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Fair Value of Financial Instruments (Tables)
12 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Financial assets and liabilities measured at fair value on a recurring basis
The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis in its consolidated balance sheet as of March 31, 2015 and 2014.
 
 
March 31, 2015
 
Quoted Prices
In Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(in thousands)
Assets:
 
 
 
 
 
 
 
Marketable securities
$
838

 
$
838

 
$

 
$

Cash surrender value of life insurance policies
1,116

 

 
1,116

 

Total assets
$
1,954

 
$
838

 
$
1,116

 
$

Liabilities:
 
 
 
 
 
 
 
Deferred compensation plans
$
838

 
$
838

 
$

 
$

Total liabilities
$
838

 
$
838

 
$

 
$

 
 
March 31, 2014
 
Quoted Prices
In Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(in thousands)
Assets:
 
 
 
 
 
 
 
Marketable securities
$
782

 
$
782

 
$

 
$

Cash surrender value of life insurance policies
1,079

 

 
1,079

 

Total assets
$
1,861

 
$
782

 
$
1,079

 
$

Liabilities:
 
 
 
 
 
 
 
Deferred compensation plans
$
782

 
$
782

 
$

 
$

Total liabilities
$
782

 
$
782

 
$

 
$