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Intangible Assets (Tables)
6 Months Ended
Sep. 30, 2012
Intangible Assets [Abstract]  
Schedule of Finite-Lived Intangible Assets
The following is a summary of the intangible assets attributable to the Company's rotating electrical product line segment subject to amortization at September 30, 2012 and March 31, 2012.
 
 
 
     
September 30, 2012
  
March 31, 2012
 
 
Weighted Average Amortization Period
 
Gross Carrying Value
  
Accumulated Amortization
  
Gross Carrying Value
  
Accumulated Amortization
 
Intangible assets subject to amortization
          
Trademarks
9 years
 $553,000  $299,000  $553,000  $262,000 
Customer relationships
12 years
  6,464,000   2,420,000   6,464,000   2,096,000 
Non-compete agreements
4 years
  257,000   185,000   257,000   160,000 
Total
11 years
 $7,274,000  $2,904,000  $7,274,000  $2,518,000 
 
The following is a summary of the undercar product line segment's intangible assets subject to amortization at September 30, 2012 and March 31, 2012.
 
 
 
     
September 30, 2012
  
March 31, 2012
 
 
Weighted Average Amortization Period
 
Gross Carrying Value
  
Accumulated Amortization
  
Gross Carrying Value
  
Accumulated Amortization
 
Intangible assets subject to amortization
          
Trademarks
20 years
 $11,159,000  $779,000  $11,159,000  $500,000 
Customer relationships
10 years
  7,680,000   1,075,000   7,680,000   691,000 
Non-compete agreements
2 years
  144,000   100,000   144,000   64,000 
Total
16 years
 $18,983,000  $1,954,000  $18,983,000  $1,255,000 
 
Schedule of Amortization Expense for Acquired Intangible Assets
Consolidated amortization expense for acquired intangible assets for the three and six months ended September 30, 2012 and 2011 is as follows:
 
 
 
   
Three Months Ended
  
Six Months Ended
 
   
September 30,
  
September 30,
 
 
 
2012
  
2011
  
2012
  
2011
 
              
Amortization expense
 $542,000  $542,000  $1,085,000  $969,000 
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The consolidated aggregate estimated future amortization expense for intangible assets subject to amortization is as follows:
 
 
 
Year Ending March 31,
 
 
 
2013 - remaining 6 months
 $1,087,000 
2014
  2,070,000 
2015
  1,996,000 
2016
  1,675,000 
2017
  1,592,000 
Thereafter
  12,979,000 
Total
 $21,399,000