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Intangible Assets
12 Months Ended
Mar. 31, 2013
Intangible Assets  
Intangible Assets

5. Intangible Assets

        Intangible assets consisted of the following (in thousands):

 
  March 31, 2013  
 
  Weighted
Average
Amortization
Period
  Intangible
Assets,
Gross
  Accumulated
Amortization
  Intangible
Assets,
Net
 

Manufacturing license

  17 years   $ 3,700   $ 3,487   $ 213  

Technology

  10 years     2,240     709     1,531  

Parts and service customer relationships

  5 years     1,080     684     396  

TA100 customer relationships

  2 years     617     617      

Backlog

  Various     490     317     173  

Trade name

  1.2 years     69     69      
                   

Total

      $ 8,196   $ 5,883   $ 2,313  
                   


 

 
  March 31, 2012  
 
  Weighted
Average
Amortization
Period
  Intangible
Assets,
Gross
  Accumulated
Amortization
  Intangible
Assets,
Net
 

Manufacturing license

  17 years   $ 3,700   $ 3,437   $ 263  

Technology

  10 years     2,240     485     1,755  

Parts and service customer relationships

  5 years     1,080     468     612  

TA100 customer relationships

  2 years     617     617      

Backlog

  Various     490     309     181  

Trade name

  1.2 years     69     69      
                   

Total

      $ 8,196   $ 5,385   $ 2,811  
                   

        Amortization expense for the intangible assets was $0.5 million, $0.8 million, and $1.1 million for the years ended March 31, 2013, 2012 and 2011.

        Expected future amortization expense of intangible assets as of March 31, 2013 is as follows (in thousands):

Year Ending March 31,
  Amortization
Expense
 

2014

  $ 582  

2015

    532  

2016

    273  

2017

    273  

2018

    242  

Thereafter

    411  
       

Total expected future amortization

  $ 2,313  
       

        The manufacturing license provides the Company with the ability to manufacture recuperator cores previously purchased from Solar Turbines Incorporated ("Solar"). The Company is required to pay a per-unit royalty fee over a seventeen-year period for cores manufactured and sold by the Company using the technology. Royalties of approximately $76,700, $72,800, and $62,800 were earned by Solar for the years ended March 31, 2013, 2012 and 2011, respectively. Earned royalties of approximately $24,600 and $17,500 were unpaid as of March 31, 2013 and 2012, respectively, and are included in accrued expenses in the accompanying balance sheets.