DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

9 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary Of Notional Amounts And Fair Values Of Derivative Instruments On Consolidated Balance Sheet

The notional amounts and fair values of derivative instruments in the consolidated balance sheets as of December 31, 2013 and March 31, 2013 were as follows (in thousands):

	Notional Amounts (a)				Other Current Assets				Accrued Other Liabilities
	December 31, 2013		March 31, 2013		December 31, 2013		March 31, 2013		December 31, 2013		March 31, 2013
Derivatives Designated as Hedging Instruments:
Forward contracts	$	15,675	$	17,071	$	367	$	71	$	138	$	249

(a) Notional amounts represent the gross contract/notional amount of the derivatives outstanding.

Effect Of Foreign Exchange Forward Contracts On OCI And Results Of Operations

The following table provides the effect foreign exchange forward contracts had on other comprehensive income (loss) (OCI) and results of operations for the three months ended December 31, 2013 and 2012 (in thousands):

Derivatives in Cash Flow Hedging Relationships	Effective Portion												Ineffective Portion
	Gain (Loss) Recognized in OCI on Derivative (a)					Gain (Loss) Reclassified from Accumulated OCI into Income (b)							Gain (Loss) Recognized in Income (Amount Excluded from Effectiveness Testing) (c)
	December 31, 2013		December 31, 2012			Location	December 31, 2013			December 31, 2012			Location	December 31, 2013		December 31, 2012
Forward contracts	$	87	$	(46	)	Research and development	$	(109	)	$	(52	)	Research and development	$	75	$	51
						Sales and marketing	149			67			Sales and marketing	3		(9		)
	$	87	$	(46	)		$	40		$	15			$	78	$	42

(a) The amount represents the change in fair value of derivative contracts due to changes in spot rates.

(b) The amount represents reclassification from other comprehensive income to earnings that occurs when the hedged item affects earnings.

(c) The amount represents the change in fair value of derivative contracts due to changes in the difference between the spot price and forward price that is excluded from the assessment of hedge effectiveness and therefore recognized in earnings. No gains or losses were reclassified as a result of discontinuance of cash flow hedges.

The following table provides the effect foreign exchange forward contracts had on other comprehensive income (loss) (OCI) and results of operations for the nine months ended December 31, 2013 and 2012 (in thousands):

Derivatives in Cash Flow Hedging Relationships	Effective Portion												Ineffective Portion
	Gain (Loss) Recognized in OCI on Derivative (a)					Gain (Loss) Reclassified from Accumulated OCI into Income (b)							Gain (Loss) Recognized in Income (Amount Excluded from Effectiveness Testing) (c)
	December 31, 2013		December 31, 2012			Location	December 31, 2013			December 31, 2012			Location	December 31, 2013			December 31, 2012
Forward contracts	$	90	$	(22	)	Research and development	$	(293	)	$	(289	)	Research and development	$	172		$	137
						Sales and marketing	44			41			Sales and marketing	(3		)	(4		)
	$	90	$	(22	)		$	(249	)	$	(248	)		$	169		$	133

(a) The amount represents the change in fair value of derivative contracts due to changes in spot rates.

(b) The amount represents reclassification from other comprehensive income to earnings that occurs when the hedged item affects earnings.

(c) The amount represents the change in fair value of derivative contracts due to changes in the difference between the spot price and forward price that is excluded from the assessment of hedge effectiveness and therefore recognized in earnings. No gains or losses were reclassified as a result of discontinuance of cash flow hedges.