Fair Value Measurements (Tables)

6 Months Ended

Sep. 30, 2019

Schedule of Business Acquisitions by Acquisition, Contingent Consideration

Selected information relating to the aforementioned contingent consideration follows (in thousands):



	Contingent Earn-out Consideration
Estimated fair value as of June 1, 2018	$	1,600
Accretion	64
Remeasurement adjustment	(298		)
Contingent Earn-out Consideration as of March 31, 2019	1,366
Accretion	16
Contingent Earn-out Consideration as of June 30, 2019	1,382
Accretion	10
Remeasurement adjustment	(1,392		)
Contingent Earn-out Consideration as of September 30, 2019	$	—

Financial Assets and Liabilities Measured at Fair Value on 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 sheets as of September 30, 2019 and March 31, 2019 (in thousands):



	September 30, 2019		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash surrender value of life insurance policies	$	2,828	$	—	$	2,828	$	—
Total assets	$	2,828	$	—	$	2,828	$	—
Liabilities:
Deferred compensation plan	$	1,339	$	1,339	$	—	$	—
Total liabilities	$	1,339	$	1,339	$	—	$	—



	March 31, 2019		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash surrender value of life insurance policies	$	2,765	$	—	$	2,765	$	—
Total assets	$	2,765	$	—	$	2,765	$	—
Liabilities:
Contingent earn-out consideration	$	1,366	$	—	$	—	$	1,366
Interest rate swap agreement	580		—		580		—
Deferred compensation plan	1,156		1,156		—		—
Total liabilities	$	3,102	$	1,156	$	580	$	1,366