Goodwill, Capitalized Software and Other Intangible Assets (Tables)

9 Months Ended

Dec. 31, 2013

Goodwill, Capitalized Software and Other Intangible Assets [Abstract]

Change in carrying amount of goodwill by reportable unit

The Company has the following reporting units: Application Performance Management (“APM”); Mainframe (“MF”); Changepoint (“CP”); Uniface (“UF”); Professional Services (“PS”); and Covisint Application Services (“AS” or “Covisint”). The changes in the carrying amount of goodwill by reporting unit during the nine months ended December 31, 2013 are summarized as follows (in thousands):

	APM		MF		CP		UF		PS		AS		Total
Goodwill as of March 31, 2013	$	469,947	$	140,557	$	22,079	$	21,280	$	42,794	$	25,385	$	722,042
Effect of foreign currency translation		13,369		-		-		-		-		-		13,369
Goodwill as of December 31, 2013	$	483,316	$	140,557	$	22,079	$	21,280	$	42,794	$	25,385	$	735,411

Components of capitalized software and other intangible assets

The components of the Company’s capitalized software and other intangible assets are as follows (in thousands):

	As of December 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Unamortized intangible assets:
Trademarks	$	4,394				$	4,394
Amortized intangible assets:
Capitalized software
Internally developed		262,752	$	(199,872	)		62,880
Purchased		131,395		(114,425	)		16,970
Customer relationship		52,232		(28,387	)		23,845
Other		20,513		(18,954	)		1,559
Total amortized intangible assets	$	466,892	$	(361,638	)	$	105,254
	As of March 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Unamortized intangible assets:
Trademarks	$	4,428				$	4,428
Amortized intangible assets:
Capitalized software
Internally developed		243,872	$	(184,732	)		59,140
Purchased		165,117		(142,453	)		22,664
Customer relationship		52,036		(25,281	)		26,755
Other		19,884		(16,208	)		3,676
Total amortized intangible assets	$	480,909	$	(368,674	)	$	112,235

Amortization expense of capitalized software, customer relationship and other intangible assets

Amortization expense of capitalized software, customer relationship and other intangible assets was as follows (in thousands):

	Three Months Ended December 31,				Nine Months Ended December 31,
	2013		2012		2013		2012
Amortized intangible assets:
Capitalized software
Internally developed	$	5,219	$	3,965	$	15,141	$	11,228
Purchased		1,988		2,420		6,749		7,199
Customer relationship		1,034		1,045		3,097		3,130
Other		770		826		2,302		2,643
Total amortization expense	$	9,011	$	8,256	$	27,289	$	24,200

Expected future annual amortization expense

Based on the capitalized software, customer relationship and other intangible assets recorded through December 31, 2013, the annual amortization expense over the next five fiscal years and thereafter is expected to be as follows (in thousands):

	Fiscal Year Ended March 31,
	2014		2015		2016		2017		2018		Thereafter
Amortized intangible assets:
Capitalized software	$	29,721	$	26,995	$	23,341	$	13,402	$	6,431	$	1,850
Customer relationship		4,133		4,142		4,142		3,977		3,833		6,715
Other		3,082		779		-		-		-		-
Total amortization expense	$	36,936	$	31,916	$	27,483	$	17,379	$	10,264	$	8,565