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Goodwill and Intangible Assets (Tables)
3 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets  
Schedule of changes in goodwill balances

    

June 30, 2020

March 31, 2020

Beginning balance

 

$

296,493

$

279,543

Goodwill arising from acquisitions

27,316

Purchase price adjustment

(4,526)

Foreign currency translation adjustments

(224)

(10,366)

Ending balance

 

$

291,743

$

296,493

Schedule of intangible asset carrying amounts acquired and amortization

The following are details of the Company’s intangible asset carrying amounts acquired and amortization at:

June 30, 2020

Weighted

Gross

Net

Average Useful Life

Carrying

Accumulated

Carrying

    

at Acquisition

    

Amount

    

Amortization

    

Amount

Amortizable intangible assets:

Customer relationships

 

10.6

$

176,645

$

50,839

$

125,806

Trademark

 

2.0

900

900

Technology

 

5.0

500

500

Other

 

5.0

1,214

253

961

 

10.5

$

179,259

$

52,492

$

126,767

March 31, 2020

Weighted

Gross

Net

Average Useful Life

Carrying

Accumulated

Carrying

    

at Acquisition

    

Amount

    

Amortization

    

Amount

Amortizable intangible assets:

Customer relationships

 

10.6

$

176,373

$

46,494

$

129,879

Trademark

 

2.0

900

900

Technology

 

5.0

500

500

Other

 

5.0

1,214

190

1,024

 

10.5

$

178,987

$

48,084

$

130,903