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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
9 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Components and Changes in Other Intangible Assets

As of December 31, 2023 and March 31, 2023, the components of, and changes in, the carrying amount of other intangible assets, net, were as follows (dollars in thousands):

 

 

 

December 31, 2023

 

 

March 31, 2023

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

 

Weighted
Average
Useful Life

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

Amortized Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

2,521

 

 

$

(2,005

)

 

$

516

 

 

 

8.3

 

 

$

2,521

 

 

$

(1,930

)

 

$

591

 

Licenses

 

 

58

 

 

 

(58

)

 

 

 

 

 

 

 

 

58

 

 

 

(58

)

 

 

 

Trade name and trademarks

 

 

464

 

 

 

(140

)

 

 

324

 

 

 

3.7

 

 

 

464

 

 

 

(73

)

 

 

391

 

Customer relationships

 

 

5,509

 

 

 

(4,307

)

 

 

1,202

 

 

 

3.3

 

 

 

5,509

 

 

 

(3,914

)

 

 

1,595

 

Vendor relationships

 

 

2,600

 

 

 

(461

)

 

 

2,139

 

 

 

6.0

 

 

 

2,600

 

 

 

(183

)

 

 

2,417

 

Developed technology

 

 

900

 

 

 

(900

)

 

 

 

 

 

 

 

 

900

 

 

 

(900

)

 

 

 

Total Amortized Intangible Assets

 

$

12,052

 

 

$

(7,871

)

 

$

4,181

 

 

 

5.3

 

 

$

12,052

 

 

$

(7,058

)

 

$

4,994

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade name and trademarks

 

$

1,010

 

 

$

 

 

$

1,010

 

 

 

 

 

$

1,010

 

 

$

 

 

$

1,010

 

Total Non-Amortized Intangible Assets

 

$

1,010

 

 

$

 

 

$

1,010

 

 

 

 

 

$

1,010

 

 

$

 

 

$

1,010

 

Summary of Estimated Amortization Expense

The estimated amortization expense for the remainder of fiscal 2024, the next five fiscal years and beyond is shown below (dollars in thousands):

 

Fiscal 2024 (period remaining)

 

$

272

 

Fiscal 2025

 

 

1,083

 

Fiscal 2026

 

 

845

 

Fiscal 2027

 

 

587

 

Fiscal 2028

 

 

516

 

Fiscal 2029

 

 

469

 

Thereafter

 

 

409

 

Total

 

$

4,181