v3.26.1
Goodwill and Intangible Assets, Net
12 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
Changes in the carrying amount of goodwill on a consolidated basis for fiscal 2026 consists of the following (in thousands):
March 31, 2026
Balance, beginning of year$1,336,435 
Goodwill from acquisitions5,961 
Foreign currency impact7,860 
Balance, end of year$1,350,256 
Intangible assets, net, excluding goodwill, consists of the following (in thousands):
March 31, 2026 (1)
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Useful Life (in months)
Capitalized software$35,710 $(13,057)$22,653 78
Customer relationships312 (115)197 48
Total intangible assets$36,022 $(13,172)$22,850 
March 31, 2025
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Useful Life (in months)
Capitalized software$221,966 $(196,582)$25,384 103
Customer relationships351,761 (351,611)150 120
Trademarks and tradenames55,003 (55,003)— 120
Total intangible assets$628,730 $(603,196)$25,534 
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(1) Fully amortized intangible assets related to prior acquisitions are no longer presented as of March 31, 2026.
Amortization of intangible assets totaled $5.6 million, $28.9 million, and $39.4 million for the years ended March 31, 2026, 2025, and 2024, respectively.
As of March 31, 2026, the estimated future amortization expense of the Company’s intangible assets is as follows (in thousands):
Fiscal Years Ending March 31,Amount
2027$5,835 
20285,831 
20294,922 
20303,655 
20311,957 
Thereafter650 
Total$22,850