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Fair Value Measurements (Tables)
9 Months Ended
Dec. 31, 2015
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 December 31, 2015 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
 
 
 
 
 
 
 
Cash and cash equivalents:
 
 
 
 
 
 
 
Money market mutual funds
$
29,971

 
$

 
$

 
$
29,971

Deposit accounts

 
301,480

 

 
301,480

Short-term investments:
 
 
 
 
 
 
 
Marketable equity securities

3,022

 

 

 
3,022

Corporate bonds and debt

 
481,488

 

 
481,488

Government agency bonds

 
187,319

 

 
187,319

Municipal bonds

 
4,620

 

 
4,620

Long-term investments:
 
 
 
 
 
 
 
Corporate bonds and debt

 
744,173

 

 
744,173

Government agency bonds

 
599,896

 

 
599,896

Municipal bonds

 
36,095

 

 
36,095

Auction rate securities

 

 
9,825

 
9,825

Derivative assets

 
4,693

 

 
4,693

Total assets measured at fair value
$
32,993

 
$
2,359,764

 
$
9,825

 
$
2,402,582


Assets measured at fair value on a recurring basis at March 31, 2015 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
 
 
 
 
 
 
 
Cash and cash equivalents:
 
 
 
 
 
 
 
Money market mutual funds
$
279,833

 
$

 
$

 
$
279,833

Deposit accounts

 
327,982

 

 
327,982

Short-term investments:
 
 
 
 
 
 
 
Marketable equity securities
13,166

 

 

 
13,166

Corporate bonds and debt

 
756,664

 

 
756,664

Time deposits (1)

 
506

 

 
506

Government agency bonds

 
549,737

 

 
549,737

Municipal bonds

 
30,981

 

 
30,981

Long-term investments:
 
 
 
 
 
 
 
Corporate bonds and debt

 
164,075

 
6,190

 
170,265

Government agency bonds

 
192,519

 

 
192,519

Municipal bonds

 
10,717

 

 
10,717

Auction rate securities

 

 
9,825

 
9,825

Derivative assets

 
8,928

 

 
8,928

Total assets measured at fair value
$
292,999

 
$
2,042,109

 
$
16,015

 
$
2,351,123

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents a reconciliation for all assets 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, 2015 (amounts in thousands):
Nine months ended December 31, 2015
Auction Rate
Securities
 
Corporate
Debt
 
Total Losses
Balance at March 31, 2015
$
9,825

 
$
6,190

 
$

Total gains (losses) (realized):
 
 
 
 
 
Included in earnings

 
(3,995
)
 
(3,995
)
Transfers out of Level 3

 
(2,195
)
 

Balance at December 31, 2015
$
9,825

 
$

 
$
(3,995
)