Intangible Assets

In connection with the Mirth acquisition, the Company recorded $26,350 of intangible assets related to trade name, customer relationships and software technology. The Company is amortizing the trade name and customer relationships over five years and the software technology over seven years. The weighted average amortization period for the total amount of intangible assets acquired is 6.7 years.

Approximately 75% of the acquired intangible assets are expected to be deductible for income tax purposes over the periods prescribed by the IRC.

The Company’s definite-lived intangible assets, other than capitalized software development costs, are summarized as follows:



	September 30, 2013
	Customer Relationships			Trade Name & Contracts			Software Technology			Total
Gross carrying amount	$	25,956		$	3,368		$	42,709		$	72,033
Accumulated amortization	(12,177		)	(1,295		)	(8,723		)	(22,195		)
Net intangible assets	$	13,779		$	2,073		$	33,986		$	49,838



	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

Activity related to the intangible assets for the six months ended September 30, 2013 and 2012 is summarized as follows:



	Customer Relationships			Trade Name & Contracts			Software Technology			Total
Balance as of April 1, 2013	$	13,128		$	906		$	13,516		$	27,550
Acquisition	2,800			1,350			22,200			26,350
Amortization (1)	(2,149		)	(183		)	(1,730		)	(4,062		)
Balance as of September 30, 2013	$	13,779		$	2,073		$	33,986		$	49,838



	Customer Relationships			Trade Name & Contracts			Software Technology			Total
Balance as of April 1, 2012	$	7,805		$	162		$	15,292		$	23,259
Acquisition	9,450			1,250			1,150			11,850
Amortization (1)	(2,020		)	(330		)	(1,460		)	(3,810		)
Balance as of September 30, 2012	$	15,235		$	1,082		$	14,982		$	31,299

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(1) Amortization of the customer relationships and the trade name & contracts 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 September 30, 2013:



For the year ended March 31,
2014 (remaining six months)	$	5,668
2015	10,337
2016	10,000
2017	9,230
2018 and beyond	14,603
Total	$	49,838