Goodwill and In-Process Research and Development (Tables)

12 Months Ended

Mar. 31, 2015

Goodwill Activity

The goodwill activity is as follows:

	March 31, 2015
	(in $000’s)
Balance at March 31, 2013	$	35,410
Foreign currency translation impact		2,580
Balance at March 31, 2014	$	37,990
Additions		1,964
Foreign currency translation impact		(8,420	)
Balance at March 31, 2015	$	31,534

Carrying value of In-Process Research and Development

The carrying value of the Company’s IPR&D assets and the change in the balance for the year ended March 31, 2015 is as follows:

	March 31, 2015
	(in $000’s)
Beginning balance	$	—
Additions		18,500
Foreign currency translation impact		(3,789	)
Ending balance	$	14,711