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Goodwill and Other Intangible Assets, net (Tables)
3 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Value of Goodwill and Change in Balance The carrying value of goodwill and the change in the balance for the three months ended June 30, 2022 are as follows:

 

 

 

(in thousands)

 

Balance, March 31, 2022

 

$

76,786

 

Foreign currency translation

 

 

(1,931

)

Balance, June 30, 2022

 

$

74,855

 

Other Intangible Assets

Other intangible assets, net consists of the following:

 

 

 

June 30, 2022

 

 

 

Weighted Average Amortization Period
(in years)

 

Cost

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

 

 

 

 

(in thousands)

 

Finite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

13.4

 

$

27,000

 

 

$

(3,000

)

 

$

24,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

In-process research and development

 

 

 

 

14,168

 

 

 

 

 

 

14,168

 

Total

 

 

 

$

41,168

 

 

$

(3,000

)

 

$

38,168

 

 

 

 

March 31, 2022

 

 

 

Weighted Average Amortization Period
(in years)

 

Cost

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

 

 

 

 

(in thousands)

 

Finite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

13.6

 

$

27,000

 

 

$

(2,550

)

 

$

24,450

 

 

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

In-process research and development

 

 

 

 

15,068

 

 

 

 

 

 

15,068

 

Total

 

 

 

$

42,068

 

 

$

(2,550

)

 

$

39,518