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Goodwill and Other Intangible Assets | 12 Months Ended
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Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Other Intangible Assets Information regarding the Company’s other intangible assets are as follows:
|  | March 31,
|  | 2019 |  | 2018
|  | Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Amount |  | Accumulated Amortization |  | Net Amount
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | $ | 152,484 |  |  | $ | (953 | ) |  | $ | 151,531 |  |  | $ | 97,444 |  |  | $ | (953 | ) |  | $ | 96,491 |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 286,664 |  |  | (42,704 | ) |  | 243,960 |  |  | 66,973 |  |  | (31,500 | ) |  | 35,473 |
Non-compete |  | 3,025 |  |  | (2,807 | ) |  | 218 |  |  | 2,852 |  |  | (2,759 | ) |  | 93 |
Technology |  | 77,779 |  |  | (12,229 | ) |  | 65,550 |  |  | 22,769 |  |  | (8,872 | ) |  | 13,897 |
Trademarks |  | 2,003 |  |  | (1,236 | ) |  | 767 |  |  | 2,003 |  |  | (1,151 | ) |  | 852 |
Licenses |  | 1,477 |  |  | (1,187 | ) |  | 290 |  |  | 1,491 |  |  | (1,156 | ) |  | 335 |
Total |  | $ | 523,432 |  |  | $ | (61,116 | ) |  | $ | 462,316 |  |  | $ | 193,532 |  |  | $ | (46,391 | ) |  | $ | 147,141 |
The Company’s amortization expense related to finite-lived intangible assets was $14,730, $8,443, and $8,557, for the years ended March 31, 2019, 2018 and 2017, respectively. The expected amortization expense based on the finite-lived intangible assets as of March 31, 2019, is $29,491 in fiscal 2020, $29,237 in fiscal 2021, $28,993 in fiscal 2022, $27,694 in fiscal 2023 and $24,287 in fiscal 2024. Goodwill The changes in the carrying amount of goodwill by reportable segment are as follows:
|  | Fiscal year ended March 31, 2019
|  | Americas |  | EMEA |  | Asia |  | Total
Balance at beginning of year |  | $ | 151,255 |  |  | $ | 155,825 |  |  | $ | 45,725 |  |  | $ | 352,805 |
Acquisitions during the year |  | 320,618 |  |  | — |  |  | — |  |  | 320,618 |
Foreign currency translation adjustment |  | (1,679 | ) |  | (12,556 | ) |  | (2,789 | ) |  | (17,024 | )
Balance at end of year |  | $ | 470,194 |  |  | $ | 143,269 |  |  | $ | 42,936 |  |  | $ | 656,399 |
|  | Fiscal year ended March 31, 2018
|  | Americas |  | EMEA |  | Asia |  | Total
Balance at beginning of year |  | $ | 146,982 |  |  | $ | 138,813 |  |  | $ | 42,862 |  |  | $ | 328,657 |
Acquisitions during the year |  | 3,670 |  |  | — |  |  | — |  |  | 3,670 |
Foreign currency translation adjustment |  | 603 |  |  | 17,012 |  |  | 2,863 |  |  | 20,478 |
Balance at end of year |  | $ | 151,255 |  |  | $ | 155,825 |  |  | $ | 45,725 |  |  | $ | 352,805 |
A reconciliation of goodwill and accumulated goodwill impairment losses, by reportable segment, is as follows:
|  | March 31, 2019
|  | Americas |  | EMEA |  | Asia |  | Total
Gross carrying value |  | $ | 528,039 |  |  | $ | 149,422 |  |  | $ | 48,115 |  |  | $ | 725,576 |
Accumulated goodwill impairment charges |  | (57,845 | ) |  | (6,153 | ) |  | (5,179 | ) |  | (69,177 | )
Net book value |  | $ | 470,194 |  |  | $ | 143,269 |  |  | $ | 42,936 |  |  | $ | 656,399 |
|  | March 31, 2018
|  | Americas |  | EMEA |  | Asia |  | Total
Gross carrying value |  | $ | 209,100 |  |  | $ | 161,978 |  |  | $ | 50,904 |  |  | $ | 421,982 |
Accumulated goodwill impairment charges |  | (57,845 | ) |  | (6,153 | ) |  | (5,179 | ) |  | (69,177 | )
Net book value |  | $ | 151,255 |  |  | $ | 155,825 |  |  | $ | 45,725 |  |  | $ | 352,805 |
Impairment of goodwill and indefinite-lived intangibles The Company did not record any impairment relating to its goodwill and intangible assets during fiscal 2019 and 2018. In fiscal 2017, the Company early adopted ASU 2017-04 - Intangibles—Goodwill and Other (Topic 350), which eliminated Step 2 from the goodwill impairment test. In the fourth quarter of fiscal 2017, the Company conducted step one of the annual goodwill impairment test which indicated that the fair values of two of its reporting units - Purcell US in the Americas operating segment and Purcell EMEA in the EMEA operating segment - were less than their respective carrying values. Based on the guidance in ASU 2017-04, the Company recognized an impairment charge for the amount by which the carrying amount exceeded the reporting unit’s fair value and recorded a non-cash charge of $8,646 and $3,570, related to goodwill impairment in the Americas and EMEA operating segments, respectively, and $700 and $1,100 related to impairment of indefinite-lived trademarks in the Americas and EMEA operating segments, respectively. Purcell was acquired in fiscal 2014 during the height of the 4G telecom build-out. After performing to expectations for the first few quarters, its revenue declined as telecom spending in the U.S. curtailed sharply. In fiscal 2016, lower estimated projected revenue and profitability caused by reduced levels of capital spending by major customers in the telecommunications industry was a key factor contributing to the impairment charges recorded in that year. In fiscal 2017, the Company transferred the European operations of Purcell to its EMEA operating segment, consistent with its geographical management approach. In the U.S., Purcell received significant orders, but at lower margins, resulting in an impairment in 2017. In Europe, Purcell's sales forecasts were reduced in fiscal 2017, as a result of low telecom spending and accordingly recorded an impairment charge as well. The Company estimated tax-deductible goodwill to be approximately $58,699 and $18,147 as of March 31, 2019 and 2018, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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