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Intangible Assets
12 Months Ended
Mar. 31, 2020
Intangible Assets [Abstract]  
Intangible Assets

Note 13: Intangible Assets

Intangible assets consisted of the following:

 
March 31, 2020
   
March 31, 2019
 
   
Gross
Carrying
Value
   
Accumulated
Amortization
   
Net
Intangible
Assets
   
Gross
Carrying
Value
   
Accumulated
Amortization
   
Net
Intangible
Assets
 
Customer relationships
 
$
60.8
   
$
(12.6
)
 
$
48.2
   
$
61.5
   
$
(9.1
)
 
$
52.4
 
Trade names
   
58.3
     
(16.2
)
   
42.1
     
58.9
     
(13.5
)
   
45.4
 
Acquired technology
   
23.6
     
(7.6
)
   
16.0
     
23.9
     
(5.5
)
   
18.4
 
Total intangible assets
 
$
142.7
   
$
(36.4
)
 
$
106.3
   
$
144.3
   
$
(28.1
)
 
$
116.2
 

The Company recorded $8.9 million, $9.0 million, and $9.7 million of amortization expense during fiscal 2020, 2019, and 2018, respectively.  The Company estimates that it will record $8.4 million of amortization expense in fiscal 2021 and approximately $8.0 million of annual amortization expense in fiscal 2022 through 2025.

During fiscal 2018, the BHVAC segment discontinued its geothermal product line and, as a result, recorded a $1.2 million impairment charge for acquired technology intangible assets.