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DEFERRED COMPENSATION
9 Months Ended
Dec. 31, 2017
Compensation Related Costs [Abstract]  
DEFERRED COMPENSATION
DEFERRED COMPENSATION

As of December 31, 2017, the Company held bank deposits of $0.8 million and investments in mutual funds totaling $14.6 million, all of which related to debt and equity securities that are held in rabbi trusts under non-qualified deferred compensation plans. The total related deferred compensation liability was $15.9 million at December 31, 2017. As of March 31, 2017, the Company held bank deposits of $0.8 million and investments in mutual funds totaling $12.4 million. The total related deferred compensation liability at March 31, 2017 was $13.7 million.

The bank deposits are recorded on the condensed consolidated balance sheets under "cash and cash equivalents". The securities are classified as trading securities and are recorded on the condensed consolidated balance sheets under "short-term investments". The liability is recorded on the condensed consolidated balance sheets under "other long-term liabilities" and "accrued liabilities".