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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities The following tables present the Company's financial assets and liabilities measured on a recurring basis using the fair value hierarchy at September 30, 2019 and March 31, 2019 (in thousands):

Fair Value Measurements at
 
September 30, 2019
 
Level 1

Level 2

Level 3

Total
ASSETS:

 

 



Cash and cash equivalents
$
245,064

 
$

 
$

 
$
245,064

U.S. government and municipal obligations
33,280

 


 


33,280

Commercial paper

 
25,289

 


25,289

Corporate bonds
4,190

 

 


4,190

Derivative financial instruments

 
37

 


37

Contingent consideration

 

 
245

 
245


$
282,534

 
$
25,326

 
$
245


$
308,105

LIABILITIES:

 

 



Contingent purchase consideration
$

 
$

 
$
(1,000
)

$
(1,000
)
Derivative financial instruments

 
(35
)
 


(35
)

$

 
$
(35
)
 
$
(1,000
)

$
(1,035
)

Fair Value Measurements at
 
March 31, 2019
 
Level 1

Level 2

Level 3

Total
ASSETS:

 

 



Cash and cash equivalents
$
409,632

 
$

 
$


$
409,632

U.S. government and municipal obligations
10,732

 
16,890

 


27,622

Commercial paper

 
48,722

 


48,722

Corporate bonds
1,012

 

 


1,012

Derivative financial instruments

 
58

 

 
58

Contingent consideration

 

 
762

 
762


$
421,376


$
65,670


$
762


$
487,808

LIABILITIES:

 

 



Derivative financial instruments
$

 
$
(68
)
 
$


$
(68
)

$


$
(68
)

$


$
(68
)

Schedule of Reconciliation of Changes in Fair Value of Level III Financial Assets
The following table sets forth a reconciliation of changes in the fair value of the Company's Level 3 financial assets and liabilities for the six months ended September 30, 2019 (in thousands):


Contingent Consideration
 
Contingent Purchase Consideration
Balance at March 31, 2019

$
762

 
$

Additions to Level 3
 

 
(1,000
)
Change in fair value of contingent consideration

(517
)
 

Balance at September 30, 2019

$
245

 
$
(1,000
)