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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Value of Goodwill by Reportable Segment

The following is a summary of the changes in the carrying value of goodwill by reportable segment, for the fiscal years ended March 31, 2024 and 2023:

 

 

 

 

 

 

 

 

 

Systems & Support

 

March 31, 2023

 

 

 

 

 

 

 

$

509,449

 

Effect of exchange rate changes

 

 

 

 

 

 

 

 

1,238

 

March 31, 2024

 

 

 

 

 

 

 

$

510,687

 

 

 

 

 

 

 

 

 

 

Systems & Support

 

March 31, 2022

 

 

 

 

 

 

 

$

513,722

 

Effect of exchange rate changes

 

 

 

 

 

 

 

 

(4,273

)

March 31, 2023

 

 

 

 

 

 

 

$

509,449

 

Schedule of Components of Intangible Assets

The components of intangible assets, net are as follows:

 

 

 

March 31, 2024

 

 

 

Weighted-
Average Life
(in Years)

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

Customer relationships

 

 

18.6

 

 

 

154,885

 

 

 

(90,888

)

 

 

63,997

 

Product rights, technology and licenses

 

 

12.1

 

 

 

33,927

 

 

 

(32,934

)

 

 

993

 

Other

 

 

30.0

 

 

 

300

 

 

 

(227

)

 

 

73

 

Total intangibles, net

 

 

 

 

$

189,112

 

 

$

(124,049

)

 

$

65,063

 

 

 

 

March 31, 2023

 

 

 

Weighted-
Average Life
(in Years)

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

Customer relationships

 

 

18.6

 

 

 

154,679

 

 

 

(82,060

)

 

 

72,619

 

Product rights, technology and licenses

 

 

11.4

 

 

 

52,990

 

 

 

(51,794

)

 

 

1,196

 

Other

 

 

30.0

 

 

 

300

 

 

 

(217

)

 

 

83

 

Total intangibles, net

 

 

 

 

$

207,969

 

 

$

(134,071

)

 

$

73,898