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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Dec. 31, 2016
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, 2016 and March 31, 2016 (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 31.2016
            
Assets:
            
Money market funds
 
$
29,851
  
$
29,851
  
$
-
  
$
-
 
                 
Liabilities:
                
Contingent consideration
 
$
554
  
$
-
  
$
-
  
$
554
 
                 
March 31, 2016
                
Assets:
                
Money market funds
 
$
39,509
  
$
39,509
  
$
-
  
$
-
 
Liabilities:
                
Contingent consideration
 
$
1,041
  
$
-
  
$
-
  
$
1,041