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CASH, CASH EQUIVALENTS, AND INVESTMENTS (Tables)
9 Months Ended
Dec. 31, 2015
CASH, CASH EQUIVALENTS AND INVESTMENTS [Abstract]  
Cash, Cash Equivalents, and Investments
The following tables summarize the Company’s cash and available-for-sale securities’ adjusted cost, gross unrealized gains, gross unrealized losses, and fair value by significant investment category recorded as cash and cash equivalents, short-term, or long-term investments as of December 31, 2015 and March 31, 2015 (in thousands):
December 31, 2015
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
Cash & Cash Equivalents
 
Short-term investments (due in 1 year or less)
 
Long-term investments (due in 1 to 3 years)
Cash
 
$
209,379

 
$

 
$

 
$
209,379

 
$
209,379

 
$

 
$

Level 1:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds
 
9,497

 
1

 
(546
)
 
8,952

 

 
8,952

 

US Treasury Notes
 
39,822

 

 
(96
)
 
39,726

 
4,006

 
16,000

 
19,720

Subtotal
 
49,319

 
1

 
(642
)
 
48,678

 
4,006

 
24,952

 
19,720

Level 2:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Government Agency Securities
 
70,680

 
1

 
(178
)
 
70,503

 

 
20,919

 
49,584

Commercial Paper
 
40,196

 

 

 
40,196

 
4,199

 
35,702

 
295

Corporate Bonds
 
143,139

 
22

 
(375
)
 
142,786

 

 
77,221

 
65,565

Certificates of Deposits ("CDs")
 
8,970

 

 

 
8,970

 
1,507

 
7,463

 

Subtotal
 
262,985

 
23

 
(553
)
 
262,455

 
5,706

 
141,305

 
115,444

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total cash, cash equivalents
and investments measured at fair value
 
$
521,683

 
$
24

 
$
(1,195
)
 
$
520,512

 
$
219,091

 
$
166,257

 
$
135,164


March 31, 2015
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
Cash & Cash Equivalents
 
Short-term investments (due in 1 year or less)
 
Long-term investments (due in 1 to 3 years)
Cash
 
$
273,350

 
$

 
$

 
$
273,350

 
$
273,350

 
$

 
$

Level 1:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds
 
5,398

 
147

 
(25
)
 
5,520

 

 
5,520

 

Level 2:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Government Agency Securities
 
89,875

 
37

 
(22
)
 
89,890

 

 
43,024

 
46,866

Commercial Paper
 
17,574

 
10

 

 
17,584

 
3,500

 
14,084

 

Corporate Bonds
 
95,759

 
199

 
(3
)
 
95,955

 

 
35,231

 
60,724

Subtotal
 
203,208

 
246

 
(25
)
 
203,429

 
3,500

 
92,339

 
107,590

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total cash, cash equivalents
and investments measured at fair value
 
$
481,956

 
$
393

 
$
(50
)
 
$
482,299

 
$
276,850

 
$
97,859

 
$
107,590