Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets

v2.4.0.6
Goodwill and Intangible Assets
3 Months Ended
Jun. 30, 2012
Goodwill and Intangible Assets  
Goodwill and Intangible Assets

Note 6. Goodwill and Intangible Assets

 

The following table highlights the Company’s goodwill and intangible assets (amounts in thousands):

 

 

 

June 30, 2012

 

March 31, 2012

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Accumulated

 

 

 

Amount

 

Amortization

 

Amount

 

Amortization

 

Indefinite Lived Intangible Assets:

 

 

 

 

 

 

 

 

 

Goodwill

 

$

36,676

 

$

 

$

36,676

 

$

 

Trademarks

 

7,644

 

 

7,644

 

 

Unamortized intangible assets

 

44,320

 

 

44,320

 

 

 

 

 

 

 

 

 

 

 

 

Amortized Intangibles:

 

 

 

 

 

 

 

 

 

Customer relationships, patents and other (3-18 years)

 

42,702

 

9,944

 

43,813

 

9,930

 

 

 

$

87,022

 

$

9,944

 

$

88,133

 

$

9,930

 

 

The Company has initiated its annual impairment test on indefinite lived intangible assets.  The annual testing date is May 31st and the Company expects to complete the testing during the second quarter of fiscal year 2013.  The Company does not anticipate that the testing will result in any impairment charges.