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Goodwill and Other Intangible Assets, Net
12 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net
The following summarizes the changes in the Company's goodwill and other intangible assets, net: 
Amortizable Intangibles
GoodwillCustomer RelationshipsProduction and Supply ContractsInternally Developed SoftwareLicenses (3)Trade NamesTotal
Weighted average remaining useful life in years as of March 31, 20208.663.003.9616.956.00
March 31, 2018 balance:
Gross carrying amount$27,546 $58,530 $14,893 $18,812 $30,339 $ $150,120 
Accumulated amortization (25,005)(8,774)(17,828)(243) (51,850)
Net March 31, 2018 balance27,546 33,525 6,119 984 30,096  98,270 
Additions (1) (2)
7,174 5,450  1,105 2,991 500 17,220 
Amortization expense (4,022)(1,894)(563)(1,401)(63)(7,943)
Impact of foreign currency translation(384)   (1,046) (1,430)
Net March 31, 2019 balance34,336 34,953 4,225 1,526 30,640 437 106,117 
Additions   2,468 195  2,663 
Amortization expense (4,022)(549)(691)(1,666)(63)(6,991)
Impairment(33,759)     (33,759)
Impact of foreign currency translation(577)   (1,505) (2,082)
Net March 31, 2020 balance$ $30,931 $3,676 $3,303 $27,664 $374 $65,948 
(1) Additions to goodwill, customer relationships, and trade names relate to the acquisition of Humble Juice. Additions to licenses relates to Figr East, Figr Norfolk, and Alliance One Specialty Products, LLC.
(2) Goodwill activity relates to the Other Products and Services segment.
(3) Certain of the Company's license intangibles are subject to annual renewal.

Goodwill
As of January 1, 2020, the date of the Company’s annual goodwill impairment testing for fiscal 2020, the Company allocated $2,795, $13,669, $10,933, and $7,174 of goodwill to the Leaf - North America, Leaf - Africa, Other Products and Services - Cannabis, and Other Products and Services - E-liquids reporting units, respectively. As of January 1, 2020, the estimated fair value of the Other Products and Services - E-liquids reporting unit significantly exceeded its carrying value and the estimated fair value of the Leaf - North America, Leaf - Africa, and Other Products and Services - Cannabis reporting units exceeded the carrying value by 8.9%, 3.1%, and 5.9%, respectively.

Based on the sustained decline in the implied value of the Company's long-term debt based on public trading and share price, delays in refinancing the Company's long-term debt, delays with monetizing a portion of the Figr business, as well as uncertainty in the estimate of future operating results due, in part, to the economic effects of the COVID-19 pandemic, the Company concluded that a triggering event occurred in the fourth quarter of fiscal year 2020. As a result, the Company performed a test of its goodwill for impairment (the "Year-End Test") for its reporting units as of March 31, 2020. Based on the Year-End Test, the Company recognized non-cash impairment losses to write-off the carrying values of its goodwill.

The following summarizes impairment charges to goodwill:
Year Ended
March 31, 2020
Leaf - North America$2,795 
Leaf - Other Regions13,669 
Other Products and Services - Cannabis10,121 
Other Products and Services - E-liquids7,174 
Total$33,759 
Other Intangible Assets, Net
The carrying value of other intangible assets as of March 31, 2020 represents customer relationships, production and supply contracts, internally developed software, licenses, and trade names. Amortization expense associated with finite-lived intangible assets was $6,991, $7,943, and $5,982 for the years ended March 31, 2020, 2019, and 2018, respectively.

The following summarizes the estimated intangible asset amortization expense for the next five years and beyond:
For Fiscal Years EndedCustomer RelationshipsProduction and Supply Contracts
Internally Developed Software(1)
LicensesTrade NamesTotal
2021$4,022 $870 $918 $1,747 $63 $7,620 
20224,022 1,397 846 1,745 63 8,073 
20234,022 1,397 764 1,742 63 7,988 
20244,022 12 520 1,742 63 6,359 
20254,022  255 1,689 63 6,029 
Later10,821   18,999 59 29,879 
$30,931 $3,676 $3,303 $27,664 $374 $65,948 
(1) Estimated amortization expense for the internally developed software is based on costs accumulated as of March 31, 2020. These estimates will change as new costs are incurred and until the software is placed into service in all locations.