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GOODWILL AND OTHER INTANGIBLE ASSETS | 12 Months Ended
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Mar. 31, 2019
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS |
5. | GOODWILL AND OTHER INTANGIBLE ASSETS
GOODWILL The following table summarizes the changes in the carrying amount of goodwill for the years ended March 31, 2019 and March 31, 2018, respectively (in thousands):
|  | Year Ended March 31, 2019 |  |  | Year Ended March 31, 2018 |
|  | Goodwill |  |  | Accumulated Impairment Loss |  |  | Net Carrying Amount |  |  | Goodwill |  |  | Accumulated Impairment Loss |  |  | Net Carrying Amount |
Beginning Balance |  | $ | 85,297 |  |  | $ | (8,673 | ) |  | $ | 76,624 |  |  | $ | 57,070 |  |  | $ | (8,673 | ) |  | $ | 48,397 |
Acquisitions |  |  | 34,352 |  |  |  | - |  |  |  | 34,352 |  |  |  | 27,996 |  |  |  | - |  |  |  | 27,996 |
Foreign currency translations |  |  | (169 | ) |  |  | - |  |  |  | (169 | ) |  |  | 231 |  |  |  | - |  |  |  | 231 |
Ending Balance |  | $ | 119,480 |  |  | $ | (8,673 | ) |  | $ | 110,807 |  |  | $ | 85,297 |  |  | $ | (8,673 | ) |  | $ | 76,624 |
All of our goodwill as of March 31, 2019 and March 31, 2018 was assigned to our technology segment. See Note 15, “Business Combinations” for additional information regarding our acquisitions. We performed our annual test for impairment for fiscal year 2019 as of October 1, 2018. We elected to bypass the qualitative assessment of goodwill and estimate the fair value of our reporting units. The fair value of our technology reporting unit substantially exceeded its carrying value as of October 1, 2018. Our conclusions would not be impacted by a ten percent change in our estimate of the fair value of the reporting unit. We performed our annual test for impairment for fiscal year 2018 as of October 1, 2017. We performed a qualitative assessment of goodwill and concluded that the fair value of our reporting units, more likely than not, exceeded their respective carrying values as of October 1, 2017. OTHER INTANGIBLE ASSETS Our other intangible assets consist of the following at March 31, 2019 and March 31, 2018 (in thousands):
|  | March 31, 2019 |  |  | March 31, 2018 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization / Impairment Loss |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization /Impairment Loss |  |  | Net Carrying Amount |
Customer relationships & other intangibles |  | $ | 57,407 |  |  | $ | (23,865 | ) |  | $ | 33,542 |  |  | $ | 41,895 |  |  | $ | (18,634 | ) |  | $ | 23,261 |
Capitalized software development |  |  | 10,188 |  |  |  | (4,802 | ) |  |  | 5,386 |  |  |  | 5,608 |  |  |  | (2,567 | ) |  |  | 3,041 |
Total |  | $ | 67,595 |  |  | $ | (28,667 | ) |  | $ | 38,928 |  |  | $ | 47,503 |  |  | $ | (21,201 | ) |  | $ | 26,302 |
Customer relationships and other intangibles are generally amortized between 5 to 10 years. Capitalized software development is generally amortized over 5 years. Total amortization expense was $7.9 million, $6.4 million, and $4.4 million for the years ended March 31, 2019, 2018 and 2017, respectively. Amortization expense is estimated to be $9.8 million, $8.3 million, $6.9 million, $5.4 million, and $3.8 million for the years ended March 31, 2020, 2021, 2022, 2023 and 2024, respectively. See Note 15, “Business Combinations” for additional information regarding acquired intangibles.

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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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