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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets
Intangible assets consisted of the following:
March 31, 2022March 31, 2021
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
Amortizable intangible assets:
Programs and contract assets, channel relationships, and other amortizable intangible assets (1)
$483,294 $101,584 $381,710 $82,400 $50,503 $31,897 
Software119,398 44,626 74,772 114,972 29,941 85,031 
Total amortizable intangible assets$602,692 $146,210 $456,482 $197,372 $80,444 $116,928 
Unamortizable intangible assets:
Trade name$190,200 $— $190,200 $190,200 $— $190,200 
Total$792,892 $146,210 $646,682 $387,572 $80,444 $307,128 
(1)The increase in the carrying amount of programs and contracts, channel relationships, and other amortizable intangible assets was attributable to the Company's acquisitions of Liberty and Tracepoint.
Summary of Expected Amortization Expense for Intangible Assets
The following table summarizes the estimated annual amortization expense for future periods, which does not reflect amortization expense for certain intangible assets that are not yet placed in service:
For the Fiscal Year Ended March 31,
2023$85,776 
202471,149 
202560,811 
202653,552 
202743,585 
Thereafter141,609 
Total estimated amortization expense$456,482