XML 54 R36.htm IDEA: XBRL DOCUMENT v3.25.1
ACQUISITIONS (Tables)
12 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition The acquisition date fair value of the consideration for Habu was approximately $173.4 million, which consisted of the following (dollars in thousands):
Cash, net of $971 cash acquired
$170,281 
Restricted cash held in escrow2,600 
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred$493 
Total fair value of consideration transferred$173,374 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):
January 31, 2024
Assets acquired:
Cash$971 
Goodwill141,641 
Intangible assets33,500 
Other current and noncurrent assets3,815 
Total assets acquired179,927 
Accounts payable and accrued expenses(1,460)
Deferred revenue(3,573)
Other current and noncurrent liabilities(549)
Net assets acquired174,345 
Less:
Cash acquired(971)
Net purchase price allocated173,374 
Less:
Restricted cash held in escrow(2,600)
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred(493)
Net cash paid in acquisition170,281 
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):
Useful life
Fair value(in years)
Developed technology$30,000 3
Customer relationships3,000 3
Trade names500 1
Total intangible assets$33,500