Goodwill and Intangibles (Tables)

9 Months Ended

Sep. 30, 2012

Goodwill and Intangibles [Abstract]

Change in the carrying amount of goodwill

The change in the carrying amount of goodwill for the six months ended September 30, 2012 is as follows (in thousands):

Balance as of March 31, 2012	$	17,233
Reduction related to disposition of product line		(2,711	)
Balance as of September 30, 2012	$	14,522

Gross carrying value of intangible assets and accumulated amortization

The gross carrying amount and accumulated amortization of other intangible assets is as follows (in thousands):

	September 30, 2012				March 31, 2012				September 30, 2011
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Tradenames and trademarks	$	12,793	$	0	$	12,793	$	0	$	12,793	$	0
Customer relationships		22,057		7,109		22,057		6,358		22,057		5,608
Non-compete		200		200		200		200		200		192
Trademarks		403		228		403		213		403		198
Patents		1,301		357		1,301		294		1,337		239
	$	36,754	$	7,894	$	36,754	$	7,065	$	36,790	$	6,237

Composition of intangibles and amortization expense

Amortization expense related to intangible assets was $415,000 and $427,000 for the quarters ended September 30, 2012 and 2011, respectively, and was $829,000 and $855,000 for the six months ended September 30, 2012 and 2011, respectively. Based on the current composition of intangibles, amortization expense for the remainder of fiscal 2013 and each of the succeeding four years is projected to be as follows (in thousands):

Remainder of fiscal 2013	$	829
Fiscal 2014		1,658
Fiscal 2015		1,639
Fiscal 2016		1,638
Fiscal 2017		1,638