Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.2.0.727
Intangible Assets (Tables)
3 Months Ended
Jun. 30, 2015
Intangible Assets  
Schedule of intangible assets

 

Intangible assets consisted of the following (in thousands):

 

 

June 30, 2015

 

 

 

Weighted
Average
Amortization
Period

 

Intangible
Assets,
Gross

 

Accumulated
Amortization

 

Intangible
Assets, Net

 

Manufacturing license

 

17 years

 

$

3,700 

 

$

3,598 

 

$

102 

 

Technology

 

10 years

 

2,240 

 

1,213 

 

1,027 

 

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 

 

$

6,928 

 

$

1,268 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of expected future amortization expense of intangible assets

 

Expected future amortization expense of intangible assets as of June 30, 2015 is as follows (in thousands):

Year Ending March 31,

 

Amortization
Expense

 

2016 (remainder of fiscal year)

 

$

263 

 

2017

 

352 

 

2018

 

242 

 

2019

 

224 

 

2020

 

187 

 

Thereafter

 

 

 

 

 

 

Total expected future amortization

 

$

1,268