OTHER CURRENT ACCRUED LIABILITIES

3 Months Ended

Jun. 30, 2016

OTHER CURRENT ACCRUED LIABILITIES [Abstract]

OTHER CURRENT ACCRUED LIABILITIES

NOTE 11.  OTHER CURRENT ACCRUED LIABILITIES

Other current accrued liabilities consist of the following (in thousands):

	June 30, 2016		March 31, 2016
Accrued liabilities for customer sales incentive programs	$	4,859	$	4,973
Installment payment obligation accrued related to acquisition		1,002		1,077
Other current accrued liabilities		3,432		3,343
Total other current accrued liabilities	$	9,293	$	9,393

As of June 30, 2016, accrued liabilities for customer sales incentive programs consisted primarily of (i) a liability to distributors or end-users for cash rebates upon meeting certain requirements during a qualifying period and (ii) a liability to resellers for incentives that we estimate at the time of initial sale and adjust as earned by end-users during a specified promotional period.

As of June 30, 2016, we recorded $1.0 million (or GBP 750,000), based on the GBP to U.S. dollar exchange rate on such date, in other current accrued liabilities in the condensed consolidated balance sheets, related to an installment payment obligation to acquire QCR and Trio in November 2014. Since the exchange rate can fluctuate in the future, the installment payment obligation related to acquisition in absolute dollars will change accordingly. See Note 3, “Acquisitions” for additional information on our acquisition of QCR and Trio.

Other current accrued liabilities included notes payable and various expenses that we accrued for transaction taxes, royalties and professional costs.