Goodwill and Other Intangible Assets

The Company conducts its impairment analysis of goodwill annually at December 31 and as necessary, if changes in facts and circumstances indicate that it is more likely than not that the fair value of the Company’s reporting unit may be less than its carrying amount. The Company conducted 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 reporting unit exceeds its carrying amount. In assessing the qualitative factors, the Company considered the impact of: change in industry and competitive environment, growth in the Company's market capitalization and budgeted-to-actual revenue performance for the last twelve months.

The following table summarizes the activities in the Company’s goodwill balance during the nine months ended December 31, 2018 (in thousands):



As of March 31, 2018	$	275,451
Acquisition (Note 2)	71,940
Currency translation	(22		)
As of December 31, 2018	$	347,369

The Company's acquired intangible assets subject to amortization were as follows (in thousands):



	December 31, 2018							March 31, 2018
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Trademark and trade names	$	36,370	$	(12,430	)	$	23,940	$	23,870	$	(9,482	)	$	14,388
Developed technology	95,207		(59,070		)	36,137		77,175		(50,755		)	26,420
Customer contracts/relationships	82,310		(18,744		)	63,566		59,510		(12,771		)	46,739
Total	$	213,887	$	(90,244	)	$	123,643	$	160,555	$	(73,008	)	$	87,547