v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
 3 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Finite-Lived Intangible Assets
The following table summarizes identifiable intangible assets of the Company as of March 31, 2026 and June 30, 2026 (in thousands):

June 30, 2026
Useful Lives
(In Years)
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-lived:
Customer relationships
9 - 13
$214,972 $(46,099)$168,873 
Trademark and tradename
3 - 15
23,926 (8,956)14,970 
Patents
7 - 11
2,128 (1,086)1,042 
Technology
5 - 7
86,252 (36,243)50,009 
Software to be sold or leased
3 - 7
27,295 (8,421)18,874 
354,573 (100,805)253,768 
Indefinite-lived:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$354,738 $(100,805)$253,933 

March 31, 2026
Useful 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 
Schedule of Indefinite-Lived Intangible Assets
The following table summarizes identifiable intangible assets of the Company as of March 31, 2026 and June 30, 2026 (in thousands):

June 30, 2026
Useful Lives
(In Years)
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-lived:
Customer relationships
9 - 13
$214,972 $(46,099)$168,873 
Trademark and tradename
3 - 15
23,926 (8,956)14,970 
Patents
7 - 11
2,128 (1,086)1,042 
Technology
5 - 7
86,252 (36,243)50,009 
Software to be sold or leased
3 - 7
27,295 (8,421)18,874 
354,573 (100,805)253,768 
Indefinite-lived:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$354,738 $(100,805)$253,933 

March 31, 2026
Useful 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 
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:

Fiscal YearEstimated Future Amortization Expense
2027 (remaining)$31,760 
202841,183 
202932,364 
203023,898 
203117,818 
Thereafter106,745 
$253,768 
Schedule of Goodwill
The following table is a reconciliation of the carrying amount of goodwill as of March 31, 2026 and June 30, 2026 (in thousands):

GoodwillCarrying Amount
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 
Foreign currency translation difference9,067 
Balance at June 30, 2026
$421,062