Annual report [Section 13 and 15(d), not S-K Item 405]

Goodwill and Other Intangible Assets (Tables)

v3.25.1
Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Mar. 31, 2025
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, 2025, 2024 and 2023 is as follows:
US-LAM Canada EMEA APAC Total
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 
Goodwill acquired(1)
(2,065) —  2,179  —  114 
Foreign currency translation impact —  (6,369) 6  (206) (6,569)
Balance as of March 31, 2025 $ 131,030  $ 106,477  $ 20,717  $ 6,107  $ 264,331 
(1) - Refer to Note 2, "Acquisitions" for more information.
Schedule of Intangible Assets Our total intangible assets at March 31, 2025, and 2024 consisted of the following:
Gross Carrying Amount at March 31, 2025 Accumulated Amortization Net Carrying Amount at March 31, 2025 Gross Carrying Amount at March 31, 2024 Accumulated Amortization Net Carrying Amount at March 31, 2024
Products $ 58,034  $ (43,042) $ 14,992  $ 61,505  $ (39,466) $ 22,039 
Trademarks 53,882  (3,838) 50,044  54,158  (2,650) 51,508 
Developed technology 29,982  (9,010) 20,972  28,288  (7,372) 20,916 
Customer relationships 135,679  (107,380) 28,299  136,088  (104,699) 31,389 
Certifications 421  —  421  429  —  429 
Other 1,280  (725) 555  1,280  (469) 811 
Total $ 279,278  $ (163,995) $ 115,283  $ 281,748  $ (154,656) $ 127,092 
Schedule of Future Amortization Expense Annual amortization of intangible assets for the next five fiscal years and thereafter will approximate the following:
2026 $ 13,139 
2027 11,486 
2028 8,855 
2029 5,426 
2030 5,317 
Thereafter 30,413 
Total $ 74,636