XML 60 R12.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
INTANGIBLE ASSETS AND GOODWILL
9 Months Ended
Dec. 31, 2019
Intangible Assets, Net (Including Goodwill) [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
The carrying value of intangible assets consisted of the following (in thousands):
 
 
December 31, 2019
 
March 31, 2019
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Developed technology
 
$
33,685

 
$
(14,497
)
 
$
19,188

 
$
25,702

 
$
(15,409
)
 
$
10,293

Customer relationships
 
11,601

 
(5,297
)
 
6,304

 
9,467

 
(8,080
)
 
1,387

Trade and domain names
 
1,128

 
(165
)
 
963

 
2,108

 
(2,108
)
 

Total acquired identifiable intangible assets
 
$
46,414

 
$
(19,959
)
 
$
26,455

 
$
37,277

 
$
(25,597
)
 
$
11,680



At December 31, 2019, annual amortization of intangible assets, based upon our existing intangible assets and current useful lives, is estimated to be the following (in thousands):
 
Amount
Remaining 2020
$
2,326

2021
6,755

2022
4,946

2023
3,162

2024
2,851

Thereafter
6,415

Total
$
26,455


The following table provides a summary of the changes in the carrying amounts of goodwill (in thousands):
 
Total
Balance at March 31, 2019
$
39,694

Additions due to acquisitions
91,060

Foreign currency translation
246

Balance at December 31, 2019
$
131,000