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Goodwill and Intangible Assets (Notes)
 6 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block] Goodwill and Intangible Assets
The following table highlights the Company’s intangible assets (amounts in thousands):
 
 
September 30, 2019
 
March 31, 2019
 
 
Carrying
Amount
 
Accumulated
Amortization
 
Net Amount
 
Carrying
Amount
 
Accumulated
Amortization
 
Net Amount
Indefinite Lived Intangible Assets:
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks
 
$
15,356

 
$
—

 
$
15,356

 
$
15,151

 
$
—

 
$
15,151

In-process research and development (1)
 
3,279

 
—

 
3,279

 
—

 
—

 
—

Total indefinite lived intangibles
 
18,635

 
—

 
18,635

 
15,151

 
—

 
15,151

Amortizing Intangibles:
 
 
 
 
 

 
 
 
 
 
 
Patents and acquired technology (3 - 18 years)
 
27,755

 
(12,847
)
 
14,908

 
26,662

 
(12,046
)
 
14,616

Customer relationships (10 - 21 years)
 
38,073

 
(15,258
)
 
22,815

 
37,850

 
(13,868
)
 
23,982

Other
 
205

 
(205
)
 
—

 
214

 
(214
)
 
—

Total amortizing intangibles
 
66,033

 
(28,310
)
 
37,723

 
64,726

 
(26,128
)
 
38,598

Total intangible assets
 
$
84,668

 
$
(28,310
)
 
$
56,358

 
$
79,877

 
$
(26,128
)
 
$
53,749

_________________
(1) In-process research and development relates to haptic actuator products under development and expected to be commercialized in the future. In-process research and development was capitalized upon the acquisition of Novasentis. Refer to Note 2, “Acquisitions” for more details on the Novasentis acquisition.
For the three months ended September 30, 2019 and 2018, amortization related to intangibles was $1.2 million and $1.1 million, respectively, consisting of amortization related to patents and acquired technology of $0.4 million each period and amortization related to customer relationships of $0.8 million each period. For the six months ended September 30, 2019 and 2018, amortization related to intangibles was $2.3 million, consisting of amortization related to patents and acquired technology of $0.8 million and $0.7 million, respectively, and amortization related to customer relationships of $1.5 million and $1.6 million, respectively.
The weighted-average useful life for patents and acquired technology was 15.3 years and 15.8 years as of September 30, 2019 and March 31, 2019, respectively, and 12.2 years and 12.3 years for customer relationships as of September 30, 2019 and March 31, 2019, respectively. Estimated amortization of intangible assets for each of the next five
fiscal years is $4.9 million, and thereafter, amortization will total $13.4 million. Estimated amortization of patents and acquired technology for each of the next five fiscal years is $1.8 million, and thereafter, amortization will total $6.0 million. Estimated amortization of customer relationships for each of the next five fiscal years is $3.1 million, and thereafter, amortization will total $7.4 million.
There were no changes to the carrying amount of goodwill during the three months ended September 30, 2019. The Company’s goodwill balance was $40.3 million at September 30, 2019 and March 31, 2019.