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ACCUMULATED OTHER COMPREHENSIVE INCOME
9 Months Ended
Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
ACCUMULATED OTHER COMPREHENSIVE INCOME

The components of accumulated other comprehensive income ("AOCI"), net of immaterial tax effects, are as follows:
(in thousands)
 
March 31, 2016
 
December 31, 2016
Accumulated unrealized gain (loss) on cash flow hedges (1)
 
$
(1,087
)
 
$
180

Accumulated foreign currency translation adjustments
 
4,739

 
4,571

Accumulated unrealized gain (loss) on investments
 
107

 
(313
)
Accumulated other comprehensive income
 
$
3,759

 
$
4,438

(1)Refer to Note 11, Foreign Currency Derivatives, which discloses the nature of the Company's derivative assets and liabilities as of March 31, 2016 and December 31, 2016.