Quarterly report pursuant to Section 13 or 15(d)

Goodwill

v2.4.1.9
Goodwill
 9 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets
The carrying amount of goodwill as of December 31, 2014 is as follows:
 
Amount
Balance as of March 31, 2014
114,112

Foreign currency translation impact
(4,770
)
Balance as of December 31, 2014
$
109,342


The excess purchase price over the fair value of assets acquired is recorded as goodwill. 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. In addition to the qualitative analysis, we also perform a quantitative analysis using the income approach. Our annual impairment test will be performed during the fourth quarter of our fiscal year. At December 31, 2014, there were no indicators of a goodwill impairment.  Goodwill is not deductible for tax purposes.
Other intangible assets consisted of the following:
 
 
Gross Carrying Amount at December 31, 2014
 
Accumulated Amortization
 
Net Carrying Amount at December 31, 2014
 
Gross Carrying Amount at March 31, 2014
 
Accumulated Amortization
 
Net Carrying Amount at March 31, 2014
Trademarks
 
$
45,181

 
$
—

 
$
45,181

 
$
47,042

 
$
—

 
$
47,042

Developed technology
 
10,354

 
(2,466
)
 
7,888

 
10,781

 
(2,167
)
 
8,614

Customer relationships
 
96,444

 
(43,588
)
 
52,856

 
99,578

 
(37,383
)
 
62,195

Backlog
 
9,559

 
(9,559
)
 
—

 
9,874

 
(9,874
)
 
—

Certification
 
472

 
—

 
472

 
498

 
—

 
498

Other
 
1,630

 
(1,253
)
 
377

 
1,630

 
(1,062
)
 
568

Total
 
$
163,640

 
$
(56,866
)
 
$
106,774

 
$
169,403

 
$
(50,486
)
 
$
118,917