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FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Mar. 31, 2022
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 March 31, 2022 and 2021 (in thousands):
 Fair Value Measurements at
March 31, 2022
 Level 1Level 2Level 3Total
ASSETS:
Cash and cash equivalents$617,734 $18,427 $— $636,161 
U.S. government and municipal obligations40,863 — — 40,863 
Commercial paper— 23,353 — 23,353 
Corporate bonds821 — — 821 
Certificate of deposits— 2,000 — 2,000 
Derivative financial instruments— 20 — 20 
$659,418 $43,800 $— $703,218 
LIABILITIES:
Derivative financial instruments$— $(78)$— $(78)
$— $(78)$— $(78)
 
 Fair Value Measurements at
March 31, 2021
 Level 1Level 2Level 3Total
ASSETS:
Cash and cash equivalents$467,176 $— $— $467,176 
U.S. government and municipal obligations2,539 1,039 — 3,578 
Commercial paper— 5,699 — 5,699 
Derivative financial instruments— 57 — 57 
$469,715 $6,795 $— $476,510 
LIABILITIES:
Derivative financial instruments$— $(191)$— $(191)
$— $(191)$— $(191)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation The following table sets forth a reconciliation of changes in the fair value of the Company’s Level 3 financial assets for the fiscal year ended March 31, 2022 (in thousands):
Contingent Consideration
Balance at March 31, 2021$— 
Change in fair value of contingent consideration837 
Collection of contingent consideration(837)
Balance at March 31, 2022$— 
Schedule of Reconciliation of Changes in Fair Value of Level Three Financial Liabilities The following table sets forth a reconciliation of changes in the fair value of the Company’s Level 3 financial liabilities for the fiscal year ended March 31, 2021 (in thousands):
Contingent
Purchase
Consideration
Balance at March 31, 2020$(1,748)
Payments made1,748 
Balance at March 31, 2021$—