Intangible Assets

12 Months Ended

Mar. 31, 2017

Intangible Assets [Abstract]

Intangible Assets

Note 12:  Intangible Assets

Intangible assets consisted of the following:

	March 31, 2017							March 31, 2016
	Gross Carrying Value		Accumulated Amortization			Net Intangible Assets		Gross Carrying Value		Accumulated Amortization			Net Intangible Assets
Customer relationships	$	60.5	$	(1.7	)	$	58.8	$	2.0	$	(0.4	)	$	1.6
Trade names		58.4		(7.2	)		51.2		8.9		(6.3	)		2.6
Acquired technology		27.0		(2.9	)		24.1		5.5		(1.5	)		4.0
Total intangible assets	$	145.9	$	(11.8	)	$	134.1	$	16.4	$	(8.2	)	$	8.2

Intangible assets as of March 31, 2017 include intangible assets related to the Company’s acquisition of Luvata HTS.  See Note 2 for additional information.

The Company recorded $4.1 million, $1.6 million, and $1.6 million of amortization expense during fiscal 2017, 2016, and 2015, respectively.  Estimated future amortization expense is as follows:

Fiscal Year	Estimated Amortization Expense
2018	$	9.4
2019		9.2
2020		9.1
2021		8.5
2022		7.4
2023 & Beyond		90.5