Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.8
Goodwill and Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2014
Goodwill [Line Items]  
Schedule of Goodwill [Table Text Block]
Changes in the carrying amounts of goodwill by reporting units are as follows:
(in thousands)
Kentrox
 
CSI
 
Noran Tel
 
Westell
 
Total
Gross goodwill
$

 
$

 
$
1,890

 
$
9,651

 
$
11,541

Accumulated impairment

 

 
(1,381
)
 
(9,651
)
 
(11,032
)
Currency translation

 

 
292

 

 
292

April 1, 2012 balance, net

 

 
801

 

 
801

Noran Tel relocation

 

 
(798
)
 
798

 

Business acquisition

 

 

 
2,086

 
2,086

Goodwill impairment

 

 

 
(2,884
)
 
(2,884
)
Currency translation

 

 
(3
)
 

 
(3
)
March 31, 2013 balance, net

 

 

 

 

Business acquisitions
10,555

 
20,142

 

 

 
30,697

March 31, 2014 balance, net
$
10,555

 
$
20,142

 
$

 
$

 
$
30,697

Schedule of Finite-Lived Intangible Assets [Table Text Block]
The following table presents details of the Company’s intangibles from historical acquisitions, including the fiscal year 2013 ANTONE acquisition and fiscal year 2014 Kentrox and CSI acquisitions:
 
 
March 31, 2014
 
March 31, 2013
 
 
Gross Carrying Amount
 
Accumulated Amortization and Impairment
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization and Impairment
 
Net Carrying Amount
Backlog
 
1,510

 
(1,510
)
 

 

 

 

Customer relationships
 
24,437

 
(4,437
)
 
20,000

 
4,497

 
(2,618
)
 
1,879

Product technology
 
45,234

 
(35,404
)
 
9,830

 
36,964

 
(34,132
)
 
2,832

Non-compete
 
510

 
(21
)
 
489

 

 

 

Trade name and trademark
 
2,355

 
(318
)
 
2,037

 
375

 
(23
)
 
352

Total finite-lived intangible assets, net
 
74,046

 
(41,690
)
 
32,356

 
41,836

 
(36,773
)
 
5,063

Schedule of Expected Amortization Expense [Table Text Block]
The following is the expected future amortization by fiscal year:
(in thousands)
2015
 
2016
 
2017
 
2018
 
2019
 
thereafter
Intangible amortization expense
$
6,840

 
$
6,123

 
$
5,179

 
$
3,742

 
$
3,513

 
$
6,959