Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets, Net

v3.22.2
Goodwill and Other Intangible Assets, Net
3 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net
Changes in the carrying amount of goodwill on a consolidated basis for the three months ended June 30, 2022 consists of the following (in thousands):
June 30, 2022
Balance, beginning of period $ 1,281,876 
Foreign currency impact (1,365)
Balance, end of period $ 1,280,511 
Other intangible assets, net excluding goodwill consists of the following (in thousands):
Weighted
Average 
Useful Life
(in months)
June 30, 2022 March 31, 2022
Capitalized software 107 $ 191,682  $ 191,900 
Customer relationships 120 351,555  351,555 
Trademarks and tradenames 120 55,003  55,003 
Total intangible assets 598,240  598,458 
Less: accumulated amortization (503,232) (492,722)
Total other intangible assets, net $ 95,008  $ 105,736 
Amortization of other intangible assets totaled $10.6 million and $11.5 million for the three months ended June 30, 2022 and 2021, respectively.