Intangible Assets

9 Months Ended

Dec. 31, 2012

Intangible Assets [Abstract]

Intangible Assets

4. Intangible Assets

Rotating Electrical Product Line

The following is a summary of the intangible assets attributable to the Company's rotating electrical product line segment subject to amortization at December 31, 2012 and March 31, 2012.

		December 31, 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	$	318,000	$	553,000	$	262,000
Customer relationships	12 years		6,464,000		2,582,000		6,464,000		2,096,000
Non-compete agreements	4 years		257,000		198,000		257,000		160,000
Total	11 years	$	7,274,000	$	3,098,000	$	7,274,000	$	2,518,000

Undercar Product Line

The following is a summary of the undercar product line segment's intangible assets subject to amortization at December 31, 2012 and March 31, 2012.

		December 31, 2012				March 31, 2012
	Weighted Average Amortization Period	Gross Carrying Value		Accumulated A mortization		Gross Carrying Value		Accumulated Amortization
Intangible assets subject to amortization
Trademarks	20 years	$	11,159,000	$	918,000	$	11,159,000	$	500,000
Customer relationships	10 years		7,680,000		1,267,000		7,680,000		691,000
Non-compete agreements	2 years		144,000		118,000		144,000		64,000
Total	16 years	$	18,983,000	$	2,303,000	$	18,983,000	$	1,255,000

Consolidated amortization expense for acquired intangible assets for the three and nine months ended December 31, 2012 and 2011 is as follows:

	Three Months Ended				Nine Months Ended
	December 31,				December 31,
	2012		2011		2012		2011
Amortization expense	$	543,000	$	495,000	$	1,628,000	$	1,464,000

The consolidated aggregate estimated future amortization expense for intangible assets subject to amortization is as follows:

Year Ending March 31,
2013 - remaining 3 months	$	544,000
2014		2,070,000
2015		1,996,000
2016		1,675,000
2017		1,592,000
Thereafter		12,979,000
Total	$	20,856,000