GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Mar. 31, 2023

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Changes in Goodwill

The following table summarizes the changes in the carrying amount of goodwill for the years ended March 31, 2023, and March 31, 2022, respectively (in thousands):

	Year ended March 31, 2023									Year ended March 31, 2022
	Goodwill			Accumulated Impairment Loss			Net Carrying Amount			Goodwill			Accumulated Impairment Loss			Net Carrying Amount
Beginning balance	$	135,216		$	(8,673	)	$	126,543		$	135,318		$	(8,673	)	$	126,645
Acquisitions		9,694			-			9,694			-			-			-
Foreign currency translations		(132	)		-			(132	)		(102	)		-			(102	)
Ending balance	$	144,778		$	(8,673	)	$	136,105		$	135,216		$	(8,673	)	$	126,543

Other Intangible Assets

Our other intangible assets consist of the following as of March 31, 2023, and March 31, 2022 (in thousands):

	March 31, 2023							March 31, 2022
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Purchased intangibles	$	85,449	$	(61,376	)	$	24,073	$	77,224	$	(52,087	)	$	25,137
Capitalized software development		10,516		(9,544	)		972		10,517		(8,404	)		2,113
Total	$	95,965	$	(70,920	)	$	25,045	$	87,741	$	(60,491	)	$	27,250

Future Amortization Expense for Customer Relationships and Other Intangible assets

The following table provides the future amortization expense for customer relationships and other intangible assets as of March 31, 2023 (in thousands):

Year ending March 31, 2024	$	8,104
2025		6,235
2026		4,448
2027		2,882
2028		1,658
2029 and thereafter		746
Total	$	24,073