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ACQUISITIONS: (Tables) | 12 Months Ended
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Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):
|  | April 21, 2021
Assets acquired: |  |
Cash |  | $ | 131 |
Goodwill |  | 7,012 |
Intangible assets |  | 3,500 |
Total assets acquired |  | 10,643 |
Deferred income taxes |  | (710) |
Accounts payable and accrued expenses |  | (65) |
Net assets acquired |  | 9,868 |
Less: |  |
Cash acquired |  | (131) |
Net purchase price allocated |  | 9,737 |
Less: |  |
Cash held back |  | (1,200) |
Net cash paid in acquisition |  | 8,537 |
The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):
|  | February 17, 2021
Assets acquired: |  |
Cash |  | $ | 2,099 |
Goodwill |  | 56,436 |
Intangible assets |  | 11,400 |
Other current and noncurrent assets |  | 1,119 |
Total assets acquired |  | 71,054 |
Deferred income taxes |  | (1,716) |
Accounts payable and accrued expenses |  | (75) |
Net assets acquired |  | 69,263 |
Less: |  |
Cash acquired |  | (2,099) |
Net purchase price allocated |  | 67,164 |
Less: |  |
Restricted cash held in escrow |  | (8,900) |
Net cash paid in acquisition |  | $ | 58,264 |
The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):
|  | July 16, 2020
Assets acquired: |  |
Cash |  | $ | 184 |
Trade accounts receivable |  | 156 |
Goodwill |  | 2,011 |
Intangible assets |  | 1,100 |
Other current and noncurrent assets |  | 43 |
Total assets acquired |  | 3,494 |
Deferred income taxes |  | (288) |
Accounts payable and accrued expenses |  | (89) |
Net assets acquired |  | 3,117 |
Less: |  |
Cash acquired |  | (184) |
Net cash paid |  | $ | 2,933 |
The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):
|  | July 2, 2019
Assets acquired: |  |
Cash |  | $ | 438 |
Trade accounts receivable |  | 957 |
Goodwill |  | 90,619 |
Intangible assets |  | 34,000 |
Other current and noncurrent assets |  | 1,186 |
Total assets acquired |  | 127,200 |
Deferred income taxes |  | (6,034) |
Accounts payable and accrued expenses |  | (2,727) |
Net assets acquired |  | 118,439 |
Less: |  |
Cash acquired |  | (438) |
Net purchase price allocated |  | 118,001 |
Less: |  |
Restricted cash held in escrow |  | (14,815) |
Fair value of replacement stock options considered a component of purchase price |  | (2,300) |
Net cash paid in acquisition |  | $ | 100,886 |
The results of operations for the acquisition are included in the Company's consolidated results beginning April 2, 2019. The following table presents the purchase price allocation related to assets acquired and liabilities assumed (dollars in thousands):
|  | April 2, 2019
Assets acquired: |  |
Cash |  | $ | 35 |
Trade accounts receivable |  | 63 |
Goodwill |  | 3,110 |
Intangible assets |  | 1,700 |
Other current and noncurrent assets |  | 126 |
Total assets acquired |  | 5,034 |
Deferred income taxes |  | (194) |
Accounts payable and accrued expenses |  | (326) |
Net assets acquired |  | 4,514 |
Less: |  |
Cash acquired |  | (35) |
Net cash paid |  | $ | 4,479 |
Schedule of Business Acquisitions, by Acquisition | The acquisition date fair value of the consideration for DataFleets was approximately $67.2 million, which consisted of the following (dollars in thousands):
Cash, net of $2.1 million cash acquired |  | 58,264 |
Restricted cash held in escrow |  | 8,900 |
Total fair value of consideration transferred |  | $ | 67,164 |
The acquisition date fair value of the consideration for DPM was approximately $118.0 million, which consisted of the following (dollars in thousands):
Cash, net of $0.4 million cash acquired |  | $ | 100,886 |
Restricted cash held in escrow |  | 14,815 |
Fair value of replacement stock options considered a component of purchase price |  | 2,300 |
Total fair value of consideration transferred |  | $ | 118,001 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):
|  |  |  | Useful life
|  | Fair value |  | (in years)
Developed technology |  | $ | 11,000 |  |  | 4
Customer relationships/trade names |  | 400 |  |  | 2
Total intangible assets |  | $ | 11,400 |  |  |
The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):
|  |  |  | Useful life
|  | Fair value |  | (In years)
Developed technology |  | $ | 11,000 |  |  | 4
Data supply relationships |  | 16,000 |  |  | 4
Customer relationships |  | 6,000 |  |  | 4
Trademarks |  | 1,000 |  |  | 2
Total intangible assets |  | $ | 34,000 |  |  |

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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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