Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.21.1
Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Mar. 31, 2021
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, 2021, 2020 and 2019 is as follows:
US-LAM Canada EMEA APAC Total
Balance as of March 31, 2019 $ 62,725  $ 114,382  $ 19,264  $ 8,624  $ 204,995 
Foreign currency translation impact —  (6,643) (374) —  (7,017)
Balance as of March 31, 2020 $ 62,725  $ 107,739  $ 18,890  $ 8,624  $ 197,978 
Foreign currency translation impact —  13,811  1,249  —  15,060 
Balance as of March 31, 2021 $ 62,725  $ 121,550  $ 20,139  $ 8,624  $ 213,038 
Schedule of Intangible Assets Our total intangible assets at March 31, 2021, and 2020 consisted of the following:
Gross Carrying Amount at March 31, 2021 Accumulated Amortization Net Carrying Amount at March 31, 2021 Gross Carrying Amount at March 31, 2020 Accumulated Amortization Net Carrying Amount at March 31, 2020
Products $ 66,250  $ 22,635  $ 43,615  $ 58,722  $ 14,193  $ 44,529 
Trademarks 45,581  1,289  44,292  43,865  1,273  42,592 
Developed technology 10,028  5,486  4,542  9,564  4,758  4,806 
Customer relationships 113,789  102,911  10,878  105,912  93,729  12,183 
Certifications 457  —  457  436  —  436 
Total $ 236,105  $ 132,321  $ 103,784  $ 218,499  $ 113,953  $ 104,546 
Schedule of Future Amortization Expense Annual amortization of intangible assets for the next five years and thereafter will approximate the following:
2022 $ 8,766 
2023 8,766 
2024 8,118 
2025 7,793 
2026 7,794 
Thereafter 18,329 
Total $ 59,566