Quantum Corporation Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS AND GOODWILL (Tables)

INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Mar. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of weighted average amortization period

Following is the weighted average amortization period for our amortizable intangible assets:



	Amortization (Years)
Purchased technology	6.3
Trademarks	6.0
Customer lists	8.2
All intangible assets	6.8

Schedule of intangible amortization

Intangible amortization within our Consolidated Statements of Operations for the years ended March 31, 2016, 2015 and 2014 is provided in the table below (in thousands):



	For the year ended March 31,
	2016		2015		2014
Purchased technology	$	280	$	913	$	1,476
Customer lists	—		2,784		7,426
	$	280	$	3,697	$	8,902

Summary of carrying value of intangible assets

The following table provides a summary of the carrying value of intangible assets (in thousands):



	As of March 31,
	2016							2015
	Gross Amount		Accumulated Amortization			Net Amount		Gross Amount		Accumulated Amortization			Net Amount
Purchased technology	$	178,292	$	(177,841	)	$	451	$	179,992	$	(179,261	)	$	731
Trademarks	3,900		(3,900		)	—		3,900		(3,900		)	—
Customer lists	64,701		(64,701		)	—		66,219		(66,219		)	—
	$	246,893	$	(246,442	)	$	451	$	250,111	$	(249,380	)	$	731

Schedule of total expected future amortization

The total expected future amortization related to amortizable intangible assets is provided in the table below (in thousands):



	Amortization
Fiscal 2017	$	175
Fiscal 2018	138
Fiscal 2019	103
Fiscal 2020	35
Total as of March 31, 2016	$	451

Summary of carrying value of goodwill

The following provides a summary of activity relating to the carrying value of goodwill (in thousands):



	Goodwill		Accumulated Impairment Losses			Net Amount
Balance as of March 31, 2015 and March 31, 2014	$	394,613	$	(339,000	)	$	55,613
Impairment charges	—		(55,613		)	(55,613		)
Balance as of March 31, 2016	$	394,613	$	(394,613	)	$	—