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
Intangible assets as of June 30, 2026 and March 31, 2026 consisted of the following (in thousands):
June 30, 2026
Gross Carrying AmountAccumulated AmortizationNet Book Value
Purchased software$889 $(714)$175 
Internally developed software5,180(1,719)3,461 
In-place lease and other intangibles1,094(580)514 
Customer relationships53,230(3,129)50,102 
Patents1,139(1,118)21 
Government contracts718 (369)349 
Tradenames1,238 (88)1,150 
Other1,318(950)368 
64,806(8,667)56,140
In-process software943943
Intangible assets, total$65,749 $(8,667)$57,083 
March 31, 2026
Gross Carrying AmountAccumulated AmortizationNet Book Value
Purchased software$889 $(681)$208 
Internally developed software5,196(1,574)3,622
In-place lease and other intangibles1,094(557)537
Customer relationships8,446(2,707)5,739
Patents1,139(1,118)21
Government contracts716 (195)521 
Tradenames1,233 (46)1,187 
Other1,551(1,168)383
20,264(8,046)12,218
In-process software811811
Intangible assets, total$21,075 $(8,046)$13,029 
Schedule of Estimated Annual Amortization Expense
Based on the intangible assets recorded at June 30, 2026 and assuming no subsequent additions to, or impairment of the underlying assets, and no changes in foreign currency exchange rates. the remaining estimated annual amortization expense is as follows (in thousands):
Year ending March 31,Amortization Expense
2027 (excluding the three months ended June 30, 2026)$6,892 
20288,657
20298,567
20308,559
20315,646
20324,705
Thereafter13,114 
$56,140 
Schedule of Goodwill
Goodwill for relevant segments and corporate and other, at original cost, consists of the following (in thousands):
June 30, 2026March 31, 2026
Overnight air cargo$1,113 $1,113 
Commercial aircraft, engines and parts4,227 4,227 
Digital solutions6,446 6,478 
Aviation leasing and asset management7,806 — 
Total reportable segment goodwill, at cost19,592 11,818 
Corporate and other376 376 
Less accumulated impairment(376)(376)
Goodwill, net of impairment$19,592 $11,818