| Schedule of Intangible assets |
Intangible assets are comprised of the following:
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Weighted Average Amortization Period |
|
Gross Carrying Amount |
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|
Accumulated Amortization |
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|
Net Carrying Amount |
|
At March 31, 2026 |
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|
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Intangibles subject to amortization: |
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|
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Customer relationships |
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8 - 20 years |
|
$ |
19,600 |
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|
$ |
4,228 |
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|
$ |
15,372 |
|
Technology and technical know-how |
|
9 - 20 years |
|
|
26,550 |
|
|
|
3,318 |
|
|
|
23,232 |
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Tradename |
|
3 years |
|
|
300 |
|
|
|
242 |
|
|
|
58 |
|
|
|
|
|
$ |
46,450 |
|
|
$ |
7,788 |
|
|
$ |
38,662 |
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|
|
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|
|
|
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Intangibles not subject to amortization: |
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Goodwill |
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Indefinite |
|
$ |
38,078 |
|
|
$ |
— |
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|
$ |
38,078 |
|
Tradename |
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Indefinite |
|
|
13,400 |
|
|
|
— |
|
|
|
13,400 |
|
|
|
|
|
$ |
51,478 |
|
|
$ |
— |
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|
$ |
51,478 |
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|
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|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Amortization Period |
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
At March 31, 2025 |
|
|
|
|
|
|
|
|
|
|
|
Intangibles subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
Customer relationships |
|
8 - 20 years |
|
$ |
16,200 |
|
|
$ |
3,041 |
|
|
$ |
13,159 |
|
Technology and technical know-how |
|
10 - 20 years |
|
|
12,600 |
|
|
|
2,290 |
|
|
|
10,310 |
|
Backlog |
|
4 years |
|
|
3,900 |
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|
|
3,900 |
|
|
|
— |
|
Tradename |
|
3 years |
|
|
300 |
|
|
|
142 |
|
|
|
158 |
|
|
|
|
|
$ |
33,000 |
|
|
$ |
9,373 |
|
|
$ |
23,627 |
|
|
|
|
|
|
|
|
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Intangibles not subject to amortization: |
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|
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|
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|
|
|
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|
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Goodwill |
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Indefinite |
|
$ |
25,520 |
|
|
$ |
— |
|
|
$ |
25,520 |
|
Tradename |
|
Indefinite |
|
|
6,700 |
|
|
|
— |
|
|
|
6,700 |
|
|
|
|
|
$ |
32,220 |
|
|
$ |
— |
|
|
$ |
32,220 |
|
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| Schedule of Estimated Annual Amortization Expense |
The estimated annual amortization expense is as follows:
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Annual Amortization |
|
2027 |
|
$ |
3,780 |
|
2028 |
|
|
3,721 |
|
2029 |
|
|
3,721 |
|
2030 |
|
|
3,721 |
|
2031 |
|
|
3,721 |
|
2032 and thereafter |
|
|
19,998 |
|
Total intangible amortization |
|
$ |
38,662 |
|
|