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INVESTMENTS (Tables)
12 Months Ended
Mar. 31, 2015
INVESTMENTS [Abstract]  
Available-for-sale and Held-to-maturity Investments
Our investments are classified as either available-for-sale or held-to-maturity. The following table summarizes available-for-sale and held-to-maturity investments as of March 31, 2015 and 2014 (in thousands):

  
Available-for-Sale Investments
 
 
 
March 31, 2015
 
Amortized
Cost
  
Gross
Unrealized
Gain
  
Gross
Unrealized
(Loss)
  
Fair
Value
 
Corporate bonds
 
$
4,346
  
$
-
  
$
(14
)
 
$
4,332
 
Total available-for-sale investments
 
$
4,346
  
$
-
  
$
(14
)
 
$
4,332
 
 
  
Held-to-Maturity Investments
 
 
 
March 31, 2015
 
Amortized
Cost
  
Gross
Unrecognized
Gain
  
Gross
Unrecognized
(Loss)
  
Fair
Value
 
Certificates of deposit
 
$
6,717
  
$
4
  
$
(1
)
 
$
6,720
 
Commercial paper
  
13,484
   
1
   
-
   
13,485
 
Corporate bonds
  
22,773
   
21
   
(71
)
  
22,723
 
Municipal bonds
  
2,984
   
21
   
(1
)
  
3,004
 
Total held-to-maturity investments
 
$
45,958
  
$
47
  
$
(73
)
 
$
45,932
 

  
Available-for-Sale Investments
 
 
 
March 31, 2014
 
Amortized
Cost
  
Gross
Unrealized
Gain
  
Gross
Unrealized
(Loss)
  
Fair
Value
 
Certificates of deposit
 
$
498
  
$
1
  
$
-
  
$
499
 
Corporate bonds
  
10,392
   
32
   
(42
)
  
10,382
 
Total available-for-sale investments
 
$
10,890
  
$
33
  
$
(42
)
 
$
10,881
 
 
  
Held-to-Maturity Investments
 
 
 
March 31, 2014
 
Amortized
Cost
  
Gross
Unrecognized
Gain
  
Gross
Unrecognized
(Loss)
  
Fair
Value
 
Certificates of deposit
 
$
5,722
  
$
-
  
$
(8
)
 
$
5,714
 
Commercial paper
  
12,991
   
-
   
(1
)
  
12,990
 
Corporate bonds
  
14,920
   
65
   
(33
)
  
14,952
 
Municipal bonds
  
3,079
   
20
   
(29
)
  
3,070
 
Total held-to-maturity investments
 
$
36,712
  
$
85
  
$
(71
)
 
$
36,726
 
Amortized Cost and Fair Value of Investments, Classified by Stated Maturity
The following table summarizes the amortized cost and fair value of our investments, classified by stated maturity as of March 31, 2015 and 2014 (in thousands):

  
March 31, 2015
  
March 31, 2015
 
  
Available-for-Sale Investments
  
Held-to-Maturity Investments
 
  
Amortized Cost
  
Fair Value
  
Amortized Cost
  
Fair Value
 
Due in less than one year
 
$
-
  
$
-
  
$
26,109
  
$
26,151
 
Due in 1 to 4 years
  
4,346
   
4,332
   
19,849
   
19,781
 
Total investments
 
$
4,346
  
$
4,332
  
$
45,958
  
$
45,932
 

  
March 31, 2014
  
March 31, 2014
 
  
Available-for-Sale Investments
  
Held-to-Maturity Investments
 
  
Amortized Cost
  
Fair Value
  
Amortized Cost
  
Fair Value
 
Due in less than one year
 
$
6,509
  
$
6,542
  
$
22,560
  
$
22,571
 
Due in 1 to 4 years
  
4,381
   
4,339
   
14,152
   
14,155
 
Total investments
 
$
10,890
  
$
10,881
  
$
36,712
  
$
36,726