Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS AND GOODWILL (Tables)

v2.4.0.8
INTANGIBLE ASSETS AND GOODWILL (Tables)
 6 Months Ended
Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of the carrying value of intangible assets
We evaluate our amortizable and indefinite-lived intangible assets (“long-lived assets”) for impairment whenever indicators of impairment exist. We concluded the carrying amount of our long-lived assets was recoverable and there was no impairment in the second quarter or first six months of fiscal 2015 or 2014. The following provides a summary of the carrying value of intangible assets (in thousands):
 
As of
 
September 30, 2014
 
March 31, 2014
 
Gross
Amount
 
Accumulated
Amortization
 
Net
Amount
 
Gross
Amount
 
Accumulated
Amortization
 
Net
Amount
Purchased technology
$
179,992

 
$
(178,941
)
 
$
1,051

 
$
179,475

 
$
(178,348
)
 
$
1,127

Trademarks
3,900

 
(3,900
)
 
—

 
3,900

 
(3,900
)
 
—

Customer lists
76,019

 
(76,019
)
 
—

 
76,019

 
(73,235
)
 
2,784

 
$
259,911

 
$
(258,860
)
 
$
1,051

 
$
259,394

 
$
(255,483
)
 
$
3,911

Summary of the goodwill balance
We evaluate goodwill for impairment annually during the fourth quarter of our fiscal year, or more frequently when indicators of impairment are present. There were no changes to goodwill balances during the second quarter or first six months of fiscal 2015. The following table provides a summary of the goodwill balance at both September 30, 2014 and March 31, 2014 (in thousands):
 
Goodwill
 
Accumulated
Impairment Losses
 
Net Amount
Balance
$
394,613

 
$
(339,000
)
 
$
55,613