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Intangible Assets
12 Months Ended
Mar. 31, 2012
Goodwill and Intangible Assets [Abstract]  
Intangible Assets

7.    Intangible Assets

In connection with the ViaTrack acquisition, the Company recorded $3,240 of intangible assets related to a trade name, customer relationships and software technology. The Company is amortizing the trade name over three years, the customer relationships over five years, and the software technology over five years.

In connection with the CQI acquisition, the Company recorded $5,700 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 seven years.

In connection with the IntraNexus acquisition, the Company recorded $1,930 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 four years.

 

The Company’s intangible assets, other than capitalized software development costs, with determinable lives are summarized as follows:

 

                                 
    March 31, 2012  
    Customer
Relationships
    Trade
Name
    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  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

                                 
    March 31, 2011  
    Customer
Relationships
    Trade
Name
    Software
Technology
    Total  

Gross carrying amount

  $ 10,206     $ 637     $ 12,119     $ 22,962  

Accumulated amortization

    (3,879     (429     (1,764     (6,072
   

 

 

   

 

 

   

 

 

   

 

 

 

Net intangible assets

  $ 6,327     $ 208     $ 10,355     $ 16,890  
   

 

 

   

 

 

   

 

 

   

 

 

 

Activity related to the intangible assets is summarized as follows:

 

                                 
    Customer
Relationships
    Trade
Name
    Software
Technology
    Total  

Balance at March 31, 2010

  $ 7,849     $ 368     $ 11,928     $ 20,145  

Amortization(1)

    (1,522     (160     (1,573     (3,255
   

 

 

   

 

 

   

 

 

   

 

 

 

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  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(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, hardware and supplies.

The following table represents the remaining estimated amortization of intangible assets with determinable lives as of March 31, 2012:

 

         

For the year ended March 31,

       

2013

  $ 5,125  

2014

    4,996  

2015

    3,940  

2016

    3,603  

2017 and beyond

    5,595  
   

 

 

 

Total

  $ 23,259