GOODWILL AND INTANGIBLE ASSETS, NET

12 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS, NET

GOODWILL AND INTANGIBLE ASSETS, NET

Goodwill

    The change in our goodwill balance is as follows:

	Total
Balance at March 31, 2020	$	386,494
Acquisition of Playdots, Inc.	119,069
Additions from immaterial acquisitions	13,260
Currency translation adjustment	16,483
Balance at March 31, 2021	$	535,306
Acquisition of Nordeus (see Note 22)	115,517
Additions from immaterial acquisitions	35,305
Currency translation adjustment	(11,574)
Balance at March 31, 2022	$	674,554

Intangibles

    The following table sets forth the intangible assets that are subject to amortization:

	March 31,
	2022						2021
	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value		Weighted average useful life
Intellectual property	$	229,840	$	(42,308)	$	187,532	$	41,077	$	(14,542)	$	26,535	6 years
Developed game technology	152,488		(83,231)		69,257		143,628		(62,667)		80,961		8 years
Branding and trade names	11,061		(3,545)		7,516		8,245		(2,245)		6,000		8 years
Lease-in-place	2,296		(659)		1,637		—		—		—		4 years
User base	9,400		(8,867)		533		6,200		(3,617)		2,583		1 year
Analytics technology	30,687		(30,687)		—		32,768		(27,256)		5,512		0 years
Total intangible assets	$	435,772	$	(169,297)	$	266,475	$	231,918	$	(110,327)	$	121,591	5 years

    Amortization of intangible assets is included in our Consolidated Statements of Operations as follows:

	Fiscal Year Ended March 31,
	2022		2021		2020
Cost of goods sold	$	52,023	$	21,199	$	14,325
Selling and marketing	5,250		3,617		—
Research and development	5,489		6,663		6,180
Depreciation and amortization	2,055		762		485
Total amortization of intangible assets	$	64,817	$	32,241	$	20,990

    Estimated future amortization of intangible assets that will be recorded in cost of goods sold and operating expenses for the years ending March 31, are as follows:

Fiscal Year Ended March 31,	Amortization
2023	$	52,036
2024	43,875
2025	39,040
2026	36,801
2027	29,321