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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Dec. 31, 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 December 31, 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)
 
December 31, 2015:
 
  
  
  
 
Assets:
 
  
  
  
 
  
  
  
  
 
Money market funds
 
$
9,505
  
$
9,505
  
$
-
  
$
-
 
                 
Liabilities:
                
                 
Contingent consideration
 
$
990
  
$
-
  
$
-
  
$
990
 

  
  
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)
 
March 31, 2015:
 
  
  
  
 
Assets:
 
  
  
  
 
  
  
  
  
 
Money market funds
 
$
25,004
  
$
25,004
  
$
-
  
$
-
 
                 
Liabilities:
                
                 
Contingent consideration
 
$
1,830
  
$
-
  
$
-
  
$
1,830