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Intangible Assets
12 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
Intangible assets at March 31, 2018 and 2017 consisted of the following (in thousands):
 
2018
 
2017
 
 
 
Gross
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
Gross
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
Estimated
Useful Life
Licenses
$
4,322

 
$
(4,322
)
 
$

 
$
4,422

 
$
(4,134
)
 
$
288

 
7
Core technology and know-how
8,703

 
(5,473
)
 
3,230

 
4,806

 
(4,793
)
 
13

 
5-10
Intangible assets
$
13,025

 
$
(9,795
)
 
$
3,230

 
$
9,228

 
$
(8,927
)
 
$
301

 
 

 
The Company recorded intangible amortization expense of $0.5 million, $0.6 million, and $0.6 million for the fiscal years ended March 31, 2018, 2017, and 2016, respectively.
Expected future amortization expense related to intangible assets is as follows (in thousands):
Fiscal years ending March 31,
Total
2019
340

2020
340

2021
340

2022
340

2023
340

Thereafter
1,530

Total
$
3,230


 
The geographic composition of intangible assets is as follows (in thousands):
 
March 31,
 
2018
 
2017
Intangible assets by geography:
 
 
 
U.S.
$
3,230

 
$
301

Total
$
3,230

 
$
301


 
The business segment composition of intangible assets is as follows (in thousands):
 
March 31,
 
2018
 
2017
Intangible assets by business segments:
 
 
 
Grid
$
3,230

 
$
301

Total
$
3,230

 
$
301