Goodwill and Intangible Assets

12 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

Changes in the carrying amount of goodwill, net, by segment follows:


	ODS		AGP		Total





Goodwill as of March 31, 2022	$	80,176	$	479,616	$	559,792
Purchase of In App Video	—		4,957		4,957


Foreign currency translation and other	—		(3,173)		(3,173)
Goodwill as of March 31, 2023	$	80,176	$	481,400	$	561,576

Intangible Assets

The components of intangible assets were as follows as of the periods indicated:


	As of March 31, 2023

	Weighted-Average Remaining Useful Life	Cost		Accumulated Amortization		Net
Customer relationships	12.06 years	$	170,281	$	(39,925)	$	130,356
Developed technology	5.28 years	146,596		(38,813)		107,783
Trade names	2.33 years	69,983		(27,115)		42,868
Publisher relationships	17.83 years	109,028		(10,403)		98,625
Total		$	495,888	$	(116,256)	$	379,632


	As of March 31, 2022
	Weighted-Average Remaining Useful Life	Cost		Accumulated Amortization		Net
Customer relationships	12.01 years	$	171,060	$	(19,636)	$	151,424
Developed technology	6.26 years	144,581		(18,103)		126,478
Trade names	3.33 years	69,205		(8,523)		60,682
Publisher relationships	18.77 years	106,514		(4,509)		102,005
Total		$	491,360	$	(50,771)	$	440,589

During the fiscal years ended March 31, 2023, 2022, and 2021, the Company recorded amortization expense of $64,608, $48,420, and $2,782, respectively, in general and administrative expenses on the consolidated statements of operations and comprehensive income (loss). As of March 31, 2022, the Company changed the useful lives of all its trade names intangible assets to approximately 3.33 years due to the rebranding of the Company’s past acquisitions.

Estimated amortization expense in future fiscal years is expected to be:


Fiscal year 2024	$	64,447
Fiscal year 2025	55,810
Fiscal year 2026	41,546
Fiscal year 2027	35,422
Fiscal year 2028	35,422
Thereafter	146,985
Total	$	379,632