Quarterly report pursuant to sections 13 or 15(d)

Intangible Assets (Tables)

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Intangible Assets (Tables)
6 Months Ended
Sep. 30, 2013
Components of Intangible Assets

The components of intangible assets as at September 30, 2013 and March 31, 2013 were as follows:

 

     As of September 30, 2013  
     Cost      Accumulated
Amortization
    Net  

Software

   $ 8,249       $ (2,001   $ 6,248   

Trade name / Trademark

     351         (30   $ 321   

Customer list

     5,327         (1,601   $ 3,726   

License agreements

     798         (484   $ 314   
  

 

 

    

 

 

   

 

 

 
   $ 14,725       $ (4,116   $ 10,609   
  

 

 

    

 

 

   

 

 

 

 

     As of March 31, 2013  
     Cost      Accumulated
Amortization
    Net  

Software

   $ 2,429       $ (1,269   $ 1,160   

Trade name / Trademark

     297         (16   $ 281   

Customer list

     4,675         (1,407   $ 3,268   

License agreements

     498         (450   $ 48   
  

 

 

    

 

 

   

 

 

 
   $ 7,899       $ (3,142   $ 4,757   
  

 

 

    

 

 

   

 

 

 
Estimated Future Amortization Expense

Based on the amortizable intangible assets as of September 30, 2013, we estimate future amortization expense to be as follows:

 

Year Ending September 30,

   Amortization
Expense
 
     (in thousands)  

2014

   $ 2,054   

2015

     1,847   

2016

     1,821   

2017

     1,800   

2018

     1,055   

Future

     1,823   
  

 

 

 
   $ 10,401   
  

 

 

 
Summary of Goodwill and Intangible Assets

Below is a summary of Goodwill and Intangible assets:

Intangible Assets Goodwill

Balance as of March 31, 2013

$ 4,757 $ 3,588

Acquisition

6,826 1,252

Amortization of intangibles

(461 ) (— )

Balance as of June 30, 2013

11,122 4,840

Adjustment to Acquisition

(0 ) (70 )

Amortization of intangibles

513

Balance as of September 30, 2013

10,609 4,770