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ACQUISITIONS: (Tables)
12 Months Ended
Mar. 31, 2013
ACQUISITIONS:  
Schedule of allocation of the purchase prices to assets acquired and liabilities assumed

The following table shows the allocation of GoDigital and XYZ purchase prices to assets acquired and liabilities assumed (dollars in thousands):

 

 

 

GoDigital

 

XYZ

 

Assets acquired:

 

 

 

 

 

Cash

 

$

776

 

$

547

 

Goodwill

 

15,546

 

1,446

 

Other intangible assets

 

6,500

 

779

 

Other current and noncurrent assets

 

1,178

 

184

 

 

 

24,000

 

2,956

 

Accounts payable, accrued expenses and capital leases assumed

 

2,091

 

120

 

Net assets acquired

 

21,909

 

2,836

 

Less:

 

 

 

 

 

Cash acquired

 

776

 

547

 

Earnout liability

 

3,611

 

532

 

Noncontrolling interest

 

6,573

 

 

Net cash paid

 

$

10,949

 

$

1,757

 

Schedule of amortization activity of intangible assets

The following table shows the amortization activity of purchased intangible assets (dollars in thousands):

 

 

 

2013

 

2012

 

2011

 

Developed technology assets, gross

 

$

18,014

 

$

18,417

 

$

21,165

 

Accumulated amortization

 

(17,881

)

(17,557

)

(15,679

)

Net developed technology assets

 

$

133

 

$

860

 

$

5,486

 

 

 

 

 

 

 

 

 

Customer/trademark assets, gross

 

$

18,823

 

$

24,946

 

$

25,042

 

Accumulated amortization

 

(18,259

)

(23,421

)

(18,146

)

Net customer/trademark assets

 

$

564

 

$

1,525

 

$

6,896

 

 

 

 

 

 

 

 

 

Total intangible assets, gross

 

$

36,837

 

$

43,363

 

$

46,207

 

Total accumulated amortization

 

(36,140

)

(40,978

)

(33,825

)

Net intangible assets

 

$

697

 

$

2,385

 

$

12,382

 

 

 

 

 

 

 

 

 

Amortization expense

 

$

1,671

 

$

5,512

 

$

6,950