Cash, Cash Equivalents, Available-for-sale Investments and Fair Value Measurements (Tables)

6 Months Ended

Sep. 30, 2015

Cash Cash Equivalents Available-for-sale Investments And Fair Value Measurements Tables

Fair Value Measurements, Recurring and Nonrecurring

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

				Gross		Gross				Cash and
		Amortized		Unrealized		Unrealized		Estimated		Cash		Short-Term
As of September 30, 2015		Costs		Gain		Loss		Fair Value		Equivalents		Investments
Cash	$	4,435	$	-	$	-	$	4,435	$	4,435	$	-
Level 1:
Money market funds		24,360		-		-		24,360		24,360		-
Mutual funds		2,000		-		(162)		1,838		-		1,838
Subtotal		30,795		-		(162)		30,633		28,795		1,838
Level 2:
Commercial paper		8,787		1		-		8,788		-		8,788
Corporate debt		68,702		24		(42)		68,684		-		68,684
Municipal securities		7,762		3		(1)		7,764		-		7,764
Asset backed securities		21,881		7		(5)		21,883		-		21,883
Mortgage backed securities		2,891		-		(9)		2,882		-		2,882
Agency bond		7,508		5		(2)		7,511		-		7,511
International government securities		1,001		1		-		1,002		-		1,002
Subtotal		118,532		41		(59)		118,514		-		118,514
Total assets	$	149,327	$	41	$	(221)	$	149,147	$	28,795	$	120,352
Level 3:
Contingent consideration	$	-	$	-	$	-	$	241	$	-	$	-
Total liabilities	$	-	$	-	$	-	$	241	$	-	$	-

				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

Contractual maturities of investments as of September 30, 2015 are set forth below (in thousands):

		Estimated
		Fair Value
Due within one year	$	63,313
Due after one year		57,039
Total	$	120,352

Rollforward of contingent consideration liabilities

The table below presents a rollforward of the contingent consideration liability valued using a Level 3 input (in thousands):

		Three Months Ended				Six Months Ended
		September 30,				September 30,
		2015		2014		2015		2014
Balance at beginning of period	$	391	$	-	$	-	$	-
Purchase price contingent consideration		-		-		391		-
Contingent consideration payments		(150)		-		(150)		-
Balance at end of period	$	241	$	-	$	241	$	-