Intangible Assets

6 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Software Development Costs

The following table summarizes our intangible assets and software development costs:



	September 30, 2014									March 31, 2014
	Gross						Net			Gross						Net
	carrying			Accumulated			carrying			carrying			Accumulated			carrying
(In thousands)	amount			amortization			amount			amount			amortization			amount
Amortized intangible assets:
Customer relationships	$	10,775		$	(10,530	)	$	245		$	10,775		$	(10,080	)	$	695
Non-competition agreements	2,700			(2,604		)	96			2,700			(2,473		)	227
Developed technology	10,660			(10,216		)	444			10,660			(10,156		)	504
Patented technology	80			(80		)	—			80			(80		)	—
	24,215			(23,430		)	785			24,215			(22,789		)	1,426
Unamortized intangible assets:
Trade names	10,100			N/A			10,100			10,100			N/A			10,100
Accumulated impairment	(900		)	N/A			(900		)	(900		)	N/A			(900		)
	9,200			N/A			9,200			9,200			N/A			9,200
Total intangible assets	$	33,415		$	(23,430	)	$	9,985		$	33,415		$	(22,789	)	$	10,626

Software development costs	$	15,561		$	(820	)	$	14,741		$	14,587		$	(270	)	$	14,317
Project expenditures not yet in use	19,250			—			19,250			12,397			—			12,397
Accumulated impairment	(9,493		)	N/A			(9,493		)	(9,493		)	N/A			(9,493		)
Total software development costs	$	25,318		$	(820	)	$	24,498		$	17,491		$	(270	)	$	17,221

The following table summarizes our remaining estimated amortization expense relating to in service intangible assets and software development costs.



	Estimated
	Amortization
(In thousands)	Expense
Fiscal year ending March 31,
2015	$	1,003
2016	1,335
2017	1,335
2018	1,335
2019	959
2020	65
Total	$	6,032

Amortization expense relating to intangible assets was $0.3 million for the three months ended September 30, 2014, and 2013, and $0.6 million for the six months ended September 30, 2014 and 2013. Amortization expense relating to developed technology software intangible assets was $0.3 million for the three months ended September 30, 2014, and $0.6 million and $0.1 million for the six months ended September 30, 2014 and 2013, respectively. Amortization expense for acquired and internally developed intangibles that are related to products held for sale is included in Products cost of goods sold and amortization expense for acquired and internally developed intangibles that are related to internal use assets is included in operating expenses as amortization of intangibles.

Capitalized software development costs that are internally developed are carried on our balance sheet at net realizable value, net of accumulated amortization. We capitalized approximately $3.9 million and $2.9 million during the three months ended September 30, 2014 and 2013, respectively, and $7.8 million and $5.8 million during the six months ended September 30, 2014 and 2013, respectively.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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