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Goodwill and Intangible Assets
6 Months Ended
Sep. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

8. Goodwill and Intangible Assets

The table below summarizes the changes in the carrying amount of goodwill as follows:

 

 

Total

 

Balance at March 31, 2023

 

$

27,691

 

Adjustments

 

 

280

 

Foreign currency translation

 

 

(264

)

Balance at September 29, 2023

 

$

27,707

 

 

Intangible assets, net were as follows:

 

 

September 29, 2023

Description

 

Gross

 

 

Accumulated
Amortization

 

 

Net Carrying
Amount

 

 

Weighted-
Average Lives

Patents

 

$

42,523

 

 

$

20,079

 

 

$

22,444

 

 

4 years

Customer relationships

 

 

3,197

 

 

 

3,056

 

 

 

141

 

 

3 years

Process technology

 

 

28,508

 

 

 

4,179

 

 

 

24,329

 

 

10 years

Indefinite-lived and legacy process technology

 

 

4,689

 

 

 

-

 

 

 

4,689

 

 

 

Trademarks and other

 

 

285

 

 

 

211

 

 

 

74

 

 

2 years

Total

 

$

79,202

 

 

$

27,525

 

 

$

51,677

 

 

 

 

 

March 31, 2023

Description

 

Gross

 

 

Accumulated
Amortization

 

 

Net Carrying
Amount

 

 

Weighted-
Average Lives

Patents

 

$

40,213

 

 

$

18,335

 

 

$

21,878

 

 

10 years

Customer relationships

 

 

3,281

 

 

 

3,115

 

 

 

166

 

 

9 years

Process technology

 

 

28,508

 

 

 

2,963

 

 

 

25,545

 

 

12 years

Indefinite-lived and legacy process technology

 

 

4,696

 

 

 

 

 

 

4,696

 

 

 

Trademarks and other

 

 

287

 

 

 

194

 

 

 

93

 

 

5 years

Total

 

$

76,985

 

 

$

24,607

 

 

$

52,378

 

 

 

 

Intangible assets amortization expense was $1,510 and $3,005 for the three- and six-month periods ended September 29, 2023, respectively, and $1,194 and $2,230 for the three- and six-month periods ended September 23, 2022, respectively.