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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Fair Value Hierarchy of Financial Assets and Liabilities
The following tables present the Company’s cash and financial assets and liabilities, measured at fair value, by level within the fair value hierarchy as of December 31, 2013 and March 31, 2013.

Fair Values as of December 31, 2013:
(in thousands)
 
Level 1
 
Level 2
 
Total
Cash and cash equivalents:
 
 
 
 
 
 
Cash
 
$
225,310

 
$

 
$
225,310

Mutual funds
 
1,227

 

 
1,227

Commercial paper
 

 
8,997

 
8,997

Short-term investments:
 
 
 
 
 
 
Government Agency Securities
 

 
19,232

 
19,232

Commercial paper
 

 
43,805

 
43,805

Corporate bonds
 

 
22,357

 
22,357

CDs
 

 
1,003

 
1,003

Long-term investments:
 
 
 
 
 
 
Government Agency Securities
 

 
36,938

 
36,938

Corporate bonds
 

 
69,862

 
69,862

Other current assets:
 
 
 
 
 
 
Derivative assets
 

 
967

 
967

Total assets measured at fair value
 
$
226,537

 
$
203,161

 
$
429,698

 
 
 
 
 
 
 
Accrued liabilities:
 
 
 
 
 
 
Derivative liabilities
 
$

 
$
3,841

 
$
3,841


Fair Values as of March 31, 2013:
(in thousands)
 
Level 1
 
Level 2
 
Total
Cash and cash equivalents:
 
 
 
 
 
 
Cash
 
$
118,881

 
$

 
$
118,881

U.S. Treasury Bills
 
104,995

 

 
104,995

Commercial paper
 

 
4,900

 
4,900

Short-term investments:
 
 
 
 
 
 
U.S. Treasury Bills and Government Agency Securities
 
7,243

 
58,864

 
66,107

Commercial paper
 

 
15,679

 
15,679

Corporate bonds
 

 
34,795

 
34,795

Long-term investments:
 
 
 
 
 
 
U.S. Treasury Bills and Government Agency Securities
 
22,904

 
32,454

 
55,358

Corporate bonds
 

 
23,898

 
23,898

CDs
 

 
1,005

 
1,005

Other current assets:
 
 
 
 
 
 
Derivative assets
 

 
1,665

 
1,665

Total assets measured at fair value
 
$
254,023

 
$
173,260

 
$
427,283

 
 
 
 
 
 
 
Accrued liabilities:
 
 
 
 
 
 
Derivative liabilities
 
$
3

 
$
291

 
$
294