Fair Value Measurements (Tables)

12 Months Ended

Mar. 31, 2018

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, 2018		Costs		Gain		Loss		Fair Value		Equivalents		Investments
Cash	$	16,499	$	-	$	-	$	16,499	$	16,499	$	-
Level 1:
Money market funds		15,204		-		-		15,204		15,204		-
Subtotal		31,703		-		-		31,703		31,703		-
Level 2:
Commercial paper		13,254		-		(8)		13,246		-		13,246
Corporate debt		70,631		6		(296)		70,341		-		70,341
Municipal securities		3,385		3		(1)		3,387		-		3,387
Asset backed securities		27,063		1		(119)		26,945		-		26,945
Agency bond		4,183		-		(35)		4,148		-		4,148
International government securities		2,497		-		(5)		2,492		-		2,492
Subtotal		121,013		10		(464)		120,559		-		120,559
Total assets	$	152,716	$	10	$	(464)	$	152,262	$	31,703	$	120,559

				Gross		Gross				Cash and
		Amortized		Unrealized		Unrealized		Estimated		Cash		Short-Term
As of March 31, 2017		Costs		Gain		Loss		Fair Value		Equivalents		Investments
Cash	$	29,122	$	-	$	-	$	29,122	$	29,122	$	-
Level 1:
Money market funds		11,908		-		-		11,908		11,908		-
Mutual funds		2,000		-		(194)		1,806		-		1,806
Subtotal		43,030		-		(194)		42,836		41,030		1,806
Level 2:
Commercial paper		19,144		8		-		19,152		-		19,152
Corporate debt		83,995		61		(58)		83,998		-		83,998
Asset backed securities		26,906		4		(22)		26,888		-		26,888
Mortgage backed securities		116		-		(1)		115		-		115
Agency bond		2,000		-		-		2,000		-		2,000
Subtotal		132,161		73		(81)		132,153		-		132,153
Total assets	$	175,191	$	73	$	(275)	$	174,989	$	41,030	$	133,959
Level 3:
Contingent consideration	$	-	$	-	$	-	$	148	$	-	$	-
Total liabilities	$	-	$	-	$	-	$	148	$	-	$	-

Contractual maturities of investments as of March 31, 2018 are set forth below (in thousands):

		Estimated
		Fair Value
Due within one year	$	69,721
Due after one year		50,838
Total	$	120,559