XML 74 R36.htm IDEA: XBRL DOCUMENT v3.19.1
GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)
12 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Details of acquired intangible assets
The following table shows the fair value of the separately identifiable intangible assets at the time of acquisition and the period over which each intangible asset will be amortized:

(in thousands, except for remaining life)
 
Fair Value
 
Weighted-Average Amortization Period
Existing technology
 
$
538,600

 
4.95
Customer relationships
 
245,100

 
5.46
Trade name/Trademarks
 
115,600

 
9.00
Backlog
 
28,100

 
0.25
Total amortizable intangible assets acquired
 
927,400

 
5.45
In-process research and development
 
58,000

 
 
Total acquired intangible assets
 
$
985,400

 
 
The carrying value of other intangible assets, excluding fully amortized intangible assets as of March 31, 2019, is set forth in the following table:
(in thousands)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted Average Remaining Useful Life
Amortizing Assets
 
 
 
 
 
 
 
 
Existing technology
 
$
566,881

 
$
86,301

 
$
480,580

 
4.2 years
Customer relationships
 
245,481

 
36,245

 
209,236

 
4.8 years
Trade name
 
115,600

 
9,633

 
105,967

 
8.3 years
Non-amortizing assets
 
 
 
 
 
 
 
 
In-process R&D
 
29,892

 

 
29,892

 
N/A
Total intangible assets
 
$
957,854

 
$
132,179

 
$
825,675

 
4.9 years
Details of acquired intangible assets
The following table shows the fair value of the separately identifiable intangible assets at the time of acquisition and the period over which each intangible asset will be amortized:

(in thousands, except for remaining life)
 
Fair Value
 
Weighted-Average Amortization Period
Existing technology
 
$
538,600

 
4.95
Customer relationships
 
245,100

 
5.46
Trade name/Trademarks
 
115,600

 
9.00
Backlog
 
28,100

 
0.25
Total amortizable intangible assets acquired
 
927,400

 
5.45
In-process research and development
 
58,000

 
 
Total acquired intangible assets
 
$
985,400

 
 
The carrying value of other intangible assets, excluding fully amortized intangible assets as of March 31, 2019, is set forth in the following table:
(in thousands)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted Average Remaining Useful Life
Amortizing Assets
 
 
 
 
 
 
 
 
Existing technology
 
$
566,881

 
$
86,301

 
$
480,580

 
4.2 years
Customer relationships
 
245,481

 
36,245

 
209,236

 
4.8 years
Trade name
 
115,600

 
9,633

 
105,967

 
8.3 years
Non-amortizing assets
 
 
 
 
 
 
 
 
In-process R&D
 
29,892

 

 
29,892

 
N/A
Total intangible assets
 
$
957,854

 
$
132,179

 
$
825,675

 
4.9 years
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of March 31, 2019, expected amortization expense for other intangible assets for each of the next five years and thereafter is as follows:

in thousands
 
Amount
2020
 
$
179,253

2021
 
174,411

2022
 
160,128

2023
 
156,419

2024
 
75,012

Thereafter
 
50,103

 
 
$
795,326