XML 34 R19.htm IDEA: XBRL DOCUMENT
v3.19.1

Goodwill and Other Intangible Assets | 12 Months Ended
--- | ---
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The Company performed its annual impairment analysis of goodwill as of December 31, 2018 by performing a qualitative assessment and concluded that it was more likely than not that the fair value of its peripherals reporting unit, exceeded its carrying amount. In assessing the qualitative factors, the Company considered the impact of these key factors: change in industry and competitive environment, growth in market capitalization, and budgeted-to-actual revenue performance for the twelve months ended December 31, 2018. There have been no significant events or circumstances affecting the valuation of goodwill subsequent to the annual impairment test. The following table summarizes the activity in the Company's goodwill balance during fiscal years 2019 and 2018 (in thousands):
|  | Years Ended March 31,
|  | 2019 |  | 2018
Beginning of the period |  | $ | 275,451 |  |  | $ | 249,741 |
Acquisitions |  | 68,269 |  |  | 25,800 |
Currency exchange rate impact |  | (36 | ) |  | (90 | )
End of the period |  | $ | 343,684 |  |  | $ | 275,451 |
The Company's acquired intangible assets subject to amortization were as follows (in thousands):
|  | March 31,
|  | 2019 |  | 2018
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Trademarks and trade names |  | $ | 36,370 |  |  | $ | (13,659 | ) |  | $ | 22,711 |  |  | $ | 23,870 |  |  | $ | (9,482 | ) |  | $ | 14,388 |
Developed technology |  | 95,207 |  |  | (62,341 | ) |  | 32,866 |  |  | 77,175 |  |  | (50,755 | ) |  | 26,420 |
Customer contracts/relationships |  | 84,610 |  |  | (21,188 | ) |  | 63,422 |  |  | 59,510 |  |  | (12,771 | ) |  | 46,739 |
|  | $ | 216,187 |  |  | $ | (97,188 | ) |  | $ | 118,999 |  |  | $ | 160,555 |  |  | $ | (73,008 | ) |  | $ | 87,547 |
For fiscal years 2019, 2018 and 2017, amortization expense for intangible assets was, $24.2 million, $15.6 million and $9.4 million, respectively. The Company expects that annual amortization expense for fiscal years 2020, 2021, 2022, 2023 and 2024 will be $27.5 million, $23.2 million, $20.0 million, $15.9 million and $13.0 million, respectively, and $19.3 million thereafter.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration