XML 45 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Intangible Assets and Goodwill (Tables)
6 Months Ended
Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible assets consist of the following (amounts in thousands):
 
 
September 30, 2014
 
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Developed technology
 
$
559,828

 
$
(161,145
)
 
$
398,683

Customer-related
 
263,805

 
(147,489
)
 
116,316

Trademarks and trade names
 
15,730

 
(8,323
)
 
7,407

Backlog
 
26,302

 
(25,331
)
 
971

In-process technology
 
75,280

 

 
75,280

Distribution rights
 
5,585

 
(5,217
)
 
368

Covenants not to compete
 
400

 
(400
)
 

 
 
$
946,930

 
$
(347,905
)
 
$
599,025


 
 
March 31, 2014
 
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Developed technology
 
$
402,669

 
$
(117,222
)
 
$
285,447

Customer-related
 
195,800

 
(109,170
)
 
86,630

Trademarks and trade names
 
15,730

 
(7,118
)
 
8,612

Backlog
 
24,610

 
(24,610
)
 

In-process technology
 
64,396

 

 
64,396

Distribution rights
 
5,585

 
(5,171
)
 
414

Covenants not to compete
 
400

 
(400
)
 

 
 
$
709,190

 
$
(263,691
)
 
$
445,499

Projected Amortization Expense
The following is an expected amortization schedule for the intangible assets for the remainder of fiscal 2015 through fiscal 2019, absent any future acquisitions or impairment charges (amounts in thousands):

Year ending
March 31,
Projected Amortization
Expense
2015
$99,063
2016
150,298
2017
92,227
2018
73,926
2019
65,650
Goodwill Activity
Goodwill activity for the six months ended September 30, 2014 was as follows (amounts in thousands):
 
Semiconductor Products
Reporting Unit
 
Technology
Licensing
Reporting Unit
Balance at March 31, 2014
$
256,897

 
$
19,200

Additions due to the acquisition of Supertex
132,508

 

Additions due to acquisition of controlling interest in ISSC
152,243

 

Adjustments due to other acquisitions
625

 

Foreign currency translation adjustments
(3,508
)
 

Balance at September 30, 2014
$
538,765

 
$
19,200