INCOME TAXES

3 Months Ended

Jun. 30, 2013

INCOME TAXES [Abstract]

INCOME TAXES

11. INCOME TAXES

We recognize interest and penalties for uncertain tax positions. As of June 30, 2013, our gross liability related to uncertain tax positions was $316 thousand. At June 30, 2013, if the unrecognized tax benefits of $316 thousand were to be recognized, including the effect of interest, penalties and federal tax benefit, the impact would be $436 thousand. We also recognize accrued interest and penalties related to unrecognized tax benefits as a component of tax expense. We recorded interest expense of $4 thousand for the three months ended June 30, 2013, and $4 thousand for the same periods last year. We did not recognize any additional penalties. We had $201 thousand and $185 thousand accrued for the payment of interest at June 30, 2013 and 2012, respectively.