Other Assets

3 Months Ended

Jun. 30, 2021

Other Assets [Abstract]

Other Assets

Note 10. Other Assets

The components of other assets are as follows:

	June 30, 2021		March 31, 2021
	(in $000's)
Investment in Shockwave Medical	$	56,303	$	38,655
Other investments		55,418		62,995
Operating lease right of use asset (Note 11)		5,698		6,109
Other intangible assets and other assets		5,224		5,323
Total other assets	$	122,643	$	113,082

Investment in Shockwave Medical

The fair value of the Company’s investment in Shockwave Medical, a publicly-traded medical device company, was $56.3 million and $38.7 million as of June 30, 2021 and March 31, 2021, respectively. During the three months ended June 30, 2021 and 2020, the Company recorded gains of $17.6 million and $23.8 million, respectively in other income.

Other Investments  

The carrying value of the Company’s portfolio of other investments and the change in the balance for the three months ended June 30, 2021 are as follows:

	(in $000's)
Balance, March 31, 2021	$	62,995
Additions		3,866
Change in investment upon acquisition (Note 3)		(11,443	)
Balance, June 30, 2021	$	55,418

Other Intangible Assets and Other Assets

The Company’s other intangible assets and other assets is comprised primarily of license manufacturing rights to certain technology from third parties and other long-term assets such as prepaid expenses.