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Business Acquisitions (Tables)
12 Months Ended
Mar. 31, 2018
Business Combinations [Abstract]  
Schedule of Aggregate Consideration in Business Combinations
The fair value of consideration transferred for the Jaybird Acquisition consists of the following (in thousands):

Purchase price
 
$
54,242

Fair value of contingent consideration (earn-out)
 
18,000

Fair value of total consideration transferred
 
$
72,242

Schedule of Intangible Assets Acquired
The following table summarizes the estimated fair values and estimated useful lives of the components of identifiable intangible assets acquired at their estimated fair values and their estimated useful lives as of the Jaybird Acquisition Date (Dollars in thousands):
 
Fair Value
Estimated Useful Life (years)
Developed technology
$
18,450

4.0
Customer relationships
19,900

8.0
Trade name
9,380

6.0
Intangible assets with finite lives acquired
47,730

6.1
In-process research & development (IPR&D)
2,550

Not Applicable
Total intangible assets acquired
$
50,280

 
The following table summarizes the estimated fair values and estimated useful lives of the components of identifiable intangible assets acquired as of the ASTRO Acquisition Date (Dollars in thousands):
 
Fair Value
 
Estimated Useful Life (years)
Developed technology
$
12,540

 
4.0
Customer relationships
33,100

 
8.0
Trade name
6,880

 
6.0
Total intangible assets acquired
$
52,520

 
6.8
Schedule of Allocation of Purchase Consideration
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the ASTRO Acquisition Date (in thousands):
 
 
Estimated Fair Value
Inventories
 
$
10,331

Property, plant and equipment
 
2,760

Intangible assets
 
52,520

Other assets
 
605

Total identifiable assets acquired
 
66,216

Accrued liabilities
 
(2,982
)
Net identifiable assets acquired
 
63,234

Goodwill
 
21,766

Net assets acquired
 
$
85,000

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the Jaybird Acquisition Date (in thousands):
 
 
Estimated Fair Value
Cash and cash equivalents
 
$
255

Accounts receivable
 
272

Inventories
 
10,214

Other current assets
 
611

Property, plant, and equipment
 
1,165

Intangible assets
 
50,280

Other assets
 
27

Total identifiable assets acquired
 
62,824

Accounts payable
 
(10,513
)
Accrued liabilities
 
(1,227
)
Other current liabilities
 
(5,226
)
Other long-term liabilities
 
(283
)
Net identifiable assets acquired
 
45,575

Goodwill
 
26,667

Net assets acquired
 
$
72,242