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Investments (Tables)
3 Months Ended
Jun. 30, 2016
Investments [Abstract]  
Summary of available-for-sale securities
The following is a summary of available-for-sale securities at June 30, 2016 (amounts in thousands):
 
Available-for-sale Securities
 
Adjusted
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
Marketable equity securities
$
2,161

 
$

 
$
(895
)
 
$
1,266


The following is a summary of available-for-sale securities at March 31, 2016 (amounts in thousands):
 
Available-for-sale Securities
 
Adjusted
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
Government agency bonds
$
468,290

 
$
439

 
$
(99
)
 
$
468,630

Corporate bonds and debt
1,000

 

 

 
1,000

Marketable equity securities
2,195

 
8

 

 
2,203

 
$
471,485

 
$
447

 
$
(99
)
 
$
471,833

Summary of available-for-sale securities in a continuous unrealized loss position
The following tables show all investments in an unrealized loss position for which an other-than-temporary impairment has not been recognized and the related gross unrealized losses and fair value, aggregated by investment category and the length of time that the individual securities have been in a continuous unrealized loss position (amounts in thousands):
 
June 30, 2016
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
Marketable equity securities
$
1,266

 
$
(895
)
 
$

 
$

 
$
1,266

 
$
(895
)

 
March 31, 2016
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
Government agency bonds
$
148,562

 
$
(99
)
 
$

 
$

 
$
148,562

 
$
(99
)
Corporate bonds and debt

 

 
1,000

 

 
1,000

 

 
$
148,562

 
$
(99
)
 
$
1,000

 
$

 
$
149,562

 
$
(99
)