Goodwill and Intangible Assets

12 Months Ended

Mar. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

GOODWILL AND INTANGIBLE ASSETS

The changes in the carrying amount of goodwill for the years ended March 31, 2019 and 2018 were as follows (in thousands):

	Industrial Products		Specialty Chemicals		Total
Balance at April 1, 2017	$	49,300	$	31,563	$	80,863
Greco purchase price adjustment	152		—		152
Currency translation	749		—		749
Balance at March 31, 2018	$	50,201	$	31,563	$	81,764
MSD acquisition	5,189		—		5,189
Currency translation	(658)		—		(658)
Balance at March 31, 2019	$	54,732	$	31,563	$	86,295

The following table provides information about out intangible assets for the years ended March 31, 2019 and 2018 (in thousands, except years):

		March 31, 2019				March 31, 2018
	Wtd Avg Life (Years)	Ending Gross Amount		Accumulated Amortization		Ending Gross Amount		Accumulated Amortization
Finite-lived intangible assets:
Patents	11	$	9,835	$	(6,316)	$	9,489	$	(5,564)
Customer lists and amortized trademarks	12	60,065		(28,622)		58,161		(24,812)
Non-compete agreements	5	1,764		(1,066)		1,713		(762)
Other	8	4,808		(2,010)		5,016		(1,529)
		$	76,472	$	(38,014)	$	74,379	$	(32,667)
Trade names and trademarks not being amortized:		$	12,008	$	—	$	11,342	$	—

Amortization expense for the years ended March 31, 2019, 2018 and 2017 was $6.2 million, $7.1 million and $6.1 million, respectively. The following table presents the estimated future amortization of finite-lived intangible assets for the next five fiscal years ending March 31 (in thousands):

2020	$	6,075
2021	5,171
2022	4,890
2023	4,034
2024	3,728