Fair Value Measurements (Tables)

9 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Assets that are Recorded at Fair Value on a Recurring Basis

The following tables present the Company’s financial assets and liabilities that are recorded at fair value on a recurring basis, segregated among the appropriate levels within the fair value hierarchy:

	As of December 31, 2023
	(In thousands)
	Amortized Cost		Gross Unrealized Loss		Gross Unrealized Gain		Estimated Fair Value
Assets:
Level 1:
Securities held in deferred compensation plan (1)	$	1,622	$	(542)	$	609	$	1,689
Total	$	1,622	$	(542)	$	609	$	1,689
Liabilities:
Level 1:
Deferred compensation plan liabilities (2)	$	1,631	$	(482)	$	569	$	1,718
Total	$	1,631	$	(482)	$	569	$	1,718

	As of March 31, 2023
	(In thousands)
	Amortized Cost		Gross Unrealized Loss		Gross Unrealized Gain		Estimated Fair Value
Assets:
Level 1:
Securities held in deferred compensation plan (1)	$	1,426	$	(437)	$	321	$	1,310
Total	$	1,426	$	(437)	$	321	$	1,310
Liabilities:
Level 1:
Deferred compensation plan liabilities (2)	$	1,201	$	(296)	$	563	$	1,468
Level 3:
Contingent consideration (3)	600		—		—		600
Transfer out	(600)						(600)
Subtotal	—		—		—		—
Total	$	1,201	$	(296)	$	563	$	1,468

(1) Included in prepaid expenses and other current assets on the Company’s balance sheet.

(2) Included in accrued payroll and related expenses on the Company’s balance sheet.

(3) As of March 31, 2023, the balance of contingent consideration was short-term and included in accrued liabilities in the Company’s balance sheets. As of December 31, 2023, the balance had been paid in full.