Quarterly report pursuant to Section 13 or 15(d)

Goodwill

v3.10.0.1
Goodwill
6 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets

Goodwill
The carrying amount of goodwill by operating segment as of September 30, 2018 is as follows:
 
United States and Latin America
 
Canada
 
Europe, Middle East and Africa
 
Asia-Pacific
 
Total
Balance as of March 31, 2018
$
52,016

 
$
128,767

 
$
21,159

 
$
8,624

 
$
210,566

Adjustments to purchase price allocation

 
481

 

 

 
481

Foreign currency translation impact

 
(464
)
 
(1,234
)
 

 
(1,698
)
Balance as of September 30, 2018
$
52,016

 
$
128,784

 
$
19,925

 
$
8,624

 
$
209,349


Goodwill is tested for impairment on an annual basis and between annual tests if indicators of potential impairment exist. We perform a qualitative analysis to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. If required, we also perform a quantitative analysis using the income approach, based on discounted future cash flows, which are derived from internal forecasts and economic expectations, and the market approach based on market multiples of guideline public companies. The most significant inputs in the Company's quantitative goodwill impairment tests are projected financial information, the weighted average cost of capital and market multiples for similar transactions. Our annual impairment test is performed during the fourth quarter of our fiscal year. No triggering events were identified during the period ended September 30, 2018 which indicated the fair value of any of our reporting units was less than its carrying amount.

Our total intangible assets consisted of the following:
        
 
 
Gross Carrying Amount at September 30, 2018
 
Accumulated Amortization
 
Net Carrying Amount at September 30, 2018
 
Gross Carrying Amount at March 31, 2018
 
Accumulated Amortization
 
Net Carrying Amount at March 31, 2018
Products
 
$
64,356

 
$
5,899

 
$
58,457

 
$
64,611

 
$
2,719

 
$
61,892

Trademarks
 
45,490

 
921

 
44,569

 
46,156

 
832

 
45,324

Developed technology
 
10,012

 
4,291

 
5,721

 
10,160

 
4,106

 
6,054

Customer relationships
 
112,469

 
82,749

 
29,720

 
113,378

 
77,646

 
35,732

Certifications
 
452

 

 
452

 
458

 

 
458

Other
 
5,849

 
5,581

 
268

 
5,863

 
3,889

 
1,974

Total
 
$
238,628

 
$
99,441

 
$
139,187

 
$
240,626

 
$
89,192

 
$
151,434