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Acquisition | 6 Months Ended
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Sep. 30, 2017
Acquisition [Abstract] |
Acquisition | 3. Acquisition Pursuant to a share repurchase agreement dated July 18, 2017, the Company completed the acquisition of all the equity interests of D&V Electronics Ltd. (“D&V”) based in Ontario, Canada, a privately held developer and manufacturer of leading edge diagnostics systems for alternators and starters, electric vehicle power-train and battery technology. The Company allocated the initial purchase consideration to acquire D&V to finite-lived intangible assets of $323,000 for developed technology with an estimated useful life of 3 years and $197,000 for trademarks with an estimated useful life of 2 years, $3,383,000 for inventory, and other net assets of $1,071,000. The assets and results of operations of D&V were not significant to the Company’s consolidated financial position or results of operations, and thus pro forma information is not presented.

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