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Intangible Assets
 12 Months Ended
Mar. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
In connection with the Poseidon acquisition, the Company recorded $1,950 of intangible assets related to customer relationships and software technology. The Company is amortizing the customer relationships over five years and the software technology over five years.
In connection with the Matrix acquisition, the Company recorded $9,900 of intangible assets related to a trade name, customer relationships and non-compete agreements. The Company is amortizing the trade name over six months, the customer relationships over five years and the non-compete over four years.
The Company’s definite-lived intangible assets, other than capitalized software development costs, are summarized as follows:
 
March 31, 2013
 
Customer
Relationships
 
Trade Name & Contracts
 
Software
Technology
 
Total
Gross carrying amount
$
23,156

 
$
2,018

 
$
20,509

 
$
45,683

Accumulated amortization
(10,028
)
 
(1,112
)
 
(6,993
)
 
(18,133
)
Net intangible assets
$
13,128

 
$
906

 
$
13,516

 
$
27,550


 
March 31, 2012
 
Customer
Relationships
 
Trade Name & Contracts
 
Software
Technology
 
Total
Gross carrying amount
$
13,706

 
$
768

 
$
19,359

 
$
33,833

Accumulated amortization
(5,901
)
 
(606
)
 
(4,067
)
 
(10,574
)
Net intangible assets
$
7,805

 
$
162

 
$
15,292

 
$
23,259




Activity related to the intangible assets for the years ended March 31, 2013 and 2012 is summarized as follows:

 
Customer
Relationships
 
Trade Name & Contracts
 
Software
Technology
 
Total
Balance at March 31, 2011
$
6,327

 
$
208

 
$
10,355

 
$
16,890

Acquisition
3,500

 
130

 
7,240

 
10,870

Amortization (1)
(2,022
)
 
(176
)
 
(2,303
)
 
(4,501
)
Balance at March 31, 2012
7,805

 
162

 
15,292

 
23,259

Acquisition
9,450

 
1,250

 
1,150

 
11,850

Amortization (1)
(4,127
)
 
(506
)
 
(2,926
)
 
(7,559
)
Balance at March 31, 2013
$
13,128

 
$
906

 
$
13,516

 
$
27,550

____________________
(1)
Amortization of the customer relationships and trade name intangible assets is included in operating expenses and amortization of the software technology intangible assets is included in cost of revenue for software and hardware.
The following table represents the remaining estimated amortization of definite-lived intangible assets as of March 31, 2013:
For the year ended March 31,
 
2014
$
7,391

2015
6,335

2016
5,998

2017
5,228

2018 and beyond
2,598

Total
$
27,550