SOFTWARE DEVELOPMENT COSTS AND LICENSES

Details of our capitalized software development costs and licenses are as follows:



	December 31, 2017				March 31, 2017
	Current		Non-current		Current		Non-current
Software development costs, internally developed	$	30,420	$	477,883	$	28,959	$	310,229
Software development costs, externally developed	6,611		108,858		5,455		71,407
Licenses	2,338		125		7,307		274
Software development costs and licenses	$	39,369	$	586,866	$	41,721	$	381,910

During the three months ended December 31, 2017 and 2016, we recorded $0 and $7,731, respectively, and during the nine months ended December 31, 2017 and 2016, we recorded $960 and $19,325, respectively, of software development impairment charges (a component of cost of goods sold).

Liability Awards

In September 2017, we reclassified 5,550,000 time and performance based restricted stock units as equity awards. These awards were granted in prior periods and historically accounted for as liability awards as they previously could be settled only in cash and based on a contractually stipulated cash settlement value. However, in September 2017, at our Annual Meeting of Stockholders, we received stockholder approval to increase the number of shares of Common Stock for which awards may be granted and therefore now have the ability and intent to settle these awards in stock. As a result, we reclassified $74,707 from Other long-term liabilities to Additional paid-in capital within Stockholders' equity. Additionally, we recognized incremental cost of $112,789 to reflect the difference between the share price at the time of the modification and the contractually stipulated cash settlement value. Of these incremental costs, $84,176 was capitalized within Software development costs and licenses, net of current portion; $23,251 was recorded within Software development costs and royalties (a component of cost of goods sold); and $5,361 was recorded within Research and development costs.