GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Mar. 31, 2021
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]  
Changes in Goodwill
The following table summarizes the changes in the carrying amount of goodwill for the years ended March 31, 2021, and March 31, 2020, respectively (in thousands):

 
March 31, 2021
   
March 31, 2020
 
   
Goodwill
   
Accumulated
Impairment
Loss
   
Net
Carrying
Amount
   
Goodwill
   
Accumulated
Impairment
Loss
   
Net
Carrying
Amount
 
Beginning balance
 
$
126,770
   
$
(8,673
)
 
$
118,097
   
$
119,480
   
$
(8,673
)
 
$
110,807
 
Acquisitions
   
8,328
     
-
     
8,328
     
7,410
     
-
     
7,410
 
Foreign currency translations
   
220
     
-
     
220
     
(120
)
   
-
     
(120
)
Ending balance
 
$
135,318
   
$
(8,673
)
 
$
126,645
   
$
126,770
   
$
(8,673
)
 
$
118,097
 
Other Intangible Assets
Our other intangible assets consist of the following at March 31, 2021, and March 31, 2020 (in thousands):

 
March 31, 2021
   
March 31, 2020
 
   
Gross
Carrying
Amount
   
Accumulated
Amortization
   
Net
Carrying
Amount
   
Gross
Carrying
Amount
   
Accumulated
Amortization
   
Net
Carrying
Amount
 
Customer relationships & other intangibles
 
$
77,335
   
$
(42,115
)
 
$
35,220
   
$
63,006
   
$
(33,000
)
 
$
30,006
 
Capitalized software development
   
10,553
     
(7,159
)
   
3,394
     
10,385
     
(5,927
)
   
4,458
 
Total
 
$
87,888
   
$
(49,274
)
 
$
38,614
   
$
73,391
   
$
(38,927
)
 
$
34,464
 
Future Amortization Expense for Customer Relationships and Other Intangible assets
Total amortization expense for customer relationships & other intangible assets was $10.3 million, $9.4 million, and $7.9 million for the years ended March 31, 2021, 2020 and 2019, respectively. The following table provides the future amortization expense for customer relationships & other intangible assets as of March 31, 2021 (in thousands):

Year ending March 31, 2022
 
$
10,073
 
2023
   
8,028
 
2024
   
6,218
 
2025
   
4,647
 
2026 and thereafter
   
6,254
 
Total
 
$
35,220