Goodwill and Acquired Intangible Assets

12 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangible Assets

Note 4 — Goodwill and Acquired Intangible Assets

During fiscal year 2019, the increase in the Company’s goodwill related to an insignificant acquisition, partially offset by the effects of foreign currency translation recorded within all three of the Company’s segments. During fiscal year 2018, the increase in the Company’s goodwill reflected the effects of foreign currency translation recorded within all three of the Company’s segments.  

During fiscal year 2019, other acquired intangibles increased slightly due to an insignificant acquisition. Other acquired intangible assets are amortized using the straight-line method over their estimated useful lives of two to ten years. Amortization expense related to other acquired intangible assets was $9.7 million, $12.2 million and $10.8 million for the fiscal years ended March 31, 2019, March 31, 2018 and March 31, 2017, respectively.

The expected amortization expense of amortizable acquired intangible assets may change due to the effects of foreign currency fluctuations as a result of international businesses acquired. Expected amortization expense for acquired intangible assets for each of the following periods is as follows:

	Amortization
	(In thousands)
Expected for fiscal year 2020	$	7,485
Expected for fiscal year 2021		5,101
Expected for fiscal year 2022		3,278
Expected for fiscal year 2023		2,973
Expected for fiscal year 2024		2,458
Thereafter		1,006
	$	22,301

The allocation of the other acquired intangible assets and the related accumulated amortization as of March 31, 2019 and 2018 is as follows:

			As of March 31, 2019							As of March 31, 2018
	Weighted Average Useful Life		Total		Accumulated Amortization			Net Book Value		Total		Accumulated Amortization			Net Book Value
	(In years)		(In thousands)
Technology		6	$	89,972	$	(73,992	)	$	15,980	$	90,652	$	(69,387	)	$	21,265
Contracts and customer relationships		7		103,283		(96,970	)		6,313		103,808		(94,584	)		9,224
Satellite co-location rights		9		8,600		(8,592	)		8		8,600		(7,668	)		932
Trade name		3		5,940		(5,940	)		—		5,940		(5,940	)		—
Other		6		9,989		(9,989	)		—		10,137		(9,696	)		441
Total other acquired intangible assets			$	217,784	$	(195,483	)	$	22,301	$	219,137	$	(187,275	)	$	31,862