Goodwill and Acquired Intangible Assets

9 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangible Assets

Note 5 — Goodwill and Acquired Intangible Assets

During each of the nine months ended December 31, 2025 and 2024, the Company’s goodwill remained flat year-over-year.

Goodwill by segments as of December 31, 2025 and March 31, 2025 was as follows:

	As of  December 31, 2025		As of  March 31, 2025
	(In thousands)
Communication services	$	1,585,687	$	1,582,083
Defense and advanced technologies		40,588		40,049
Total	$	1,626,275	$	1,622,132

Acquired intangible assets are amortized using the straight-line method over their estimated useful lives of two to 12 years (which approximates the economic pattern of benefit). Amortization expense related to acquired intangible assets was $64.8 million and $65.8 million for the three months ended December 31, 2025 and 2024, respectively, and $195.6 million and $198.1 million for the nine months ended December 31, 2025 and 2024, respectively.