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CASH, CASH EQUIVALENTS, MARKETABLE SECURITIES AND INVESTMENTS (Tables)
12 Months Ended
Mar. 31, 2024
Cash and Cash Equivalents [Abstract]  
Schedule of Marketable Securities
The following is a summary of marketable securities held by NetScout at March 31, 2024 classified as short-term and long-term (in thousands):
Amortized
Cost
Unrealized
Losses
Fair
Value
Type of security:
U.S. government and municipal obligations$10,523 $(26)$10,497 
Commercial paper8,648 — 8,648 
Certificates of deposit2,807 — 2,807 
Total short-term marketable securities21,978 (26)21,952 
U.S. government and municipal obligations1,004 (10)994 
Total long-term marketable securities1,004 (10)994 
Total marketable securities$22,982 $(36)$22,946 
 
The following is a summary of marketable securities held by NetScout at March 31, 2023, classified as short-term and long-term (in thousands):
Amortized
Cost
Unrealized
Gains (Losses)
Fair
Value
Type of security:
U.S. government and municipal obligations$8,796 $(1)$8,795 
Commercial paper19,136 — 19,136 
Corporate bonds310 — 310 
Certificates of deposit3,963 — 3,963 
Total short-term marketable securities32,205 (1)32,204 
U.S. government and municipal obligations8,915 25 8,940 
Total long-term marketable securities8,915 25 8,940 
Total marketable securities$41,120 $24 $41,144 
Schedule of Contractual Maturities of Marketable Securities
Contractual maturities of the Company's marketable securities held at March 31, 2024 and 2023 (in thousands) were as follows:
March 31,
2024
March 31,
2023
Available-for-sale securities:
Due in 1 year or less$21,952 $32,204 
Due after 1 year through 5 years994 8,940 
$22,946 $41,144