XML 95 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
Intangible Assets (Tables)
3 Months Ended
Jun. 30, 2013
Intangible Assets [Abstract]  
Intangible assets subject to amortization
The following is a summary of the intangible assets subject to amortization at June 30, 2013 and March 31, 2013.
 
 
 
 
 
June 30, 2013
 
 
March 31, 2013
 
 
 
Weighted Average Amortization Period
 
Gross Carrying Value
 
 
Accumulated Amortization
 
 
Gross Carrying Value
 
 
Accumulated Amortization
 
Intangible assets subject to amortization
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks
 
9 years
 
$
553,000
 
 
$
354,000
 
 
$
553,000
 
 
$
337,000
 
Customer relationships
 
12 years
 
 
6,464,000
 
 
 
2,906,000
 
 
 
6,464,000
 
 
 
2,743,000
 
Non-compete agreements
 
4 years
 
 
257,000
 
 
 
223,000
 
 
 
257,000
 
 
 
211,000
 
Total
 
11 years
 
$
7,274,000
 
 
$
3,483,000
 
 
$
7,274,000
 
 
$
3,291,000
Amortization expense for acquired intangible assets
Amortization expense for acquired intangible assets for the three months ended June 30, 2013 and 2012 is as follows:

 
 
Three Months Ended
 
 
 
June 30,
 
 
 
2013
  
2012
 
 
 
  
 
Amortization expense
 
$
192,000
  
$
193,000
 
Estimated future amortization expense for intangible assets
The consolidated aggregate estimated future amortization expense for intangible assets subject to amortization is as follows:

Year Ending March 31,
 
 
2014 - remaining nine months
 
$
546,000
 
2015
  
670,000
 
2016
  
349,000
 
2017
  
266,000
 
2018
  
266,000
 
Thereafter
  
1,694,000
 
Total
 
$
3,791,000