XML 120 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Value of Goodwill
The following are the changes in the carrying value of goodwill for the fiscal years ended 31 March 2020 and 2019:
(Millions of US dollars)
Europe Building Products
 
Asia Pacific Fiber Cement
 
Other
Businesses
 
Total
Balance - 31 March 2018
$
—

 
$
0.3

 
$
4.6

 
$
4.9

Acquired
220.0

 
—

 
—

 
220.0

Impairment
—

 
—

 
(4.6
)
 
(4.6
)
Foreign exchange impact
(19.2
)
 
—

 
—

 
(19.2
)
Balance - 31 March 2019
$
200.8

 
$
0.3

 
$
—

 
$
201.1

Impairment
—

 
(0.2
)
 
—

 
(0.2
)
Foreign exchange impact
(3.9
)
 
(0.1
)
 
—

 
(4.0
)
Balance - 31 March 2020
$
196.9

 
$
—

 
$
—

 
$
196.9
Schedule of Finite-Lived Intangible Assets
The following are the net carrying amount of amortizable intangible assets for the fiscal years ended 31 March 2020 and 2019:
 
Year Ended 31 March 2020
(Millions of US dollars)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Customer Relationships
$
51.4

 
$
(6.4
)
 
$
45.0

Other1
11.6

 
(10.8
)
 
0.8

Total
$
63.0

 
$
(17.2
)
 
$
45.8

1 Includes impairment charges of US$1.4 million for the fiscal year ended 31 March 2020
 
Year Ended 31 March 2019
(Millions of US dollars)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Customer Relationships
$
52.0

 
$
(4.3
)
 
$
47.7

Other1
11.8

 
(8.6
)
 
3.2

Total
$
63.8

 
$
(12.9
)
 
$
50.9

1 Includes impairment charges of US$2.6 million for the fiscal year ended 31 March 2019
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
At 31 March 2020, the estimated future amortization of intangible assets is as follows:
Years ended 31 March (Millions of US dollars):
 
2021
$
2.6

2022
3.3

2023
4.1

2024
4.4

2025
4.5