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OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Mar. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Amortizable Intangible Assets

Amortizable intangible assets are amortized over their estimated economic useful life to reflect the pattern of economic benefits consumed based upon the following lives and methods:

 

Patents

 

10-17 years

 

Straight-line

Licenses

 

7-13 years

 

Straight-line

Customer relationships

 

5-8 years

 

Accelerated based upon the pattern of economic benefits

consumed

Developed technology

 

8 years

 

Accelerated based upon the pattern of economic benefits

consumed

Non-competition agreements

 

5 years

 

Straight-line

Summary of Components and Changes in Other Intangible Assets

The components of, and changes in, the carrying amount of other intangible assets were as follows (dollars in thousands):

 

 

 

March 31, 2019

 

 

March 31, 2018

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

 

Patents

 

$

2,667

 

 

$

(1,529

)

 

$

1,138

 

 

$

2,636

 

 

$

(1,370

)

 

$

1,266

 

Licenses

 

 

58

 

 

 

(58

)

 

 

 

 

 

58

 

 

 

(58

)

 

 

 

Trade name and trademarks

 

 

1,007

 

 

 

 

 

 

1,007

 

 

 

1,005

 

 

 

 

 

 

1,005

 

Customer relationships

 

 

3,600

 

 

 

(3,459

)

 

 

141

 

 

 

3,600

 

 

 

(3,326

)

 

 

274

 

Developed technology

 

 

900

 

 

 

(717

)

 

 

183

 

 

 

900

 

 

 

(582

)

 

 

318

 

Non-competition agreements

 

 

 

 

 

 

 

 

 

 

 

100

 

 

 

(95

)

 

 

5

 

Total

 

$

8,232

 

 

$

(5,763

)

 

$

2,469

 

 

$

8,299

 

 

$

(5,431

)

 

$

2,868

 

Summary of Estimated Amortization Expense The estimated amortization expense for each of the next five years is shown below (dollars in thousands): 

 

Fiscal 2020

 

$

363

 

Fiscal 2021

 

 

288

 

Fiscal 2022

 

 

191

 

Fiscal 2023

 

 

100

 

Fiscal 2024

 

 

96

 

Thereafter

 

 

424

 

 

 

$

1,462

 

 

Amortization expense is set forth in the following table (dollars in thousands):

 

 

 

Fiscal Year Ended March 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Amortization included in cost of sales:

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

171

 

 

$

159

 

 

$

158

 

Total

 

$

171

 

 

$

159

 

 

$

158

 

Amortization included in operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

133

 

 

$

272

 

 

$

542

 

Developed technology

 

 

135

 

 

 

156

 

 

 

161

 

Non-competition agreements

 

 

5

 

 

 

20

 

 

 

20

 

Patents

 

 

 

 

 

 

 

 

 

Total

 

 

273

 

 

 

448

 

 

 

723

 

Total amortization of intangible assets

 

$

444

 

 

$

607

 

 

$

881