GOODWILL AND INTANGIBLE ASSETS, NET

12 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The change in our goodwill balance is as follows:



	Total
Balance at March 31, 2016	$	217,080
Additions and adjustments (see Note 23)	143,952
Currency translation adjustment	(1,917		)
Balance at March 31, 2017	$	359,115
Additions from immaterial acquisition	6,236
Adjustments (see Note 23)	4,245
Currency translation adjustment	$	29,934
Balance at March 31, 2018	$	399,530

Indefinite-lived intangibles

Intangibles, net as of March 31, 2017 includes in-process research and development assets of $14,827 acquired as part of the Social Point acquisition, which are indefinite-lived intangibles and therefore not subject to amortization until the related games are released. During the fiscal year ended March 31, 2018, as a result of our decision not to proceed with further development of a certain game related to in-process research and development ("IPR&D"), we recognized an impairment charge of $11,257 in Depreciation and amortization expense in our Consolidated Statements of Operations. As of March 31, 2018, there are $5,226 of in-process research and development assets included in Intangibles, net.

Definite-lived intangibles

The following table sets forth the intangible assets that are subject to amortization:



	March 31,
	2018							2017
	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
Intellectual property	$	37,431	$	(13,616	)	$	23,815	$	15,931	$	(12,943	)	$	2,988
Developed game technology	67,133		(23,189		)	43,944		54,421		(2,659		)	51,762
Analytics technology	34,499		(8,050		)	26,449		29,959		(999		)	28,960
User base	10,454		(10,454		)	—		9,079		(1,513		)	7,566
Branding and trade names	4,879		(632		)	4,247		4,237		(78		)	4,159
Total definite-lived intangible assets	$	154,396	$	(55,941	)	$	98,455	$	113,627	$	(18,192	)	$	95,435

During the fiscal year ended March 31, 2018, we acquired intellectual property related to Kerbal Space Program, which was treated as a an asset acquisition in accordance with the adoption of ASU 2017-01 (Refer to Note 1), resulting in a $21,500 increase in Intellectual property and a $4,465 increase in Developed game technology.

Amortization of intangible assets is included in our Consolidated Statements of Operations as follows:



	Fiscal Year Ended March 31,
	2018		2017		2016
Cost of goods sold	$	19,719	$	4,252	$	160
Selling and marketing	8,107		1,497		—
Research and development	6,494		989		—
Depreciation and amortization	510		78		—
Total amortization of intangible assets	$	34,830	$	6,816	$	160

Estimated future amortization of intangible assets that will be recorded in cost of goods sold and operating expenses for the years ending March 31, are as follows:



Fiscal Year Ended March 31,	Amortization
2019	$	31,683
2020	28,223
2021	18,445
2022	10,774
2023	4,295

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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