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Intangible Assets
12 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
In connection with the HealthFusion acquisition, we recorded $75,000 of intangible assets related to customer relationships, trade names and software technology (see Note 5 for additional information). We are amortizing the HealthFusion customer relationships over 10 years and trade names and software technology over 5 years. The weighted average amortization period for the total amount of intangible assets acquired is 6.9 years.
Our definite-lived intangible assets, other than capitalized software development costs, are summarized as follows:
 
March 31, 2017
 
Customer Relationships
 
Trade Name and Contracts
 
Software Technology
 
Total
Gross carrying amount
$
50,550

 
$
5,480

 
$
67,810

 
$
123,840

Accumulated amortization
(28,972
)
 
(2,088
)
 
(23,567
)
 
(54,627
)
Net intangible assets
$
21,578

 
$
3,392

 
$
44,243

 
$
69,213

 
March 31, 2016
 
Customer Relationships
 
Trade Name and Contracts
 
Software Technology
 
Total
Gross carrying amount
$
50,550

 
$
7,368

 
$
67,810

 
$
125,728

Accumulated amortization
(19,618
)
 
(2,895
)
 
(11,540
)
 
(34,053
)
Net intangible assets
$
30,932

 
$
4,473

 
$
56,270

 
$
91,675


Amortization expense related to customer relationships and trade name and contracts recorded as operating expenses in the consolidated statements of net income and comprehensive income was $10,435, $5,368, and $3,709 for the years ended March 31, 2017, 2016 and 2015, respectively. Amortization expense related to software technology recorded as cost of revenue was $12,027, $5,646, and $3,418 for the years ended March 31, 2017, 2016, and 2015, respectively.
The following table summarizes the remaining estimated amortization of definite-lived intangible assets as of March 31, 2017:
 
Estimated Remaining Amortization Expense:
 
Operating Expense
 
Cost of Revenue
 
Total
For the year ended March 31,
 
 
 
 
 
2018
7,264

 
11,851

 
19,115

2019
4,852

 
11,851

 
16,703

2020
3,855

 
11,851

 
15,706

2021
3,006

 
7,968

 
10,974

2022
1,868

 
180

 
2,048

2023 and beyond
4,125

 
542

 
4,667

Total
$
24,970

 
$
44,243

 
$
69,213