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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.