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Intangible Assets and Goodwill (Tables)
9 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible assets consist of the following (amounts in thousands):
 
 
December 31, 2014
 
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Developed technology
 
$
563,272

 
$
(185,391
)
 
$
377,881

Customer-related
 
263,969

 
(170,719
)
 
93,250

Trademarks and trade names
 
15,730

 
(8,926
)
 
6,804

Backlog
 
26,302

 
(25,818
)
 
484

In-process technology
 
72,442

 

 
72,442

Distribution rights
 
5,585

 
(5,236
)
 
349

Covenants not to compete
 
400

 
(400
)
 

 
 
$
947,700

 
$
(396,490
)
 
$
551,210


 
 
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
$48,377
2016
146,898
2017
91,833
2018
69,488
2019
62,732
Goodwill Activity
Goodwill activity for the nine months ended December 31, 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
137,178

 

Additions due to acquisition of controlling interest in ISSC
154,399

 

Adjustments due to other acquisitions
625

 

Foreign currency translation adjustments
(3,009
)
 

Balance at December 31, 2014
$
546,090

 
$
19,200