTANGIBLE ASSETS - Note 4

6 Months Ended

Sep. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS - Note 4

4. INTANGIBLE ASSETS

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

		September 30, 2015						March 31, 2015
		Gross				Net		Gross				Net
		Carrying		Accumulated		Carrying		Carrying		Accumulated		Carrying
		Amount		Amortization		Amount		Amount		Amortization		Amount
Technology	$	19,596	$	(3,739)	$	15,857	$	8,242	$	(2,905)	$	5,337
Customer relationships		10,297		(4,143)		6,154		9,686		(3,720)		5,966
Trade names/domains		2,472		-		2,472		957		-		957
In-process research and development		600		-		600		-		-		-
Total acquired identifiable
intangible assets	$	32,965	$	(7,882)	$	25,083	$	18,885	$	(6,625)	$	12,260

At September 30, 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
Remaining 2016	$	2,004
2017		4,000
2018		3,728
2019		3,478
2020		3,478
Thereafter		5,323
Total	$	22,011