| 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 |
|