Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.4.0.3
Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2016
Intangible Assets  
Schedule of intangible assets

Intangible assets consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2016

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

Intangible

 

 

 

 

 

 

 

 

 

Amortization

 

Assets,

 

Accumulated

 

Intangible

 

 

    

Period

    

Gross

    

Amortization

    

Assets, Net

 

Manufacturing license

    

17 years

    

$

3,700

    

$

3,635

    

$

65

 

Technology

 

10 years

 

 

2,240

 

 

1,381

 

 

859

 

Backlog

 

Various

 

 

490

 

 

473

 

 

17

 

Trade name & Parts, service and TA100 customer relationships

 

1.2 to 5 years

 

 

1,766

 

 

1,766

 

 

 —

 

Total

 

 

 

$

8,196

 

$

7,255

 

$

941

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2015

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

Intangible

 

 

 

 

 

 

 

 

 

Amortization

 

Assets,

 

Accumulated

 

Intangible

 

 

    

Period

    

Gross

    

Amortization

    

Assets, Net

 

Manufacturing license

    

17 years

    

$

3,700

    

$

3,585

    

$

115

 

Technology

 

10 years

 

 

2,240

 

 

1,157

 

 

1,083

 

Backlog

 

Various

 

 

490

 

 

351

 

 

139

 

Trade name & Parts, service and TA100 customer relationships

 

1.2 to 5 years

 

 

1,766

 

 

1,766

 

 

 —

 

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 March 31, 2016 is as follows (in thousands):

 

 

 

 

 

 

 

Amortization

 

Year Ending March 31,

    

Expense

 

2017

 

$

288

 

2018

 

 

242

 

2019

 

 

224

 

2020

 

 

187

 

2021

 

 

 —

 

Thereafter

 

 

 —

 

Total expected future amortization

 

$

941