v3.25.4
GOODWILL AND INTANGIBLE ASSETS
9 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The changes in the carrying amount of goodwill as of December 31, 2025 and March 31, 2025 were as follows (in thousands):
Contractor SolutionsSpecialized Reliability SolutionsEngineered Building SolutionsTotal
Balance at March 31, 2025$230,880 $9,437 $23,775 $264,092 
ProAction Fluids acquisition— 6,827 — 6,827 
Hydrotex acquisition— 2,820 — 2,820 
MARS Parts acquisition264,981 — — 264,981 
Aspen Manufacturing acquisition100,244 — — 100,244 
PF WaterWorks acquisition619 — — 619 
Currency translation(62)147 394 479 
Balance at December 31, 2025$596,662 $19,231 $24,169 $640,062 

The following table provides information about our intangible assets (in thousands, except years): 
December 31, 2025March 31, 2025
Weighted Avg Life (Years)Gross AmountAccumulated AmortizationGross AmountAccumulated Amortization
Finite-lived intangible assets:
Patents10$17,786 $(11,032)$17,784 $(10,189)
Customer lists and amortized trademarks15926,323 (158,494)402,765 (127,551)
Non-compete agreements61,000 (770)1,000 (639)
Other106,276 (3,455)6,277 (3,141)
$951,385 $(173,751)$427,826 $(141,520)
Trade names and trademarks not being amortized:$140,431 $— $71,604 $— 
 
Amortization expenses for the three and nine months ended December 31, 2025 were $14.7 million and $32.7 million, respectively. Amortization expenses for the three and nine months ended December 31, 2024 were $6.4 million and $18.3 million, respectively. The following table shows the estimated future amortization for intangible assets, as of December 31, 2025, for the remainder of the current fiscal year and the next four fiscal years ending March 31 (in thousands):

2026$14,517 
202760,971 
202860,579 
202960,503 
203060,437 
Thereafter520,627 
Total$777,634