CASH, CASH EQUIVALENTS AND INVESTMENTS - Note 2

12 Months Ended

Mar. 31, 2015

Cash and Cash Equivalents [Abstract]

CASH, CASH EQUIVALENTS AND INVESTMENTS - Note 2

2. CASH, CASH EQUIVALENTS AND INVESTMENTS

Cash, cash equivalents, and available-for-sale investments were (in thousands):

				Gross		Gross				Cash and
		Amortized		Unrealized		Unrealized		Estimated		Cash		Short-Term
As of March 31, 2015		Costs		Gain		Loss		Fair Value		Equivalents		Investments
Cash	$	24,734	$	-	$	-	$	24,734	$	24,734	$	-
Level 1:
Money market funds		28,376		-		-		28,376		28,376		-
Mutual funds		2,000		-		(107)		1,893		-		1,893
Subtotal		55,110		-		(107)		55,003		53,110		1,893
Level 2:
Commercial paper		9,043		1		-		9,044		-		9,044
Corporate debt		75,284		57		(10)		75,331		-		75,331
Municipal securities		5,435		2		(1)		5,436		-		5,436
Asset backed securities		21,503		4		(5)		21,502		-		21,502
Mortgage backed securities		5,822		-		(52)		5,770		-		5,770
Agency bond		4,201		3		-		4,204		-		4,204
International government securities		800		4		-		804		-		804
Subtotal		122,088		71		(68)		122,091		-		122,091
Total	$	177,198	$	71	$	(175)	$	177,094	$	53,110	$	123,984

				Gross		Gross				Cash and
		Amortized		Unrealized		Unrealized		Estimated		Cash		Short-Term		Long-Term
As of March 31, 2014		Costs		Gain		Loss		Fair Value		Equivalents		Investments		Investments
Cash	$	26,548	$	-	$	-	$	26,548	$	26,548	$	-	$	-
Level 1:
Money market funds		32,611		-		-		32,611		32,611		-		-
Mutual funds		1,964		-		(55)		1,909		-		1,909		-
Subtotal		61,123		-		(55)		61,068		59,159		1,909		-
Level 2:
Commercial paper		30,374		5		-		30,379		-		30,379		-
Corporate debt		63,621		35		(39)		63,617		-		14,893		48,724
Municipal securities		5,435		5		(1)		5,439		-		-		5,439
Asset backed securities		17,049		6		(1)		17,054		-		-		17,054
International government securities		800		4		-		804		-		-		804
Subtotal		117,279		55		(41)		117,293		-		45,272		72,021
Total	$	178,402	$	55	$	(96)	$	178,361	$	59,159	$	47,181	$	72,021

Contractual maturities of investments as of March 31, 2015 are set forth below (in thousands):

		Estimated
		Fair Value
Due within one year	$	69,502
Due after one year		54,482
Total	$	123,984