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Goodwill and Other Intangible Assets
 12 Months Ended
Mar. 31, 2020
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, 2019 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, 2019. There have been no triggering events identified 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 2020 and 2019 (in thousands):
 
 
Years Ended March 31,
 
 
2020
 
2019
Beginning of the period
 
$
343,684

 
$
275,451

Acquisitions (1)
 
57,206

 
68,269

Currency exchange rate impact
 
27

 
(36
)
End of the period
 
$
400,917

 
$
343,684


(1) Includes goodwill acquired from the Streamlabs Acquisition and the immaterial technology acquisition in October 2019. See Note 3 for more information.
The Company's acquired intangible assets subject to amortization were as follows (in thousands):
 
 
March 31,
 
 
2020
 
2019
 
 
Gross Carrying Amount
 
Accumulated
Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated
Amortization
 
Net Carrying Amount
Trademarks and trade names
 
$
45,570

 
$
(19,061
)
 
$
26,509

 
$
36,370

 
$
(13,659
)
 
$
22,711

Developed technology
 
118,807

 
(77,126
)
 
41,681

 
95,207

 
(62,341
)
 
32,866

Customer contracts/relationships
 
90,610

 
(31,859
)
 
58,751

 
84,610

 
(21,188
)
 
63,422

 
 
$
254,987

 
$
(128,046
)
 
$
126,941

 
$
216,187

 
$
(97,188
)
 
$
118,999


For fiscal years 2020, 2019 and 2018, amortization expense for intangible assets was, $30.9 million, $24.2 million and $15.6 million, respectively. The Company expects that annual amortization expense for fiscal years 2021, 2022, 2023, 2024 and 2025 will be $31.4 million, $27.0 million, $21.3 million, $18.1 million and $13.8 million, respectively, and $15.4 million thereafter.