Short-Term Investments

12 Months Ended

Mar. 31, 2017

Short-Term Investments [Abstract]

Short-Term Investments

4. Short-Term Investments

The short-term investments contain the assets of the Company’s deferred compensation plan. The plan’s assets consist primarily of mutual funds and are classified as available for sale. The Company did not redeem any short-term investments for the payment of deferred compensation liabilities during the years ended March 31, 2017 and 2016. As of March 31, 2017 and 2016, the fair market value of the short-term investments was $2,140,000 and $1,813,000, and the liability to plan participants was $2,140,000 and $1,813,000, respectively.