Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets

v2.4.0.6
Goodwill and Intangible Assets
6 Months Ended
Sep. 30, 2012
Goodwill and Intangible Assets  
Goodwill and Intangible Assets

Note 8. Goodwill and Intangible Assets

 

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

 

 

 

September 30, 2012

 

March 31, 2012

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Accumulated

 

 

 

Amount

 

Amortization

 

Amount

 

Amortization

 

Indefinite Lived Intangible Assets:

 

 

 

 

 

 

 

 

 

Trademarks

 

$

7,644

 

$

 

$

7,644

 

$

 

 

 

 

 

 

 

 

 

 

 

Amortized Intangibles:

 

 

 

 

 

 

 

 

 

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

 

43,172

 

10,714

 

43,813

 

9,930

 

 

 

$

50,816

 

$

10,714

 

$

51,457

 

$

9,930

 

 

The changes in the carrying amount of goodwill for the six month periods ended September 30, 2012 and 2011 are as follows (amounts in thousands):

 

 

 

Six Months Ended
September 30,

 

 

 

2012

 

2011

 

Gross balance at the beginning of fiscal year

 

$

36,676

 

$

 

Acquisitions

 

 

36,676

 

Impairment charges

 

(1,092

)

 

 

 

$

35,584

 

$

36,676