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Goodwill and Other Intangibles Goodwill and Other Intangibles (Tables) | 6 Months Ended
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Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill [Table Text Block] | The Company's changes in goodwill at September 30, 2020 and 2019 consisted of the following:
(in thousands of dollars) | Six Months Ended September 30,
| 2020 |  | 2019
Balance at beginning of fiscal year | $ | 126,826 |  |  | $ | 97,907 |
Foreign currency translation adjustment | 84 |  |  | 23 |
Balance at end of period | $ | 126,910 |  |  | $ | 97,930 |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | The Company's intangible assets subject to amortization consisted of the following at September 30, 2020 and 2019:
(in thousands, except useful life) |  |  | September 30,
|  |  | 2020 |  | 2019
| Useful Life |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
Customer relationships(1) | 13 |  | $ | 9,500 |  |  | $ | (548) |  |  | $ | 8,952 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Trade names(1) | 5 |  | 3,300 |  |  | (495) |  |  | 2,805 |  |  | — |  |  | — |  |  | — |
Developed technology(1) | 3 |  | 4,800 |  |  | (1,200) |  |  | 3,600 |  |  | — |  |  | — |  |  | — |
Noncompetition agreements(1) | 5 |  | 1,000 |  |  | (150) |  |  | 850 |  |  | — |  |  | — |  |  | — |
Other | 5 |  | 762 |  |  | (660) |  |  | 102 |  |  | 737 |  |  | (669) |  |  | 68 |
Total intangible assets |  |  | $ | 19,362 |  |  | $ | (3,053) |  |  | $ | 16,309 |  |  | $ | 737 |  |  | $ | (669) |  |  | $ | 68 |
(1) On January 1, 2020 the Company acquired 100% of the capital stock of FruitSmart for approximately $80.0 million in cash and up to $25.0 million of contingent consideration payments. The FruitSmart acquisition resulted in $28.9 million of goodwill and $18.6 million intangibles. See Note 3 for additional information. Intangible assets are amortized on a straight-line basis over the asset's estimated useful economic life as noted above.
Finite-lived Intangible Assets Amortization Expense [Table Text Block] | The Company's amortization expense for intangible assets for the three and six months ended September 30, 2020 and 2019:
(in thousands of dollars) | Three Months Ended September 30, |  | Six Months Ended September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Amortization Expense | $ | 809 |  |  | $ | 9 |  |  | $ | 1,617 |  |  | $ | 17 |
Amortization expense for the developed technology intangible asset is recorded in cost of goods sold in the consolidated income statements of income. The amortization expense for the other intangible assets is recorded in selling, general, and administrative expenses in the consolidated income statements of income.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | As of September 30, 2020, the expected future amortization expense for intangible assets is as follows:
Fiscal Year (in thousands of dollars) |
2021 (excluding the six months ended September 30, 2020) | $ | 1,616 |
2022 | 3,233 |
2023 | 2,830 |
2024 | 1,591 |
2025 and thereafter | 7,039 |
Total expected future amortization expense | $ | 16,309 |

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