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Other Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Other Intangible Assets

Other intangible assets consisted of the following at March 31, 2018:

 

Item

 

Life

 

Cost

 

 

Fiscal 2018 Amortization

Expense

 

 

Accumulated

Amortization at

March 31, 2018

 

 

Cost, Net of

Accumulated

Amortization at

March 31, 2018

 

Covenant Not to Compete

 

5 years

 

$

775,000

 

 

$

 

 

$

775,000

 

 

$

 

Customer Relationships

 

18-20 years

 

 

7,922,000

 

 

 

423,000

 

 

 

4,566,000

 

 

 

3,356,000

 

Third Party Administrator  Licenses

 

15 years

 

 

204,000

 

 

 

14,000

 

 

 

145,000

 

 

 

59,000

 

Total

 

 

 

$

8,901,000

 

 

$

437,000

 

 

$

5,486,000

 

 

$

3,415,000

 

Other intangible assets consisted of the following at March 31, 2017:

 

Item

 

Life

 

Cost

 

 

Fiscal 2017 Amortization

Expense

 

 

Accumulated

Amortization at

March 31, 2017

 

 

Cost, Net of

Accumulated

Amortization at

March 31, 2017

 

Covenant Not to Compete

 

5 years

 

$

775,000

 

 

$

 

 

$

775,000

 

 

$

 

Customer Relationships

 

18-20 years

 

 

7,922,000

 

 

 

423,000

 

 

 

4,144,000

 

 

 

3,778,000

 

Third Party Administrator  Licenses

 

15 years

 

 

204,000

 

 

 

14,000

 

 

 

131,000

 

 

 

73,000

 

Total

 

 

 

$

8,901,000

 

 

$

437,000

 

 

$

5,050,000

 

 

$

3,851,000