Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets, Net

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Goodwill and Other Intangible Assets, Net
6 Months Ended
Sep. 30, 2021
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 six months ended September 30, 2021 consists of the following (in thousands):
September 30, 2021
Balance, beginning of period $ 1,271,195 
Goodwill from acquisitions (1)
11,542 
Foreign currency impact (106)
Balance, end of period $ 1,282,631 
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(1) The initial allocation of the purchase price from acquisitions was based on preliminary valuations and assumptions and is subject to change. The Company expects to finalize the allocation of the purchase prices within the measurement period.
Other intangible assets, net excluding goodwill consists of the following (in thousands):
Weighted
Average 
Useful Life
(in months)
September 30, 2021 March 31, 2021
Capitalized software 107 $ 191,484  $ 189,398 
Customer relationships 120 351,555  351,555 
Trademarks and tradenames 120 55,003  55,003 
Total intangible assets 598,042  595,956 
Less: accumulated amortization (469,528) (446,472)
Total other intangible assets, net $ 128,514  $ 149,484 
Amortization of other intangible assets totaled $11.6 million and $13.0 million for the three months ended September 30, 2021 and 2020, respectively, and $23.1 million and $26.0 million for the six months ended September 30, 2021 and 2020, respectively.