Fair Value Measurements (Tables)

12 Months Ended

Mar. 31, 2016

Fair Value Measurements Tables

Fair Value Measurements, Recurring and Nonrecurring (Tables)

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

				Gross		Gross				Cash and
		Amortized		Unrealized		Unrealized		Estimated		Cash		Short-Term
As of March 31, 2016		Costs		Gain		Loss		Fair Value		Equivalents		Investments
Cash	$	18,596	$	-	$	-	$	18,596	$	18,596	$	-
Level 1:
Money market funds		14,980		-		-		14,980		14,980		-
Mutual funds		2,000		-		(187)		1,813		-		1,813
Subtotal		35,576		-		(187)		35,389		33,576		1,813
Level 2:
Commercial paper		6,794		2		-		6,796		-		6,796
Corporate debt		85,164		78		(28)		85,214		-		85,214
Municipal securities		1,007		-		(1)		1,006		-		1,006
Asset backed securities		24,614		7		(11)		24,610		-		24,610
Mortgage backed securities		2,045		-		(17)		2,028		-		2,028
Agency bond		6,805		1		-		6,806		-		6,806
International government securities		1,000		1		-		1,001		-		1,001
Subtotal		127,429		89		(57)		127,461		-		127,461
Total assets	$	163,005	$	89	$	(244)	$	162,850	$	33,576	$	129,274
Level 3:
Contingent consideration	$	-	$	-	$	-	$	341	$	-	$	-
Total liabilities	$	-	$	-	$	-	$	341	$	-	$	-

				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 March 31, 2016 are set forth below (in thousands):

		Estimated
		Fair Value
Due within one year	$	71,071
Due after one year		58,203
Total	$	129,274

Rollforward of contingent consideration liabilities (Tables)

The table below presents a roll-forward of the contingent consideration and escrow liability valued using a Level 3 input (in thousands):

		Years Ended March 31,
		2016		2015		2014
Balance at beginning of period	$	-	$	-	$	-
Purchase price contingent consideration		541		-		-
Contingent consideration payments		(200)		-		-
Balance at end of period	$	341	$	-	$	-