Capitalized Software Costs

12 Months Ended

Mar. 31, 2015

The Company’s capitalized software development costs are summarized as follows:



	March 31, 2015			March 31, 2014
Gross carrying amount	$	113,955		$	100,455
Accumulated amortization	(73,558		)	(61,303		)
Net capitalized software costs	$	40,397		$	39,152

Amortization expense related to capitalized software costs was $12,817, $12,338 and $9,668 for the years ended March 31, 2015, 2014 and 2013, respectively.

The following table represents the remaining estimated amortization of capitalized software costs as of March 31, 2015. The estimated amortization is comprised of (i) amortization of released products and (ii) the expected amortization for products that are not yet available for sale based on their estimated economic lives and projected general release dates.



For the year ended March 31,
2016	$	11,200
2017	10,600
2018	5,500
2019	4,800
2020	4,700
2021 and beyond	$	3,597
Total	$	40,397

- Definition

The entire disclosure for research, development, and computer software activities, including contracts and arrangements to be performed for others and with federal government. Includes costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility and in-process research and development acquired in a business combination consummated during the period.

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