Goodwill and Intangible Assets

The following table highlights the Company's intangible assets (amounts in thousands):



	March 31, 2014				March 31, 2013
	Carrying Amount		Accumulated Amortization		Carrying Amount		Accumulated Amortization
Indefinite Lived Intangible Assets:
Trademarks	$	7,207	$	—	$	7,207	$	—
Amortizing Intangibles:
Purchased technology, customer relationships and patents (3 - 18 years)	44,428		14,451		43,227		11,788
	$	51,635	$	14,451	$	50,434	$	11,788

For fiscal years ended March 31, 2014, 2013 and 2012 amortization related to intangibles was $2.1 million, $2.3 million and $2.0 million, respectively. The weighted average useful life of amortized intangibles was 16 years in the fiscal years ended March 31, 2014 and 2013. Estimated amortization of intangible assets for the each of the next five fiscal years is $2.1 million and, thereafter, amortization will total $19.4 million.

For fiscal year 2014, the Company completed its impairment test on goodwill and intangible assets with indefinite useful lives as of January 1, 2014 and concluded that goodwill and indefinite-lived assets were not impaired.

In fiscal year 2013, the Company's annual goodwill and other indefinite-lived intangible asset impairment test resulted in a $1.1 million goodwill impairment charge, which represented all of the goodwill related to the KEMET Foil Manufacturing, LLC ("KEMET Foil") reporting unit due to reduced earnings and cash flows caused by macro-economic factors and excess capacity in our industry.

The changes in the carrying amount of goodwill for the years ended March 31, 2014 and 2013 are as follows (amounts in thousands):



	Fiscal Year 2014			Fiscal Year 2013
Gross balance at beginning of fiscal year
Goodwill	$	36,676		$	36,676
Accumulated impairment losses	(1,092		)	—
Net balance at the end of the year	$	35,584		$	36,676

Impairment charges	$	—		$	(1,092	)
Balance at the end of the year
Goodwill	$	36,676		$	36,676
Accumulated impairment losses	(1,092		)	(1,092		)
Balance at the end of the year, net	$	35,584		$	35,584