v3.25.2
Goodwill and Other Intangible Assets
3 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The carrying amount of goodwill by operating segment as of June 30, 2025, is as follows:
 United States and Latin AmericaCanadaEurope, Middle East and AfricaAsia-PacificTotal
Balance as of March 31, 2025$131,030 $106,477 $20,717 $6,107 $264,331 
Foreign currency translation impact— 5,467 1,765 227 7,459 
Balance as of June 30, 2025$131,030 $111,944 $22,482 $6,334 $271,790 
Goodwill is tested for impairment on an annual basis and between annual tests if indicators of potential impairment exist. We perform a qualitative analysis to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. If required, we also perform a quantitative analysis using the income approach, based on discounted future cash flows, which are derived from internal forecasts and economic expectations, and the market approach, which is based on market multiples of guideline public companies. The most significant inputs in the Company's quantitative goodwill impairment tests are projected financial information, the weighted average cost of capital and market multiples for similar transactions. Our annual impairment test is performed during the fourth quarter of our fiscal year. To date, there have been no indicators of impairment.
Our total intangible assets consisted of the following:
Gross Carrying Amount at June 30, 2025Accumulated AmortizationNet Carrying Amount at June 30, 2025Gross Carrying Amount at March 31, 2025Accumulated AmortizationNet Carrying Amount at March 31, 2025
Products$61,014 $(46,777)$14,237 $58,034 $(43,042)$14,992 
Trademarks55,290 (4,156)51,134 53,882 (3,838)50,044 
Developed technology30,454 (9,713)20,741 29,982 (9,010)20,972 
Customer relationships138,659 (111,078)27,581 135,679 (107,380)28,299 
Certifications435 — 435 421 — 421 
Other1,280 (789)491 1,280 (725)555 
Total$287,132 $(172,513)$114,619 $279,278 $(163,995)$115,283