Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.22.1
Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Mar. 31, 2022
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, 2022, 2021 and 2020 is as follows:
US-LAM Canada EMEA APAC Total
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 
Foreign currency translation impact —  768  (1,052) —  (284)
Balance as of March 31, 2022 $ 62,725  $ 122,318  $ 19,087  $ 8,624  $ 212,754 
Schedule of Intangible Assets Our total intangible assets at March 31, 2022, and 2021 consisted of the following:
Gross Carrying Amount at March 31, 2022 Accumulated Amortization Net Carrying Amount at March 31, 2022 Gross Carrying Amount at March 31, 2021 Accumulated Amortization Net Carrying Amount at March 31, 2021
Products $ 66,669  $ (29,445) $ 37,224  $ 66,250  $ (22,635) $ 43,615 
Trademarks 45,222  (1,517) 43,705  45,581  (1,289) 44,292 
Developed technology 9,946  (5,933) 4,013  10,028  (5,486) 4,542 
Customer relationships 113,413  (103,900) 9,513  113,789  (102,911) 10,878 
Certifications 453  —  453  457  —  457 
Total $ 235,703  $ (140,795) $ 94,908  $ 236,105  $ (132,321) $ 103,784 
Schedule of Future Amortization Expense Annual amortization of intangible assets for the next five fiscal years and thereafter will approximate the following:
2023 $ 8,808 
2024 8,160 
2025 7,836 
2026 7,836 
2027 7,835 
Thereafter 10,578 
Total $ 51,053