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Goodwill and Intangible Assets, Net
 12 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
Changes in the carrying amount of goodwill on a consolidated basis for fiscal 2024 consists of the following (in thousands):
March 31, 2024
Balance, beginning of year$1,281,812 
Goodwill from acquisitions52,613 
Foreign currency impact1,069 
Balance, end of year$1,335,494 
Intangible assets, net, excluding goodwill, consists of the following (in thousands):
Weighted
Average Useful
Life
(in months)
March 31,
20242023
Capitalized software103$218,529 $191,863 
Customer relationships120351,756 351,555 
Trademarks and tradenames12055,003 55,003 
Total intangible assets625,288 598,421 
Less: accumulated amortization(574,293)(534,822)
Total intangible assets, net$50,995 $63,599 
Amortization of intangible assets totaled $39.4 million, $42.1 million, and $46.2 million for the years ended March 31, 2024, 2023, and 2022, respectively.
As of March 31, 2024, the estimated future amortization expense of the Company’s intangible assets is as follows (in thousands):
Fiscal Year Ended March 31,
20252026202720282029Thereafter
Capitalized software$15,245 $4,622 $4,622 $4,622 $3,761 $4,437 
Customer relationships10,523 50 50 46 — — 
Trademarks and tradenames3,017 — — — — — 
Total amortization$28,785 $4,672 $4,672 $4,668 $3,761 $4,437