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INTANGIBLE ASSETS AND GOODWILL | 3 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS AND GOODWILL | INTANGIBLE ASSETS AND GOODWILL The carrying value of intangible assets consisted of the following (in thousands):
| June 30, 2024 |  | March 31, 2024
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Developed technology | $ | 46,452 |  |  | $ | (38,938) |  |  | $ | 7,514 |  |  | $ | 46,454 |  |  | $ | (36,823) |  |  | $ | 9,631 |
Customer relationships | 105,826 |  |  | (31,722) |  |  | 74,104 |  |  | 105,827 |  |  | (28,741) |  |  | 77,086 |
Trade names and domains | 584 |  |  | (584) |  |  | — |  |  | 584 |  |  | (584) |  |  | — |
Total acquired identifiable intangible assets | $ | 152,862 |  |  | $ | (71,244) |  |  | $ | 81,618 |  |  | $ | 152,865 |  |  | $ | (66,148) |  |  | $ | 86,717 |
As of June 30, 2024, the weighted average remaining useful lives for developed technology and customer relationships were 1.3 years and 6.5 years, respectively. The annual amortization of the Company's intangible assets, based upon existing intangible assets and current useful lives, is estimated to be as follows (in thousands):
Remainder of 2025 | $ | 13,997 |
2026 | 13,895 |
2027 | 11,757 |
2028 | 11,044 |
2029 and thereafter | 30,925 |
Total | $ | 81,618 |
The following table provides a summary of the changes in the carrying amounts of goodwill (in thousands):
Balance as of March 31, 2024 | $ | 266,574 |
Foreign currency translation | (175) |
Balance as of June 30, 2024 | $ | 266,399 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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