XML 33 R15.htm IDEA: XBRL DOCUMENT
v3.26.1

GOODWILL AND OTHER INTANGIBLE ASSETS | 12 Months Ended
--- | ---
Mar. 31, 2026
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | 7. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill The following table summarizes the changes in the carrying amount of goodwill for the years ended March 31, 2026, and March 31, 2025, respectively (in thousands):
|  |  | Product |  |  |  | Professional Services |  |  |  | Managed Services |  |  |  | Total |
Balance, March 31, 2024 (1) |  | $ | 129,108 |  |  | $ | 22,497 |  |  | $ | 9,898 |  |  | $ | 161,503 |
Acquisitions |  |  | 30 |  |  |  | 41,275 |  |  |  | - |  |  |  | 41,305 |
Foreign currency translations |  |  | 39 |  |  |  | 7 |  |  |  | 4 |  |  |  | 50 |
Balance, March 31, 2025 (1) |  | $ | 129,177 |  |  | $ | 63,779 |  |  | $ | 9,902 |  |  | $ | 202,858 |
Acquisitions |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Foreign currency translations |  |  | 17 |  |  |  | 3 |  |  |  | 2 |  |  |  | 22 |
Balance, March 31, 2026 (1) |  | $ | 129,194 |  |  | $ | 63,782 |  |  | $ | 9,904 |  |  | $ | 202,880 |
(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. 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, 2025, 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 March 31, 2026, and March 31, 2025 (in thousands):
|  |  | March 31, 2026 |  |  |  | March 31, 2025 |
|  |  | Gross Carrying Amount |  |  |  | Accumulated Amortization |  |  |  | Net Carrying Amount |  |  |  | Gross Carrying Amount |  |  |  | Accumulated Amortization |  |  |  | Net Carrying Amount |
Customer relationships |  | $ | 165,358 |  |  | $ | (110,708 | ) |  | $ | 54,650 |  |  | $ | 167,093 |  |  | $ | (93,085 | ) |  | $ | 74,008 |
Trade names and other |  |  | 9,108 |  |  |  | (2,414 | ) |  |  | 6,694 |  |  |  | 11,459 |  |  |  | (3,500 | ) |  |  | 7,959 |
Total |  | $ | 174,466 |  |  | $ | (113,122 | ) |  | $ | 61,344 |  |  | $ | 178,552 |  |  | $ | (96,585 | ) |  | $ | 81,967 |
Our customer relationships, trade names, and other purchased intangibles are generally amortized between 5 to 10 years. Total amortization expense for purchased intangibles was $20.6 million, $19.9 million, and $15.2 million for the years ended March 31, 2026, 2025 and 2024, respectively. The following table provides the future amortization expense for purchased intangibles as of March 31, 2026 (in thousands):
Year ending March 31, 2027 |  | $ | 16,909 |
2028 |  |  | 13,538 |
2029 |  |  | 10,379 |
2030 |  |  | 7,774 |
2031 |  |  | 5,349 |
2032 and thereafter |  |  | 7,395 |
Total |  | $ | 61,344 |
Our capitalized software development was not significant as of March 31, 2026, and March 31, 2025.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration