Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Amount of Goodwill
The carrying amount of goodwill for all reporting segments as of March 31, 2024, 2023 and 2022 is as follows:
US-LAM Canada EMEA APAC Total
Balance as of March 31, 2022 $ 62,725  $ 122,318  $ 19,087  $ 8,624  $ 212,754 
Goodwill acquired(1)
18,620  —  —  —  18,620 
Foreign currency translation impact —  (9,373) (408) (1,981) (11,762)
Balance as of March 31, 2023 $ 81,345  $ 112,945  $ 18,679  $ 6,643  $ 219,612 
Goodwill acquired(1)
51,750  —  —  —  51,750 
Foreign currency translation impact —  (99) (147) (330) (576)
Balance as of March 31, 2024 $ 133,095  $ 112,846  $ 18,532  $ 6,313  $ 270,786 
(1) - Refer to Note 2, "Acquisitions" for more information.
Schedule of Intangible Assets Our total intangible assets at March 31, 2024, and 2023 consisted of the following:
Gross Carrying Amount at March 31, 2024 Accumulated Amortization Net Carrying Amount at March 31, 2024 Gross Carrying Amount at March 31, 2023 Accumulated Amortization Net Carrying Amount at March 31, 2023
Products $ 61,505  $ (39,466) $ 22,039  $ 61,560  $ (33,344) $ 28,216 
Trademarks 54,158  (2,650) 51,508  47,427  (2,031) 45,396 
Developed technology 28,288  (7,372) 20,916  14,862  (6,520) 8,342 
Customer relationships 136,088  (104,699) 31,389  113,259  (102,743) 10,516 
Certifications 429  —  429  441  —  441 
Other 1,280  (469) 811  1,280  (221) 1,059 
Total $ 281,748  $ (154,656) $ 127,092  $ 238,829  $ (144,859) $ 93,970 
Schedule of Future Amortization Expense Annual amortization of intangible assets for the next five fiscal years and thereafter will approximate the following:
2025 $ 13,658 
2026 13,107 
2027 11,454 
2028 8,679 
2029 5,048 
Thereafter 33,730 
Total $ 85,676