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Fair Value Measurements (Tables)
9 Months Ended
Dec. 31, 2017
Financial Instruments, Owned, at Fair Value [Abstract]  
Schedule of financial assets and liabilities accounted for at fair value and classified by level within the fair value hierarchy
The following table presents the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis, excluding assets related to the Company’s defined benefit pension plans, classified by the level within the fair value hierarchy (in thousands): 
 
 
December 31, 2017
 
March 31, 2017
 
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 
 
 
 
 

 
 

 
 

Cash equivalents
 
$
402,983

 
$

 
$

 
$
448,742

 
$

 
$

 
 
 

 
 

 
 

 
 

 
 

 
 

Trading investments for deferred compensation plan included in other assets:
 
 

 
 
 
 
 
 

 
 

 
 

Money market funds
 
$
4,229

 
$

 
$

 
$
2,813

 
$

 
$

Mutual funds
 
13,769

 

 

 
12,230

 

 

Total of trading investments for deferred compensation plan
 
$
17,998

 
$

 
$

 
$
15,043

 
$

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
Currency exchange derivative assets
included in other current assets
 
$

 
$
235

 
$

 
$

 
$
48

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Acquisition-related contingent
consideration included in accrued and
other current liabilities and other non-current liabilities
 
$

 
$

 
$

 
$

 
$

 
$
9,908

Currency exchange derivative liabilities
included in accrued and other current liabilities
 
$

 
$
1,392

 
$

 
$

 
$
443

 
$

Schedule of change in fair value of contingent consideration
The following table summarizes the changes in fair value of the Company’s contingent consideration balance measured with Level 3 inputs during the three and nine months ended December 31, 2017 and 2016 (in thousands):
 
 
Three Months Ended
December 31,
 
Nine Months Ended
December 31,
 
 
2017
 
2016
 
2017
 
2016
Beginning of the period
 
$

 
$
18,000

 
$
9,908

 
$

Fair value of contingent consideration upon acquisition
 

 

 

 
18,000

Change in fair value of contingent consideration
 

 
(9,925
)
 
(4,908
)
 
(9,925
)
Expected payment (see below)
 

 

 
(5,000
)
 

End of the period
 
$

 
$
8,075

 
$

 
$
8,075