Goodwill and Acquired Intangible Assets

3 Months Ended

Jun. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangible Assets

Note 5 — Goodwill and Acquired Intangible Assets

During the three months ended June 30, 2019, the decrease in the Company’s goodwill related to the effects of foreign currency translation recorded within all three of the Company’s segments. During the three months ended June 30, 2018, the increase in the Company’s goodwill related to an insignificant acquisition, partially offset by the effects of foreign currency translation recorded within all three of the Company’s segments.

Other acquired intangible assets are amortized using the straight-line method over their estimated useful lives of two to ten years. Amortization expense related to other acquired intangible assets was $2.0 million and $2.5 million for the three months ended June 30, 2019 and 2018, respectively.

The expected amortization expense of amortizable acquired intangible assets may change due to the effects of foreign currency fluctuations as a result of international businesses acquired. Current and expected amortization expense for acquired intangible assets for each of the following periods is as follows:

	Amortization
	(In thousands)
For the three months ended June 30, 2019	$	2,037
Expected for the remainder of fiscal year 2020	$	5,556
Expected for fiscal year 2021		5,118
Expected for fiscal year 2022		3,295
Expected for fiscal year 2023		2,990
Expected for fiscal year 2024		2,471
Thereafter		924
	$	20,354