XML 21 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
Intangible Assets
3 Months Ended
Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

6. Intangible Assets

Our definite-lived intangible assets, other than capitalized software development costs, are summarized as follows, and reflects the acquisitions of Entrada, EagleDream and Inforth (see Note 4):

 

 

 

June 30, 2018

 

 

 

Customer

 

 

Software

 

 

 

 

 

 

 

Relationships

 

 

Technology

 

 

Total

 

Gross carrying amount

 

$

54,450

 

 

$

94,310

 

 

$

148,760

 

Accumulated amortization

 

 

(36,698

)

 

 

(43,426

)

 

 

(80,124

)

Net intangible assets

 

$

17,752

 

 

$

50,884

 

 

$

68,636

 

 

 

 

March 31, 2018

 

 

 

Customer

 

 

Software

 

 

 

 

 

 

 

Relationships

 

 

Technology

 

 

Total

 

Gross carrying amount

 

$

54,450

 

 

$

94,310

 

 

$

148,760

 

Accumulated amortization

 

 

(35,531

)

 

 

(39,138

)

 

 

(74,669

)

Net intangible assets

 

$

18,919

 

 

$

55,172

 

 

$

74,091

 

 

Amortization expense related to customer relationships and trade name and contracts recorded as operating expenses in the consolidated statements of comprehensive income was $1,168 and $2,047 for the three months ended June 30, 2018 and 2017, respectively. Amortization expense related to software technology recorded as cost of revenue was $4,287 and $3,401 for the three months ended June 30, 2018 and 2017, respectively.

The following table summarizes the remaining estimated amortization of definite-lived intangible assets as of June 30, 2018:

 

 

 

Estimated Remaining Amortization Expense

 

 

 

Operating

Expense

 

 

Cost of

Revenue

 

 

Total

 

For the year ended March 31,

 

 

 

 

 

 

 

 

 

 

 

 

2019 (remaining nine months)

 

$

3,177

 

 

$

12,864

 

 

$

16,041

 

2020

 

 

3,460

 

 

 

17,151

 

 

 

20,611

 

2021

 

 

2,803

 

 

 

13,268

 

 

 

16,071

 

2022

 

 

2,273

 

 

 

5,480

 

 

 

7,753

 

2023

 

 

1,866

 

 

 

1,761

 

 

 

3,627

 

2024 and beyond

 

 

4,173

 

 

 

360

 

 

 

4,533

 

Total

 

$

17,752

 

 

$

50,884

 

 

$

68,636