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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Sep. 30, 2015
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]  
Fair Value Hierarchy of Financial Instruments
The following table summarizes the fair value hierarchy of our financial instruments as of September 30, 2015 and March 31, 2015 (in thousands):

    
Fair Value Measurement Using
 
  
Recorded Amount
  
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
  
Significant
Other
Observable
Inputs (Level 2)
  
Significant
Unobservable
Inputs (Level 3)
 
September 30, 2015:
        
Assets:
        
         
Money market funds
 
$
39,504
  
$
39,504
  
$
-
  
$
-
 
                 
Liabilities:
                
                 
Contingent consideration
 
$
2,145
  
$
-
  
$
-
  
$
2,145
 
 
    
Fair Value Measurement Using
 
  
Recorded Amount
  
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
  
Significant
Other
Observable I
nputs (Level 2)
  
Significant
Unobservable
Inputs (Level 3)
 
March 31, 2015:
        
Assets:
        
         
Money market funds
 
$
25,004
  
$
25,004
  
$
-
  
$
-
 
                 
Liabilities:
                
                 
Contingent consideration
 
$
1,830
  
$
-
  
$
-
  
$
1,830