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Intangible Assets
 12 Months Ended
Mar. 31, 2024
Intangible Assets [Abstract]  
Intangible Assets
Note 13:  Intangible Assets

Intangible assets consisted of the following:

 
March 31, 2024
    
March 31, 2023
  
    Gross           Net     Gross           Net  
    Carrying     Accumulated     Intangible     Carrying     Accumulated     Intangible  
   
Value
    
Amortization
    
Assets
    
Value
    
Amortization
    
Assets
  
Customer relationships
  
$
150.5
    
$
(26.3
)
  
$
124.2
    
$
60.3
    
$
(23.4
)
  
$
36.9
  
Trade names
    
62.8
      
(18.5
)
    
44.3
      
50.1
      
(15.9
)
    
34.2
  
Acquired technology
    
32.5
      
(12.7
)
    
19.8
      
22.6
      
(12.6
)
    
10.0
  
Total intangible assets
  
$
245.8
    
$
(57.5
)
  
$
188.3
    
$
133.0
    
$
(51.9
)
  
$
81.1
  

During the second quarter of fiscal 2024, the Company recorded customer relationship and acquired technology intangible assets totaling $2.9 million related to the Napps acquisition.  During the fourth quarter of fiscal 2024, the Company recorded intangible assets totaling $102.3 million and $11.4 million related to the Scott Springfield Manufacturing acquisition and the purchase of intellectual property from TMGcore, Inc., respectively.  The intangible assets recorded for the Scott Springfield Manufacturing acquisition are comprised of customer relationships, including backlog, and trade names.  The Company recorded acquired technology as part of its purchase of certain assets from TMGcore, Inc.  See Note 2 for additional information.

The Company recorded $9.2 million, $8.0 million, and $8.4 million of amortization expense during fiscal 2024, 2023, and 2022, respectively.  The Company estimates that it will record approximately $29.0 million, $18.0 million, $17.0 million, $17.0 million, and $16.0 million of annual amortization expense in fiscal 2025 through 2029, respectively.