XML 52 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements (Tables)
6 Months Ended
Sep. 30, 2014
Fair Value, Assets, Liabilities and Stockholders' Equity 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 September 30, 2014 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
$
95,464

 
$

 
$

 
$
95,464

Corporate bonds and debt

 
899,403

 
6,190

 
905,593

Time deposits (1)

 
20,160

 

 
20,160

Government agency bonds

 
666,208

 

 
666,208

Deposit accounts

 
385,975

 

 
385,975

Municipal bonds

 
41,161

 

 
41,161

Auction rate securities

 

 
9,825

 
9,825

Total assets measured at fair value
$
95,464

 
$
2,012,907

 
$
16,015

 
$
2,124,386


(1) Time deposits in various financial institutions with maturities greater than three months that will mature within one year.

Assets measured at fair value on a recurring basis at March 31, 2014 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
$
192,159

 
$

 
$

 
$
192,159

Corporate bonds and debt

 
937,776

 
6,190

 
943,966

Government agency bonds

 
681,394

 

 
681,394

Deposit accounts

 
274,444

 

 
274,444

Municipal bonds

 
41,709

 

 
41,709

Auction rate securities

 

 
9,825

 
9,825

Total assets measured at fair value
$
192,159

 
$
1,935,323

 
$
16,015

 
$
2,143,497

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 year ended March 31, 2014 (amounts in thousands):
Year ended March 31, 2014
 
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
 
1,101

 

 
(1,370
)
 
(269
)
  Included in other comprehensive income
 
(332
)
 

 

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

 
20,470

 

Balance at March 31, 2014
 
$
9,825

 
$
6,190

 
$

 
$
(601
)
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 September 30, 2014 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
$
95,464

 
$
385,975

 
$

 
$
481,439

Short-term investments

 
801,670

 

 
801,670

Long-term investments

 
825,262

 
16,015

 
841,277

Total assets measured at fair value
$
95,464

 
$
2,012,907

 
$
16,015

 
$
2,124,386


Assets measured at fair value on a recurring basis are presented/classified in the condensed consolidated balance sheets at March 31, 2014 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
$
192,159

 
$
274,444

 
$

 
$
466,603

Short-term investments

 
878,182

 

 
878,182

Long-term investments

 
782,697

 
16,015

 
798,712

Total assets measured at fair value
$
192,159

 
$
1,935,323

 
$
16,015

 
$
2,143,497