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Fair Value Measurements (Tables)
9 Months Ended
Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Assets measured at fair value on a recurring basis at December 31, 2013 are as follows (amounts in thousands):
 
Quoted Prices
in Active
Markets for
Identical
Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Balance
Assets
 
 
 
 
 
 
 
Money market mutual funds
$
114,235

 
$

 
$

 
$
114,235

Corporate bonds and debt

 
852,448

 
6,190

 
858,638

Government agency bonds

 
736,011

 

 
736,011

Deposit accounts

 
260,865

 

 
260,865

Municipal bonds

 
51,751

 

 
51,751

Auction rate securities

 

 
9,827

 
9,827

Total assets measured at fair value
$
114,235

 
$
1,901,075

 
$
16,017

 
$
2,031,327


Assets and liabilities measured at fair value on a recurring basis at March 31, 2013 are as follows (amounts in thousands):
 
Quoted Prices
in Active
Markets for Identical Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Balance
Assets
 
 
 
 
 
 
 
Money market fund deposits
$
100,878

 
$

 
$

 
$
100,878

Marketable equity securities
5,509

 

 

 
5,509

Corporate bonds and debt

 
678,932

 
6,190

 
685,122

Government agency bonds

 
558,153

 

 
558,153

Deposit accounts

 
427,456

 

 
427,456

Municipal bonds

 
25,138

 

 
25,138

Auction rate securities

 

 
33,791

 
33,791

Total assets measured at fair value
$
106,387

 
$
1,689,679

 
$
39,981

 
$
1,836,047

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Contingent consideration
$

 
$

 
$
19,100

 
$
19,100

Total liabilities measured at fair value
$

 
$

 
$
19,100

 
$
19,100

Reconciliation of assets and liabilities measured at fair value on a recurring basis
The following tables present a reconciliation for all assets and liabilities measured at fair value on a recurring basis, excluding accrued interest components, using significant unobservable inputs (Level 3) for the nine months ended December 31, 2013, and the year ended March 31, 2013 (amounts in thousands):
Nine months ended December 31, 2013
 
Auction Rate
Securities
 
Corporate
Debt
 
Contingent
Consideration
 
Total Gains
(Losses)
Balance at March 31, 2013
 
$
33,791

 
$
6,190

 
$
(19,100
)
 
$

Total gains (losses) (realized and unrealized):
 
 
 
 
 
 
 
 
Included in earnings
 
1,103

 

 
(1,370
)
 
(267
)
  Included in other comprehensive income
 
(332
)
 

 

 
(332
)
Purchases, sales, issuances, and settlements, net
 
(24,735
)
 

 
20,470

 

Balance at December 31, 2013
 
$
9,827

 
$
6,190

 
$

 
$
(599
)

Year ended March 31, 2013
 
Auction Rate
Securities
 
Corporate
Debt
 
Contingent
Consideration
 
Total Gains
(Losses)
Balance at March 31, 2012
 
$
10,246

 
$
4,625

 
$

 
$

Total gains (losses) (realized and unrealized):
 
 
 
 
 
 
 
 
Included in earnings
 
(412
)
 

 
(4,400
)
 
$
(4,813
)
  Included in other comprehensive income
 
332

 

 

 
332

Purchases, sales, issuances, and settlements, net
 
(650
)
 
1,565

 

 

Acquisition-related
 
24,275

 

 
(14,700
)
 

Balance at March 31, 2013
 
$
33,791

 
$
6,190

 
$
(19,100
)
 
$
(4,481
)
Fair Value, by Balance Sheet Grouping
Assets measured at fair value on a recurring basis are presented/classified on the condensed consolidated balance sheets at December 31, 2013 as follows (amounts in thousands):
 
Quoted Prices
 in Active
Markets for
Identical
Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Balance
Assets
 
 
 
 
 
 
 
Cash and cash equivalents
$
114,235

 
$
260,865

 
$

 
$
375,100

Short-term investments

 
932,302

 

 
932,302

Long-term investments

 
707,908

 
16,017

 
723,925

Total assets measured at fair value
$
114,235

 
$
1,901,075

 
$
16,017

 
$
2,031,327


Assets measured at fair value on a recurring basis are presented/classified in the consolidated balance sheets at March 31, 2013 as follows (amounts in thousands):
 
Quoted Prices
in Active
Markets for
Identical
Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
 (Level 3)
 
Total
Balance
Assets
 
 
 
 
 
 
 
Cash and cash equivalents
$
100,878

 
$
427,456

 
$

 
$
528,334

Short-term investments

 
1,050,263

 

 
1,050,263

Long-term investments
5,509

 
211,960

 
39,981

 
257,450

Total assets measured at fair value
$
106,387

 
$
1,689,679

 
$
39,981

 
$
1,836,047