Goodwill And Other Intangible Assets

6 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill

The roll-forward of our goodwill was as follows (dollars in thousands):



	Six Months Ended September 30, 2014
Beginning balance	$	7,034
Currency translation	(193		)
Ending balance	$	6,841



	Year Ended March 31, 2014
Beginning balance	$	4,998
Acquisition of iTVX	1,888
Currency translation	148
Ending balance	$	7,034

Other Intangible Assets

Other intangible assets and the related accumulated amortization were as follows (dollars in thousands):



	Amortization Period	September 30, 2014			March 31, 2014
Local relationships	6 to 10 years	$	7,710		$	7,941
Accumulated amortization		(3,590		)	(3,251		)
		4,120			4,690
Trade names	2 to 3 years	75			75
Accumulated amortization		(64		)	(58		)
		11			17
Existing technology	4 years	334			334
Accumulated amortization		(141		)	(108		)
		193			226
Patents	20 years	471			419
Accumulated amortization		(39		)	(29		)
		432			390
Order backlog	1 year	2			2
Accumulated amortization		(2		)	(1		)
		—			1
Global relationships	Indefinite	7,400			7,400
Total		$	12,156		$	12,724

Amortization expense and currency translation were as follows (dollars in thousands):



	Six Months Ended September 30,
	2014			2013
Local relationships	$	469		$	416
Trade names	6			2
Existing technology	34			8
Patents	11			8
Order backlog	1			1
Currency translation	(131		)	102
	$	390		$	537

Expected amortization expense is as follows over the next five years and thereafter (dollars in thousands):



Fiscal	Local Relationships		Trade names		Existing Technology		Patents
Remainder of Fiscal 2015	$	485	$	6	$	34	$	12
2016	970		5		67		24
2017	970		—		67		24
2018	853		—		25		24
2019	369		—		—		23
Thereafter	473		—		—		325
	$	4,120	$	11	$	193	$	432

- 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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