GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Mar. 31, 2025

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, 2025, and March 31, 2024, respectively (in thousands):

	Product		Professional Services		Managed Services		Total
Balance, March 31, 2023 (1)		106497	$	19,712	$	9,896	$	136,105
Acquisitions		22,586		2,780		-		25,366
Foreign currency translations		25		5		2		32
Balance, March 31, 2024 (1)	$	129,108	$	22,497	$	9,898	$	161,503
Acquisitions		30		41,275		-		41,305
Foreign currency translations		39		7		4		50
Balance, March 31, 2025 (1)	$	129,177	$	63,779	$	9,902	$	202,858

(1)

Balance is net of $8,673 thousand in accumulated impairments that were recorded in segments that preceded our current segment organization.

Other Intangible Assets

The following table provides the composition of our purchased intangible assets as of March 31, 2025, and March 31, 2024 (in thousands):

	March 31, 2025							March 31, 2024
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	167,093	$	(93,085	)	$	74,008	$	117,682	$	(73,870	)	$	43,812
Trade names and other		11,459		(3,500	)		7,959		2,798		(2,725	)		73
Total	$	178,552	$	(96,585	)	$	81,967	$	120,480	$	(76,595	)	$	43,885

Future Amortization Expense for Purchased Intangibles

The following table provides the future amortization expense for purchased intangibles as of March 31, 2025 (in thousands):

Year ending March 31, 2026	$	20,623
2027		16,909
2028		13,537
2029		10,379
2030		7,774
2031 and thereafter		12,745
Total	$	81,967