XML 62 R39.htm IDEA: XBRL DOCUMENT
v3.22.1

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | A summary of changes in goodwill during the years ended March 31, 2022 and 2021 is as follows:
Balance at April 1, 2020 | $ | 319,679 |
Currency translation | 11,497 |
Balance at March 31, 2021 | $ | 331,176 |
Acquisition of Dorner (Refer to Note 3) | 287,141 |
Acquisition of Garvey (Refer to Note 3) | 41,216 |
Currency translation | (10,684) |
Balance at March 31, 2022 | $ | 648,849 |
Schedule of Indefinite-Lived Intangible Assets | Identifiable intangible assets at March 31, 2022 are summarized as follows (in thousands):
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Trademark |  | $ | 19,529 |  |  | $ | (5,032) |  |  | $ | 14,497 |
Indefinite-lived trademark |  | 46,721 |  |  | — |  |  | 46,721 |
Customer relationships |  | 325,431 |  |  | (71,202) |  |  | 254,229 |
Acquired technology |  | 96,433 |  |  | (21,789) |  |  | 74,644 |
Other |  | 3,476 |  |  | (2,779) |  |  | 697 |
Balance at March 31, 2022 |  | $ | 491,590 |  |  | $ | (100,802) |  |  | $ | 390,788 |
Identifiable intangible assets at March 31, 2021 were as follows (in thousands):
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Trademark |  | $ | 6,377 |  |  | $ | (4,760) |  |  | $ | 1,617 |
Indefinite-lived trademark |  | 47,857 |  |  | — |  |  | 47,857 |
Customer relationships |  | 188,447 |  |  | (55,785) |  |  | 132,662 |
Acquired technology |  | 46,843 |  |  | (16,021) |  |  | 30,822 |
Other |  | 3,259 |  |  | (2,855) |  |  | 404 |
Balance at March 31, 2021 |  | $ | 292,783 |  |  | $ | (79,421) |  |  | $ | 213,362 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration