XML 62 R15.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Intangible Assets | 3 Months Ended
--- | ---
Jun. 30, 2012
Intangible Assets |
| 9. | Intangible Assets
The components of intangible assets as at June 30, 2012 and March 31, 2012 were as follows:
|  | As of June 30, 2012 |
|  |  |  |  | Accumulated |  |  |  |
|  | Cost |  |  | Amortization |  |  | Net |
Software |  | $ | 1,611 |  |  | $ | (1006 | ) |  | $ | 605 |
Trade name / Trademark |  |  | 154 |  |  |  | - |  |  | $ | 154 |
Customer list |  |  | 1,220 |  |  |  | (1,220 | ) |  | $ | (0 | )
License agreements |  |  | 443 |  |  |  | (443 | ) |  | $ | (0 | )
|  | $ | 3,428 |  |  | $ | (2,669 | ) |  | $ | 759 |
We complete our annual impairment tests in the fourth quarter of each year unless events or circumstances indicate that an asset may be impaired. There were no indications of impairment present during the period ended June 30, 2012. The Company recorded an impairment charge of $2,319 for the year ended March 31, 2012.
|  | As of March 31, 2012 |
|  |  |  |  | Accumulated |  |  |  |
|  | Cost |  |  | Amortization |  |  | Net |
Software |  | $ | 1,611 |  |  | $ | (948 | ) |  | $ | 663 |
Trade name / Trademark |  |  | 154 |  |  |  | - |  |  | $ | 154 |
Customer list |  |  | 1,220 |  |  |  | (1,220 | ) |  | $ | (0 | )
License agreements |  |  | 443 |  |  |  | (443 | ) |  | $ | (0 | )
|  | $ | 3,428 |  |  | $ | (2,611 | ) |  | $ | 817 |
The Company has included amortization of acquired intangible assets directly attributable to revenue-generating activities in cost of revenues. During the periods ended June 30, 2012 and 2011, the Company recorded amortization expense in the amount of $58 and $58, respectively, in cost of revenues. Based on the amortizable intangible assets as of June 30, 2012, we estimate amortization expense for the next three years to be as follows:
|  |  | Amortization |
Year Ending June 30, |  |  | Expense |
|  |  | (in thousands) |
| 2013 |  |  | $ | 232 |
| 2014 |  |  |  | 232 |
| 2015 |  |  |  | 141 |
|  |  |  | $ | 605 |

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 44, 45, 46 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16373-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration