Goodwill and Intangible Assets

6 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Goodwill

Changes in the carrying amount of goodwill, net, by segment follow:

	ODM		IAM-A		IAM-F		Consolidated
Goodwill as of March 31, 2021	$	80,176	$	—	$	—	$	80,176
Purchase of AdColony	—		200,875		—		200,875
Purchase of Fyber	—		—		300,705		300,705
Foreign currency translation and other	—		(6,544)		(16,179)		(22,723)
Goodwill as of September 30, 2021	$	80,176	$	194,331	$	284,526	$	559,033

Intangible Assets

The components of intangible assets as of September 30, 2021, and March 31, 2021, were as follows:

	As of September 30, 2021
	(Unaudited)
	Weighted-Average Remaining Useful Life	Cost		Accumulated Amortization		Net
Customer relationships	12.57 years	$	176,286	$	(11,850)	$	164,436
Developed technology	6.76 years	153,839		(18,792)		135,047
Trade names	6.69 years	68,959		(4,000)		64,959
Publisher relationships	19.25 years	104,954		(1,868)		103,086
Total		$	504,038	$	(36,510)	$	467,528

	As of March 31, 2021
	Weighted-Average Remaining Useful Life	Cost		Accumulated Amortization		Net
Customer relationships	16.81 years	$	46,400	$	(4,171)	$	42,229
Developed technology	9.12 years	20,526		(11,141)		9,385
Trade names	9.92 years	2,000		(314)		1,686
Total		$	68,926	$	(15,626)	$	53,300

The Company recorded amortization expense of $13,999 and $21,100, respectively, during the three and six months ended September 30, 2021, and $670 and $1,341, respectively, during the three and six months ended September 30, 2020, in general and administrative expenses on the condensed consolidated statements of operations and comprehensive income.

Estimated amortization expense in future fiscal years is expected to be:

Remainder of fiscal year 2022	$	27,550
Fiscal year 2023	55,101
Fiscal year 2024	55,101
Fiscal year 2025	46,821
Fiscal year 2026	44,878
Thereafter	238,077
Total	$	467,528