GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The following table summarizes the changes in the carrying amount of goodwill for the three months ended June 30, 2020 as follows (in thousands):

Balance at March 31, 2020	$	1,725,680
Foreign currency translation impact	(4,031)
Balance at June 30, 2020	$	1,721,649

Schedule of Intangible Assets

Intangible assets include the indefinite-lived trade name with a carrying value of $18.6 million and the following amortizable intangible assets at June 30, 2020 (in thousands):

	Cost		Accumulated Amortization		Net
Developed technology	$	250,858	$	(197,510)	$	53,348
Customer relationships	771,578		(290,570)		481,008
Distributor relationships and technology licenses	11,095		(6,640)		4,455
Definite-lived trademark and trade name	39,243		(27,610)		11,633
Core technology	7,192		(7,103)		89
Net beneficial leases	336		(336)		—
Non-compete agreements	292		(292)		—
Leasehold interest	500		(500)		—
Backlog	16,354		(16,354)		—
Capitalized software	3,317		(3,233)		84
Other	1,208		(948)		260
	$	1,101,973	$	(551,096)	$	550,877

Intangible assets include the indefinite-lived trade name with a carrying value of $18.6 million and the following amortizable intangible assets at March 31, 2020 (in thousands):

	Cost		Accumulated Amortization		Net
Developed technology	$	249,675	$	(191,876)	$	57,799
Customer relationships	767,366		(275,361)		492,005
Distributor relationships and technology licenses	6,785		(6,321)		464
Definite-lived trademark and trade name	39,059		(26,246)		12,813
Core technology	7,192		(7,074)		118
Net beneficial leases	336		(336)		—
Non-compete agreements	292		(292)		—
Leasehold interest	500		(500)		—
Backlog	16,223		(16,223)		—
Capitalized software	3,317		(3,202)		115
Other	1,208		(943)		265
	$	1,091,953	$	(528,374)	$	563,579

Finite-lived Intangible Assets Amortization Expense

The following table provides a summary of amortization expense for the three months ended June 30, 2020 and 2019, respectively (in thousands):

	Three Months Ended
	June 30,
	2020		2019
Amortization of intangible assets included as:
Cost of product revenue	$	5,013	$	6,802
Operating expense	15,266		16,148
	$	20,279	$	22,950

Schedule of Expected Future Amortization Expense

The following is the expected future amortization expense at June 30, 2020 for the fiscal years ending March 31 (in thousands):

2021 (remaining nine months)	$	60,916
2022	71,095
2023	63,384
2024	55,205
2025	48,176
Thereafter	252,101
	$	550,877