| Schedule of Carrying Amount of Goodwill |
The carrying amount of goodwill by operating segment as of December 31, 2023, is as follows:
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| |
United States and Latin America |
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Canada |
|
Europe, Middle East and Africa |
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Asia-Pacific |
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Total |
| Balance as of March 31, 2023 |
$ |
81,345 |
|
|
$ |
112,945 |
|
|
$ |
18,679 |
|
|
$ |
6,643 |
|
|
$ |
219,612 |
|
Goodwill acquired(1)
|
46,143 |
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|
— |
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|
— |
|
|
— |
|
|
46,143 |
|
| Foreign currency translation impact |
— |
|
|
2,622 |
|
|
274 |
|
|
(113) |
|
|
2,783 |
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| Balance as of December 31, 2023 |
$ |
127,488 |
|
|
$ |
115,567 |
|
|
$ |
18,953 |
|
|
$ |
6,530 |
|
|
$ |
268,538 |
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(1) Refer to Note 2, "Acquisitions," for more information on the goodwill acquired through our recent acquisition of Vapor Power.
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| Schedule of Intangible Assets |
Our total intangible assets consisted of the following:
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Gross Carrying Amount at December 31, 2023 |
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Accumulated Amortization |
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Net Carrying Amount at December 31, 2023 |
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Gross Carrying Amount at March 31, 2023 |
|
Accumulated Amortization |
|
Net Carrying Amount at March 31, 2023 |
| Products |
|
$ |
62,989 |
|
|
$ |
(38,843) |
|
|
$ |
24,146 |
|
|
$ |
61,560 |
|
|
$ |
(33,344) |
|
|
$ |
28,216 |
|
| Trademarks |
|
54,733 |
|
|
(2,367) |
|
|
52,366 |
|
|
47,427 |
|
|
(2,031) |
|
|
45,396 |
|
| Developed technology |
|
28,420 |
|
|
(7,035) |
|
|
21,385 |
|
|
14,862 |
|
|
(6,520) |
|
|
8,342 |
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| Customer relationships |
|
138,665 |
|
|
(104,623) |
|
|
34,042 |
|
|
113,259 |
|
|
(102,743) |
|
|
10,516 |
|
| Certifications |
|
435 |
|
|
— |
|
|
435 |
|
|
441 |
|
|
— |
|
|
441 |
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| Other |
|
1,278 |
|
|
(405) |
|
|
873 |
|
|
1,280 |
|
|
(221) |
|
|
1,059 |
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| Total |
|
$ |
286,520 |
|
|
$ |
(153,273) |
|
|
$ |
133,247 |
|
|
$ |
238,829 |
|
|
$ |
(144,859) |
|
|
$ |
93,970 |
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