XML 51 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2017
Fair Value, Assets, Liabilities and Stockholders' Equity Measured on Recurring Basis [Abstract]  
Fair Value, Assets and Liabilities Measured on Recurring Basis
Assets measured at fair value on a recurring basis at March 31, 2017 are as follows (amounts in thousands):
 
Quoted Prices
in Active
Markets for
 Identical
Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Total
Balance
Assets
 
 
 
 
 
Cash and cash equivalents:
 
 
 
 
 
Money market mutual funds
$
343,815

 
$

 
$
343,815

Deposit accounts

 
564,869

 
564,869

Short-term investments:
 
 
 
 
 
Marketable equity securities
1,586

 

 
1,586

Corporate bonds and debt

 
165,207

 
165,207

Government agency bonds

 
161,973

 
161,973

Municipal bonds - tax exempt

 
55,279

 
55,279

Municipal bonds

 
10,043

 
10,043

Long-term investments:
 
 
 
 
 
Corporate bonds and debt

 
42,565

 
42,565

Government agency bonds

 
64,892

 
64,892

Total assets measured at fair value
$
345,401

 
$
1,064,828

 
$
1,410,229

  
Assets measured at fair value on a recurring basis at March 31, 2016 are as follows (amounts in thousands):
 
Quoted Prices
in Active
Markets for
Identical
Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Total
Balance
Assets
 
 
 
 
 
Cash and cash equivalents:
 
 
 
 
 
Money market mutual funds
$
1,787,446

 
$

 
$
1,787,446

Deposit accounts

 
305,305

 
305,305

Short-term investments:
 
 
 
 
 
Marketable equity securities
2,203

 

 
2,203

Corporate bonds and debt

 
1,000

 
1,000

Government agency bonds

 
350,081

 
350,081

Long-term investments:
 
 
 
 
 
Government agency bonds

 
118,549

 
118,549

Total assets measured at fair value
$
1,789,649

 
$
774,935

 
$
2,564,584

 
Fair Value, Assets and Liabilities 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 year ended March 31, 2016 (amounts in thousands):
Year ended March 31, 2016
Auction Rate
Securities
 
Corporate
Debt
 
Total Gains (Losses)
Balance at March 31, 2015
$
9,825

 
$
6,190

 
$

Total gains (losses) (realized):
 
 
 
 
 
Included in earnings
2,780

 
(3,995
)
 
(1,215
)
Purchases, sales, issuances, and settlements, net
(12,605
)
 

 

Transfers out of Level 3

 
(2,195
)
 

Balance at March 31, 2016
$

 
$

 
$
(1,215
)