Goodwill and intangible assets

6 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Information regarding the Company’s goodwill and intangible assets as of September 30, 2021 is as follows (in thousands):


	Estimated useful life	Gross carrying amount		Accumulated amortization		Net carrying amount
Customer relationships – retailers	10 years	$	77,600	$	(54,140)	$	23,460
Customer relationships – e-commerce	3 years	3,940		(3,921)		19
Trademarks	10 years	3,500		(554)		2,946
Total finite-lived intangibles		85,040		(58,615)		26,425
Trademarks	Indefinite	63,800		—		63,800
Goodwill		171,620		—		171,620
Total goodwill and other intangibles		$	320,460	$	(58,615)	$	261,845

Information regarding the Company’s goodwill and intangible assets as of March 31, 2021 is as follows (in thousands):


	Estimated useful life	Gross carrying amount		Accumulated amortization		Net carrying amount
Customer relationships – retailers	10 years	$	77,600	$	(50,260)	$	27,340
Customer relationships – e-commerce	3 years	3,940		(3,915)		25
Trademarks	10 years	3,500		(379)		3,121
Total finite-lived intangibles		85,040		(54,554)		30,486
Trademarks	Indefinite	63,800		—		63,800
Goodwill		171,620		—		171,620
Total goodwill and other intangibles		$	320,460	$	(54,554)	$	265,906

Information regarding the Company’s goodwill and intangible assets as of September 30, 2020 is as follows (in thousands):


	Estimated useful life	Gross carrying amount		Accumulated amortization		Net carrying amount
Customer relationships – retailers	10 years	$	77,600	$	(46,380)	$	31,220
Customer relationships – e-commerce	3 years	3,940		(3,908)		32
Trademarks	10 years	3,500		(204)		3,296
Total finite-lived intangibles		85,040		(50,492)		34,548
Trademarks	Indefinite	63,800		—		63,800
Goodwill		171,620		—		171,620
Total goodwill and other intangibles		$	320,460	$	(50,492)	$	269,968

Amortization expense on finite-lived intangible assets was $2.0 million and $4.1 million in the three and six months ended September 30, 2021 and September 30, 2020, respectively. Certain trademark assets have been classified as indefinite-lived intangible assets and accordingly, are not subject to amortization. There were no impairments of goodwill or intangible assets recorded in the three and six months ended September 30, 2021 and September 30, 2020.

The estimated future amortization expense related to finite-lived intangible assets, assuming no impairment as of September 30, 2021 is as follows (in thousands):



Remainder of Fiscal 2022	$	4,062
2023	8,122
2024	6,963
2025	1,230
2026	1,230
Thereafter	4,818
Total	$	26,425