Intangible Assets, Net

12 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

The following tables summarize the Company's intangible assets as of the periods indicated:


	Useful Lives from Date of Acquisitions (in years)	As of March 31, 2023
		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Intangible assets subject to amortization:
Technology	5-7	$	2,536	$	(2,503)	$	33
Customer relationships	2-6	8,711		(4,377)		4,334
Lease-related intangible assets	1-15	1,664		(1,542)		122
Total		$	12,911	$	(8,422)	$	4,489
Indefinite-lived intangible assets						4,451
Intangible assets, net						$	8,940


	Useful Lives from Date of Acquisitions (in years)	As of March 31, 2022
		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Intangible assets subject to amortization:
Technology	5-7	$	2,536	$	(2,103)	$	433
Customer relationships	2-6	8,552		(2,893)		5,659
Lease-related intangible assets	1-15	9,112		(8,892)		220
Other	5-10	475		(427)		48
Total		$	20,675	$	(14,315)	$	6,360
Indefinite-lived intangible assets						4,220
Intangible assets, net						$	10,580


	Useful Lives from Date of Acquisitions (in years)	As of December 31, 2021
		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Intangible assets subject to amortization:
Technology	5-7	$	2,536	$	(2,003)	$	533
Customer relationships	2-6	8,567		(2,552)		6,015
Lease-related intangible assets	1-15	8,852		(8,602)		250
Other	5-10	475		(415)		60
Total		$	20,430	$	(13,572)	$	6,858
Indefinite-lived intangible assets						4,152
Intangible assets, net						$	11,010

Amortization expense, which is included in selling, general and administrative expenses, was $1.9 million for Fiscal 2023 (Fiscal 2021: $2.0 million; Fiscal 2020: $7.0 million; Transition Period: $0.5 million).

During Fiscal 2023, the Company reduced the gross carrying amount and related accumulated amortization of certain of its lease-related and other intangible assets by $8.3 million as a result of such assets being fully amortized and no longer in use.

The following is the estimated amortization expense for the Company's intangible assets as of March 31, 2023:


Fiscal year ending March 31,
2024	$	1,561
2025	1,522
2026	1,397
2027	9
2028 and thereafter	—
Total amortization expense of intangible assets	$	4,489