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GOODWILL AND OTHER INTANGIBLE ASSETS | 3 Months Ended
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Jun. 30, 2025
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 three months ended June 30, 2025 (in thousands):
| Product |  | Professional Services |  | Managed Services |  | Total
Balance, March 31, 2025 (1) | $ | 129,177 |  |  | $ | 63,779 |  |  | $ | 9,902 |  |  | $ | 202,858 |
Acquisitions |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Foreign currency translations |  | 94 |  |  |  | 18 |  |  |  | 9 |  |  |  | 121 |
Balance, June 30, 2025 (1) | $ | 129,271 |  |  | $ | 63,797 |  |  | $ | 9,911 |  |  | $ | 202,979 |
(1) Balance is net of $4,644 thousand in accumulated impairments that were recorded in a segment that preceded our current segment organization. Goodwill represents the premium paid over the fair value of the net tangible and intangible assets that are individually identified and separately recognized in business combinations. The only activity in our goodwill balance over the three months ended June 30, 2025 was foreign currency translation adjustments. We test goodwill for impairment on an annual basis, as of the first day of our third fiscal quarter, and between annual tests if an event occurs, or circumstances change, that would more likely than not reduce the fair value of a reporting unit below its carrying value. In our annual test as of October 1, 2024, we performed a qualitative assessment of goodwill and concluded that, more likely than not, the fair value of our product, professional services, and managed services reporting units continued to exceed their carrying value. OTHER INTANGIBLE ASSETS Our other intangible assets consist of purchased intangible assets and capitalized software development. The following table provides the composition of our purchased intangible assets as of June 30, 2025, and March 31, 2025 (in thousands):
| June 30, 2025 |  | March 31, 2025
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships | $ | 167,207 |  |  | $ | (98,426 | ) |  | $ | 68,781 |  |  | $ | 167,093 |  |  | $ | (93,085 | ) |  | $ | 74,008 |
Trade names and other |  | 11,486 |  |  |  | (3,846 | ) |  |  | 7,640 |  |  |  | 11,459 |  |  |  | (3,500 | ) |  |  | 7,959 |
Total purchased intangible assets | $ | 178,693 |  |  | $ | (102,272 | ) |  | $ | 76,421 |  |  | $ | 178,552 |  |  | $ | (96,585 | ) |  | $ | 81,967 |
Our customer relationships, trade names, and other intangible assets are generally amortized between 5 to 10 years. Total amortization expense for other intangible assets was $5.5 million and $3.8 million for the three months ended June 30, 2025, and June 30, 2024, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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