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Fair Value Measurements (Tables)
 9 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value on a recurring basis
The following tables present information about our financial assets and liabilities measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation techniques utilized to determine such fair value:
 
Fair value measurement used
 
Recorded
value
as of
 
Active
markets
for
identical
assets or
liabilities
 
Quoted
prices in
similar
instruments
and
observable
inputs
 
Active
markets for
unobservable
inputs
(In thousands)
December 31, 2016
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Corporate-owned life insurance — current
$
2,357

 
—

 
—

 
$
2,357

Corporate-owned life insurance — non-current
$
782

 
—

 
—

 
$
782


 
Fair value measurement used
 
Recorded
value
as of
 
Active
markets
for
identical
assets or
liabilities
 
Quoted
prices in
similar
instruments
and
observable
inputs
 
Active
markets for
unobservable
inputs
(In thousands)
March 31, 2016
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Corporate-owned life insurance — current
$
2,357

 
—

 
—

 
$
2,357

Corporate-owned life insurance — non-current
$
765

 
—

 
—

 
$
765

Liabilities:
 
 
 
 
 
 
 
Contingent consideration — current
$
197

 
—

 
—

 
$
197
Summary of changes in the fair value of the Level 3 assets and liabilities Corporate-owned life insurance
The following table presents a summary of changes in the fair value of the Level 3 assets:
 
Nine months ended
 
December 31,
(In thousands)
2016
 
2015
Corporate-owned life insurance:
 
 
 
Balance on April 1
$
3,122

 
$
2,493

Unrealized gain relating to instruments held at reporting date
16

 
6

Purchases, sales, issuances and settlements, net
1

 
65

Balance on December 31
$
3,139

 
$
2,564
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following tables present a summary of changes in the fair value of the Level 3 liabilities:

 
Nine months ended
 
December 31,
(In thousands)
2016
 
2015
Contingent consideration
 
 
 
Balance on April 1
$
197

 
$
112

Activity, payments and other charges (net)
(197
)
 
(8
)
Balance on December 31
$
—

 
$
104