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Goodwill and Other Intangible Assets
9 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The Company conducts its impairment analysis of goodwill annually at December 31 or more frequently 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, 2024 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.

The following table summarizes the activities in the Company’s goodwill balance (in thousands):

As of March 31, 2024$461,978 
Effects of foreign currency translation(795)
As of December 31, 2024$461,183 
The Company's acquired intangible assets were as follows (in thousands):
 December 31, 2024March 31, 2024
 Gross Carrying AmountAccumulated
Amortization
Net Carrying AmountGross Carrying AmountAccumulated
Amortization
Net Carrying Amount
Trademarks and trade names$32,390 $(27,941)$4,449 $32,390 $(25,739)$6,651 
Developed technology107,421 (94,224)13,197 107,421 (86,855)20,566 
Customer contracts/relationships69,087 (56,750)12,337 69,087 (51,061)18,026 
Effects of foreign currency translation(1,411)589 (822)(1,019)379 (640)
Total$207,487 $(178,326)$29,161 $207,879 $(163,276)$44,603