v3.25.2
INTANGIBLE ASSETS AND GOODWILL (Tables)
 12 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The following table summarizes identifiable intangible assets of the Company as of March 31, 2024 and March 31, 2025 (in thousands):

March 31, 2025Useful Lives (In Years)Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-lived:
Customer relationships
9 - 13
$200,868 $(21,994)$178,874 
Trademark and tradename
3 - 15
21,557 (5,805)15,752 
Patents
7 - 11
628 (553)75 
Technology
5 - 7
74,050 (21,705)52,345 
Software to be sold or leased
3 - 7
13,490 (2,119)11,371 
310,593 (52,176)258,417 
Indefinite-lived:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$310,758 $(52,176)$258,582 

March 31, 2024Useful Lives (In Years)Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-lived:
Customer relationships
9 - 12
$19,264 $(8,012)$11,252 
Trademark and tradename
3 - 15
7,553 (3,877)3,676 
Patents
7 - 11
628 (464)164 
Technology
 7
10,911 (10,911)— 
Software to be sold or leased
3
5,159 (764)4,395 
43,515 (24,028)19,487 
Indefinite-lived:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$43,680 $(24,028)$19,652 
Schedule of Indefinite-Lived Intangible Assets
The following table summarizes identifiable intangible assets of the Company as of March 31, 2024 and March 31, 2025 (in thousands):

March 31, 2025Useful Lives (In Years)Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-lived:
Customer relationships
9 - 13
$200,868 $(21,994)$178,874 
Trademark and tradename
3 - 15
21,557 (5,805)15,752 
Patents
7 - 11
628 (553)75 
Technology
5 - 7
74,050 (21,705)52,345 
Software to be sold or leased
3 - 7
13,490 (2,119)11,371 
310,593 (52,176)258,417 
Indefinite-lived:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$310,758 $(52,176)$258,582 

March 31, 2024Useful Lives (In Years)Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-lived:
Customer relationships
9 - 12
$19,264 $(8,012)$11,252 
Trademark and tradename
3 - 15
7,553 (3,877)3,676 
Patents
7 - 11
628 (464)164 
Technology
 7
10,911 (10,911)— 
Software to be sold or leased
3
5,159 (764)4,395 
43,515 (24,028)19,487 
Indefinite-lived:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$43,680 $(24,028)$19,652 
Schedule of Estimated Future Amortization Expense
Estimated future amortization expense for each of the five succeeding fiscal years for these intangible assets is as follows:

Years ending March 31,
2026$36,334 
202735,169 
202834,199 
202931,738 
203023,194 
Thereafter97,783 
$258,417 
Schedule of Goodwill
The following table is a reconciliation of the carrying amount of goodwill at the beginning and end of the reporting period (in thousands):

Goodwill
Balance at March 31, 2024
83,487 
Businesses acquired
MiX Combination216,799 
FC Acquisition82,245 
Foreign currency translation difference
615 
Balance at March 31, 2025
383,146 
A reconciliation for the comparative period has not been presented, as there were no movements in the carrying amount of goodwill during that period.