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Intangible Assets
12 Months Ended
Mar. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

7. Intangible Assets

Intangible assets at March 31, 2016 and 2015 consisted of the following (in thousands):

 

 

2016

 

 

2015

 

 

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Estimated

 

Amount

 

 

Amortization

 

 

Value

 

 

Amount

 

 

Amortization

 

 

Value

 

 

Useful Life

Licenses

$

4,422

 

 

$

(3,739

)

 

$

683

 

 

$

4,422

 

 

$

(3,328

)

 

$

1,094

 

 

7

Core technology and know-how

 

5,010

 

 

 

(4,839

)

 

 

171

 

 

 

4,858

 

 

 

(4,530

)

 

 

328

 

 

5-10

Intangible assets

$

9,432

 

 

$

(8,578

)

 

$

854

 

 

$

9,280

 

 

$

(7,858

)

 

$

1,422

 

 

 

 

The Company recorded intangible amortization expense of $0.6 million, $0.6 million, and $0.8 million for the fiscal years ended March 31, 2016, 2015, and 2014, respectively.

Expected future amortization expense related to intangible assets is as follows (in thousands):

 

Fiscal years ending March 31,

Total

 

2017

$

553

 

2018

 

301

 

Total

$

854

 

 

The geographic composition of intangible assets is as follows (in thousands):

 

 

March 31,

 

 

2016

 

 

2015

 

Intangible assets by geography:

 

 

 

 

 

 

 

U.S.

$

854

 

 

$

1,422

 

Europe

 

-

 

 

 

-

 

Total

$

854

 

 

$

1,422

 

 

The business segment composition of intangible assets is as follows (in thousands):

 

March 31,

 

 

2016

 

 

2015

 

Intangible assets by business segments:

 

 

 

 

 

 

 

Wind

$

-

 

 

$

-

 

Grid

 

854

 

 

 

1,422

 

Total

$

854

 

 

$

1,422