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Capitalized Software Costs
6 Months Ended
Sep. 30, 2019
Research And Development [Abstract]  
Capitalized Software Costs

7. Capitalized Software Costs

Our capitalized software costs are summarized as follows:

 

 

 

September 30, 2019

 

 

March 31, 2019

 

Gross carrying amount

 

$

68,879

 

 

$

59,782

 

Accumulated amortization

 

 

(29,803

)

 

 

(21,927

)

Net capitalized software costs

 

$

39,076

 

 

$

37,855

 

 

Amortization expense related to capitalized software costs was $4,555 and $2,635 for the three months ended September 30, 2019 and 2018, respectively, and is recorded as cost of revenue in the condensed consolidated statements of comprehensive income.

Amortization expense related to capitalized software costs was $8,680 and $4,892 for the six months ended September 30, 2019 and 2018, respectively.

The following table presents the remaining estimated amortization of capitalized software costs as of September 30, 2019. 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,

 

 

 

 

2020 (remaining six months)

 

$

11,100

 

2021

 

 

16,900

 

2022

 

 

8,400

 

2023

 

 

2,676

 

Total

 

$

39,076