XML 24 R11.htm IDEA: XBRL DOCUMENT v3.21.2
INTANGIBLE ASSETS AND GOODWILL
3 Months Ended
Jun. 30, 2021
Intangible Assets, Net (Including Goodwill) [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
Intangible Assets
The carrying value of intangible assets consisted of the following:
 June 30, 2021March 31, 2021
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Developed technology$27,231 $(15,793)$11,438 $33,960 $(21,458)$12,502 
Customer relationships6,428 (2,021)4,407 11,969 (7,341)4,628 
Trade and domain names83 (83)— 988 (988)— 
Total acquired identifiable intangible assets$33,742 $(17,897)$15,845 $46,917 $(29,787)$17,130 
During the three months ended June 30, 2021, the Company determined certain of its fully amortized intangible assets were no longer in use. As a result, the Company wrote off $6.7 million in gross carrying value of developed technology, $5.5 million of customer relationships, and $0.9 million of trade and domain names. Such intangibles had been fully amortized in prior periods, thus there was no net impact to the Company's financial statements.
As of June 30, 2021, the weighted average remaining useful life of developed technology and customer relationships was 4.4 years and 5.0 years, respectively.
As of June 30, 2021, the expected future amortization expense of the intangible assets was as follows:
Remainder of fiscal 2022$4,388 
Fiscal 20232,904 
Fiscal 20242,851 
Fiscal 20252,851 
Fiscal 20262,851 
Thereafter— 
Total$15,845 
Goodwill
The following table provides a summary of the change in the carrying amount of goodwill:
Balance at March 31, 2021$131,520 
Foreign currency translation adjustments79 
Balance at June 30, 2021$131,599