Schedule of Goodwill |
Changes in the carrying amount of goodwill, net, by segment follows:
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ODS |
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AGP |
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Consolidated |
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Goodwill as of March 31, 2022 |
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$ |
80,176 |
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$ |
479,616 |
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$ |
559,792 |
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Foreign currency translation and purchase price adjustments |
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— |
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(11,552) |
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(11,552) |
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Goodwill as of September 30, 2022 |
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$ |
80,176 |
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$ |
468,064 |
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$ |
548,240 |
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Components of Intangible Assets |
The components of intangible assets as of September 30, 2022, and March 31, 2022, were as follows:
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As of September 30, 2022 |
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Weighted-Average Remaining Useful Life |
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Cost |
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Accumulated Amortization |
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Net |
Customer relationships |
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12.19 years |
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$ |
168,166 |
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$ |
(29,546) |
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$ |
138,620 |
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Developed technology |
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5.78 years |
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145,586 |
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(28,654) |
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116,932 |
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Trade names |
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2.83 years |
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69,634 |
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(17,841) |
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51,793 |
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Publisher relationships |
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18.32 years |
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107,812 |
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(7,488) |
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|
100,324 |
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Total |
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$ |
491,198 |
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$ |
(83,529) |
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$ |
407,669 |
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As of March 31, 2022 |
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Weighted-Average Remaining Useful Life |
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Cost |
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Accumulated Amortization |
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Net |
Customer relationships |
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12.01 years |
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$ |
171,060 |
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$ |
(19,636) |
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$ |
151,424 |
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Developed technology |
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6.26 years |
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144,581 |
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(18,103) |
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126,478 |
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Trade names |
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3.33 years |
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69,205 |
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(8,523) |
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60,682 |
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Publisher relationships |
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18.77 years |
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106,514 |
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(4,509) |
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102,005 |
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Total |
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$ |
491,360 |
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$ |
(50,771) |
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$ |
440,589 |
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Schedule of Future Amortization Expense |
Estimated amortization expense in future fiscal years is expected to be:
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Fiscal year 2023 |
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$ |
31,952 |
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Fiscal year 2024 |
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63,904 |
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Fiscal year 2025 |
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55,360 |
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Fiscal year 2026 |
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41,177 |
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Fiscal year 2027 |
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35,084 |
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Thereafter |
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180,192 |
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Total |
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$ |
407,669 |
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