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Reclassification of Prior Periods (Notes)
9 Months Ended
Dec. 31, 2013
Accounting Changes and Error Corrections [Abstract]  
Reclassification of Prior Periods
Reclassification of Prior Periods

In the quarter ended December 31, 2013, the Company identified an error to the presentation on the condensed consolidated statements of cash flows of the amortization of premium of available-for-sale investments. The Company previously included the amortization of the premium as an investing activity. This amortization is a non-cash expense that should be recorded in the adjustments to reconcile net income to net cash provided by operating activities. The Company has corrected this error in the current period, and has conformed previous periods to the current presentation. Based on the Company's evaluation of relevant quantitative and qualitative factors, it determined that the classification errors are immaterial to the prior period financial statements and the Company plans to correct the comparative presentation of the prior periods in future filings. The effect on net cash provided by operating activities and net cash used in investing activities for the previous period covered by this report are shown below (amounts in thousands):

 
Nine Months Ended
 
December 31, 2012
 
As reported
 
Adjustment
 
As adjusted
Cash flows from operating activities
 
 
 
 
 
Amortization of premium on available-for-sale investments
$

 
$
10,304

 
$
10,304

Net cash provided by operating activities
321,178

 
10,304

 
331,482

 
 
 
 
 
 
Cash flows from investing activities
 
 
 
 
 
Purchases of available-for-sale investments
(646,424
)
 
(10,304
)
 
(656,728
)
Net cash used in investing activities
(920,807
)
 
(10,304
)
 
(931,111
)


This correction does not affect the Company's condensed consolidated statements of income, condensed consolidated balance sheets or condensed consolidated statements of comprehensive income for any periods.