Equity Method Investments and Related-Party Transactions (Tables)

9 Months Ended

Dec. 31, 2017

Text Block [Abstract]

The Difference Between Carrying Value of Investment in Euro Infrastructure Co. and Proportionate Share of Net Assets of Euro Infrastructure Co.

The difference between the Company’s carrying value of its investment in Euro Infrastructure Co. and its proportionate share of the net assets of Euro Infrastructure Co. as of December 31, 2017 and March 31, 2017 is summarized as follows:

	As of December 31, 2017			As of March 31, 2017
	(In thousands)
Carrying value of investment in Euro Infrastructure Co.	$	160,975		$	141,894
Less: proportionate share of net assets of Euro Infrastructure Co.		144,560			127,393
Excess carrying value of investment over proportionate share of net assets	$	16,415		$	14,501
The excess carrying value has been primarily assigned to:
Goodwill	$	23,171		$	20,791
Identifiable intangible assets		13,059			12,379
Tangible assets		(21,504	)		(20,241	)
Deferred income taxes		1,689			1,572
	$	16,415		$	14,501

Schedule of Related Party Transactions

The following tables set forth the material related-party transactions entered into between Euro Infrastructure Co. and its subsidiaries, on the one hand, and the Company and its subsidiaries, on the other hand, in the ordinary course of business for the time periods presented:

	Three Months Ended				Nine Months Ended
	December 31, 2017		December 31, 2016		December 31, 2017		December 31, 2016
	(In thousands)
Revenue	$	1,945	$	*	$	7,574	$	*
Expense		1,725		*		5,313		*
Cash received		2,191		*		6,540		*
Cash paid		1,407		*		5,416		*

	As of December 31, 2017		As of March 31, 2017
	(In thousands)
Accounts receivable	$	1,857	$	*	*
Collections in excess of revenues and deferred revenues		2,580		*	*

* Euro Infrastructure Co. and its subsidiaries were not related parties in the prior year period.

** Amount was insignificant.