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.