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CASH, CASH EQUIVALENTS, AND INVESTMENTS (Tables)
9 Months Ended
Dec. 31, 2017
CASH, CASH EQUIVALENTS AND INVESTMENTS [Abstract]  
Cash, Cash Equivalents, and Investments
The following tables summarize the Company’s cash and available-for-sale securities’ amortized 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, 2017 and March 31, 2017 (in thousands):
December 31, 2017
 
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
 
$
272,063

 
$

 
$

 
$
272,063

 
$
272,063

 
$

 
$

Level 1:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds
 
14,298

 
399

 
(70
)
 
14,627

 

 
14,627

 

US Treasury Notes
 
71,684

 

 
(210
)
 
71,474

 
4,998

 
42,348

 
24,128

Money Market Funds
 
239

 

 

 
239

 
239

 

 

Subtotal
 
86,221

 
399

 
(280
)
 
86,340

 
5,237

 
56,975

 
24,128

Level 2:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Government Agency Securities
 
56,667

 

 
(276
)
 
56,391

 

 
31,300

 
25,091

Commercial Paper
 
32,944

 

 

 
32,944

 
2,993

 
29,951

 

Corporate Bonds
 
142,148

 
45

 
(375
)
 
141,818

 

 
77,175

 
64,643

Certificates of Deposits ("CDs")
 
28,383

 

 
(3
)
 
28,380

 

 
23,372

 
5,008

Subtotal
 
260,142

 
45

 
(654
)
 
259,533

 
2,993

 
161,798

 
94,742

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total cash, cash equivalents
and investments measured at fair value
 
$
618,426

 
$
444

 
$
(934
)
 
$
617,936

 
$
280,293

 
$
218,773

 
$
118,870


March 31, 2017
 
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
 
$
295,877

 
$

 
$

 
$
295,877

 
$
295,877

 
$

 
$

Level 1:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds
 
12,079

 
352

 
(32
)
 
12,399

 

 
12,399

 

US Treasury Notes
 
35,960

 

 
(68
)
 
35,892

 

 
17,560

 
18,332

Money Market Funds
 

 

 

 

 

 

 

Subtotal
 
48,039

 
352

 
(100
)
 
48,291

 

 
29,959

 
18,332

Level 2:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Government Agency Securities
 
54,415

 
20

 
(164
)
 
54,271

 

 
15,309

 
38,962

Commercial Paper
 
47,152

 

 

 
47,152

 
6,093

 
41,059

 

Corporate Bonds
 
141,508

 
64

 
(224
)
 
141,348

 

 
73,676

 
67,672

Certificates of Deposits ("CDs")
 
20,383

 
3

 

 
20,386

 

 
18,176

 
2,210

Subtotal
 
263,458

 
87

 
(388
)
 
263,157

 
6,093

 
148,220

 
108,844

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total cash, cash equivalents
and investments measured at fair value
 
$
607,374

 
$
439

 
$
(488
)
 
$
607,325

 
$
301,970

 
$
178,179

 
$
127,176