v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
 12 Months Ended
Mar. 31, 2026
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, 2025 and March 31, 2026 (in thousands):

March 31, 2026Useful Lives (In Years)Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-lived:
Customer relationships
9 - 13
$213,107 $(40,868)$172,239 
Trademark and tradename
3 - 15
23,637 (8,291)15,346 
Patents
7 - 11
2,128 (961)1,167 
Technology
3 - 5
85,187 (36,165)49,022 
Software to be sold or leased
3 - 5
22,875 (5,296)17,579 
346,934 (91,581)255,353 
Indefinite-lived:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$347,099 $(91,581)$255,518 

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 
Schedule of Indefinite-Lived Intangible Assets
The following table summarizes identifiable intangible assets of the Company as of March 31, 2025 and March 31, 2026 (in thousands):

March 31, 2026Useful Lives (In Years)Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-lived:
Customer relationships
9 - 13
$213,107 $(40,868)$172,239 
Trademark and tradename
3 - 15
23,637 (8,291)15,346 
Patents
7 - 11
2,128 (961)1,167 
Technology
3 - 5
85,187 (36,165)49,022 
Software to be sold or leased
3 - 5
22,875 (5,296)17,579 
346,934 (91,581)255,353 
Indefinite-lived:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$347,099 $(91,581)$255,518 

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 
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,
2027$47,232 
202840,746 
202931,234 
203024,228 
203118,940 
Thereafter92,973 
$255,353 
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 
Businesses acquired
Powerfleet Africa Sky552 
RTS Acquisition5,637 
Foreign currency translation difference22,660 
Balance at March 31, 2026$411,995