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GOODWILL & INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amount of Goodwill | The changes in the carrying amount of goodwill for the fiscal years ended March 31, 2022 and 2021 are as follows (in thousands):
Balance at March 31, 2020 | $ | 1,725,680 |
Foreign currency translation impact | (8,126) |
Balance at March 31, 2021 | $ | 1,717,554 |
Foreign currency translation impact | 5,602 |
Balance at March 31, 2022 | $ | 1,723,156 |
Schedule of Intangible Assets | Intangible assets include the following amortizable intangible assets at March 31, 2022 (in thousands):
| Estimated Useful Life in Years |  | Cost |  | Accumulated Amortization |  | Net
Developed technology | 3 - 13 years |  | $ | 250,247 |  |  | $ | (224,426) |  |  | $ | 25,821 |
Customer relationships | 8 - 18 years |  | 769,404 |  |  | (384,347) |  |  | 385,057 |
Distributor relationships and technology licenses | 1 - 6 years |  | 11,408 |  |  | (8,896) |  |  | 2,512 |
Definite-lived trademark and trade name (a) | 2 - 9 years |  | 57,748 |  |  | (37,944) |  |  | 19,804 |
Core technology | 10 years |  | 7,192 |  |  | (7,192) |  |  | — |
Non-compete agreements | 3 years |  | 292 |  |  | (292) |  |  | — |
Capitalized software | 3 years |  | 3,317 |  |  | (3,317) |  |  | — |
Other | 1 - 20 years |  | 1,208 |  |  | (983) |  |  | 225 |
|  |  | $ | 1,100,816 |  |  | $ | (667,397) |  |  | $ | 433,419 |
(a) The Company's $18.6 million acquired trade name changed from indefinite-lived during the first quarter of fiscal year 2022. Intangible assets include the indefinite lived trade name with a carrying value of $18.6 million and the following amortizable intangible assets at March 31, 2021 (in thousands):
| Estimated Useful Life in Years |  | Cost |  | Accumulated Amortization |  | Net
Developed technology | 3 - 13 years |  | $ | 252,071 |  |  | $ | (212,688) |  |  | $ | 39,383 |
Customer relationships | 8 - 18 years |  | 775,898 |  |  | (333,903) |  |  | 441,995 |
Distributor relationships and technology licenses | 1 - 6 years |  | 11,469 |  |  | (7,829) |  |  | 3,640 |
Definite-lived trademark and trade name | 2 - 9 years |  | 39,434 |  |  | (31,467) |  |  | 7,967 |
Core technology | 10 years |  | 7,192 |  |  | (7,192) |  |  | — |
Net beneficial leases | 3 - 4 years |  | 336 |  |  | (336) |  |  | — |
Non-compete agreements | 3 years |  | 292 |  |  | (292) |  |  | — |
Capitalized software | 3 years |  | 3,317 |  |  | (3,281) |  |  | 36 |
Other | 1 - 20 years |  | 1,208 |  |  | (963) |  |  | 245 |
|  |  | $ | 1,091,217 |  |  | $ | (597,951) |  |  | $ | 493,266 |
Schedule of Amortization Expense | The following table provides a summary of amortization expense during the fiscal years ended March 31, 2022, 2021, and 2020 (in thousands).
| Years Ended March 31,
| 2022 |  | 2021 |  | 2020
Amortization of intangible assets included as: |  |  |  |  |
Cost of product revenue | 14,600 |  |  | 20,457 |  |  | 26,664 |
Operating expense | 59,761 |  |  | 61,151 |  |  | 64,525 |
| $ | 74,361 |  |  | $ | 81,608 |  |  | $ | 91,189 |
Schedule of Expected Future Amortization Expense | The following is the expected future amortization expense at March 31, 2022 for the fiscal years ended March 31 (in thousands):
2023 | $ | 66,252 |
2024 | 58,019 |
2025 | 50,841 |
2026 | 46,517 |
2027 | 43,634 |
Thereafter | 168,156 |
Total | $ | 433,419 |

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