Intangible Assets

The following table summarizes the gross carrying amount, accumulated amortization and net carrying amount by intangible asset class:



	September 30, 2017						March 31, 2017
	Gross Carrying Amount		Accum. Amort.		Net Carrying Amount		Gross Carrying Amount		Accum. Amort.		Net Carrying Amount
Definite-lived
Non-compete agreements	$	842	$	842	$	—	$	833	$	833	$	—
Customer relationships	122,396		85,083		37,313		122,301		80,678		41,623
Total	$	123,238	$	85,925	$	37,313	$	123,134	$	81,511	$	41,623
Indefinite-lived
Trademarks	34,024		8,253		25,771		35,450		8,253		27,197
Total	$	157,262	$	94,178	$	63,084	$	158,584	$	89,764	$	68,820

The Company’s indefinite-lived intangible assets consist solely of the Company’s trademark portfolio. The Company’s definite-lived intangible assets consist solely of customer relationships.

During the second quarter of Fiscal 2018, the Company lowered its projections of revenue and profitability outlook for the foreseeable future. As a result, the Company conducted an interim assessment of both our definite-lived and indefinite lived intangible assets and determined such assets, with the exception of Trademarks, were recoverable as of July 1, 2017. For Trademarks, the Company recorded an Intangible asset impairment loss of $1,426 to reduce book value to fair value which is recorded in Asset impairment loss within the Company’s Consolidated Statements of Operations. The fair value of Trademarks was determined using an income approach that included level 3 inputs.

The following table summarizes the changes to the net carrying amounts by intangible asset class:



	Trademarks			Customer relationships			Total
March 31, 2017	$	27,197		$	41,623		$	68,820
Intangibles amortization	—			(4,339		)	(4,339		)
Foreign currency translation adjustment	—			29			29
Intangible asset impairment loss	(1,426		)	—			(1,426		)
September 30, 2017	$	25,771		$	37,313		$	63,084

The following table details the estimated intangibles amortization expense for the remainder of Fiscal 2018, each of the succeeding four fiscal years and the periods thereafter.



Fiscal
2018	$	3,253
2019	5,616
2020	5,119
2021	4,658
2022	3,057
Thereafter	15,610
Total	$	37,313