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