XML 37 R21.htm IDEA: XBRL DOCUMENT v3.21.1
Intangible Assets
 12 Months Ended
Mar. 31, 2021
Intangible Assets [Abstract]  
Intangible Assets
Note 13: Intangible Assets

Intangible assets consisted of the following:

  
March 31, 2021
    
March 31, 2020
  
   
Gross
Carrying
Value
    
Accumulated
Amortization
    
Net
Intangible
Assets
    
Gross
Carrying
Value
    
Accumulated
Amortization
    
Net
Intangible
Assets
  
Customer relationships
  
$
62.8
    
$
(16.9
)
  
$
45.9
    
$
60.8
    
$
(12.6
)
  
$
48.2
  
Trade names
    
51.5
      
(11.4
)
    
40.1
      
58.3
      
(16.2
)
    
42.1
  
Acquired technology
    
23.9
      
(9.3
)
    
14.6
      
23.6
      
(7.6
)
    
16.0
  
Total intangible assets
  
$
138.2
    
$
(37.6
)
  
$
100.6
    
$
142.7
    
$
(36.4
)
  
$
106.3
  

The Company recorded $8.5 million, $8.9 million, and $9.0 million of amortization expense during fiscal 2021, 2020, and 2019, respectively.  The Company estimates that it will record $8.4 million of amortization expense in fiscal 2022 and approximately $8.0 million of annual amortization expense in fiscal 2023 through 2026.