Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS AND GOODWILL (Tables)

v2.4.0.8
INTANGIBLE ASSETS AND GOODWILL (Tables)
12 Months Ended
Mar. 31, 2014
INTANGIBLE ASSETS AND GOODWILL [Abstract]  
Schedule of Weighted Average Amortization Period

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

    Amortization
(Years)
Purchased technology       6.2
Trademarks   6.0
Customer lists   7.6
       All intangible assets   6.6

Schedule of Intangible Amortization

Intangible amortization within our Consolidated Statements of Operations for the years ended March 31, 2014, 2013 and 2012 follows (in thousands):

    For the year ended March 31,
    2014   2013   2012
Purchased technology       $ 1,476       $ 3,775       $ 7,583
Trademarks     -     244     700
Non-compete agreements     -     -     32
Customer lists     7,426     9,280     12,428
    $     8,902   $     13,299   $     20,743

Schedule of Intangible Assets

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

    As of March 31,
    2014   2013
    Gross
Amount
  Accumulated
Amortization
  Net
Amount
  Gross
Amount
  Accumulated
Amortization
  Net
Amount
Purchased technology       $ 179,475       $ (178,348 )       $ 1,127       $ 180,613       $ (178,168 )       $ 2,445
Trademarks     3,900     (3,900 )     -     3,900     (3,900 )     -
Customer lists     76,019     (73,235 )     2,784     105,719     (95,509 )     10,210
In-process research and development     -     -       -     158     -       158
    $     259,394   $     (255,483 )   $     3,911   $     290,390   $     (277,577 )   $     12,813
Schedule of Estimated Future Amortization

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

    Amortization
Fiscal 2015       $ 3,628
Fiscal 2016     177
Fiscal 2017     71
Fiscal 2018     35
       Total as of March 31, 2014   $         3,911

Schedule of Goodwill

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

    Goodwill   Accumulated
Impairment Losses
  Net Amount
Balance March 31, 2013 and March 31, 2014       $     394,613       $        (339,000 )       $     55,613