Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v2.4.1.9
Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2015
Intangible Assets  
Schedule of intangible assets

 

Intangible assets consisted of the following (in thousands):

                                                                                                                                                                                    

 

 

March 31, 2015

 

 

 

Weighted
Average
Amortization
Period

 

Intangible
Assets,
Gross

 

Accumulated
Amortization

 

Intangible
Assets,
Net

 

Manufacturing license

 

17 years

 

$

3,700 

 

$

3,585 

 

$

115 

 

Technology

 

10 years

 

 

2,240 

 

 

1,157 

 

 

1,083 

 

Parts and service customer relationships

 

5 years

 

 

1,080 

 

 

1,080 

 

 

 

TA100 customer relationships

 

2 years

 

 

617 

 

 

617 

 

 

 

Backlog

 

Various

 

 

490 

 

 

351 

 

 

139 

 

Trade name

 

1.2 years

 

 

69 

 

 

69 

 

 

 

​  

​  

​  

​  

​  

​  

Total

 

 

 

$

8,196 

 

$

6,859 

 

$

1,337 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

March 31, 2014

 

 

 

Weighted
Average
Amortization
Period

 

Intangible
Assets,
Gross

 

Accumulated
Amortization

 

Intangible
Assets,
Net

 

Manufacturing license

 

17 years

 

$

3,700 

 

$

3,536 

 

$

164 

 

Technology

 

10 years

 

 

2,240 

 

 

933 

 

 

1,307 

 

Parts and service customer relationships

 

5 years

 

 

1,080 

 

 

900 

 

 

180 

 

TA100 customer relationships

 

2 years

 

 

617 

 

 

617 

 

 

 

Backlog

 

Various

 

 

490 

 

 

351 

 

 

139 

 

Trade name

 

1.2 years

 

 

69 

 

 

69 

 

 

 

​  

​  

​  

​  

​  

​  

Total

 

 

 

$

8,196 

 

$

6,406 

 

$

1,790 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of expected future amortization expense of intangible assets

Expected future amortization expense of intangible assets as of March 31, 2015 is as follows (in thousands):

                                                                                                                                                                                    

Year Ending March 31,

 

Amortization
Expense

 

2016

 

$

332 

 

2017

 

 

352 

 

2018

 

 

242 

 

2019

 

 

224 

 

2020

 

 

187 

 

Thereafter

 

 

 

​  

​  

Total expected future amortization

 

$

1,337 

 

​  

​  

​  

​