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Other Assets
12 Months Ended
Mar. 31, 2013
Other Assets Noncurrent Disclosure [Abstract]  
Other Assets Disclosure Noncurrent [Text Block]

4. Other Assets

 Other assets consist of the following (in thousands):
   March 31,
   2013 2012
Marketable equity securities$ 4,116 $ 1,064
Auction rate preferred securities  350   350
Equity method investments  5,449   5,340
Other items  320   1,155
 Total$ 10,235 $ 7,909
        
  Based on evaluation of available evidence as of March 31, 2013, we concluded that an impairment of certain marketable equity
securities was other than temporary. As a result, we realized an impairment loss totaling $1.3 million. Available-for-sale investment
securities have been stated at their fair value as of March 31, 2013 and include an unrealized gain, net of taxes, of $60,000 at
March 31, 2013, and an unrealized loss, net of taxes, of $68,000 at March 31, 2012.

 Available-for-sale investments as of March 31, 2013 and 2012 were as follows (in thousands):
                 
  Fiscal Year 2013 Fiscal Year 2012
  Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value
                 
Marketable equity securities$ 4,024 $ 109 $ (17) $ 4,116 $ 1,168 $ 45 $ (149) $ 1,064
Auction rate preferred securities$ 350 $ - $ - $ 350 $ 350 $ - $ - $ 350

 The available-for-sale investments that were in a continuous unrealized loss position as of March 31, 2013 and
March 31, 2012, aggregated by length of time that individual securities have been in a continuous loss position, were
as follows (in thousands):
              
   Less than 12 Months 12 Months or Greater Total
 Period Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value
 March 31, 2013 $ 9 $ 27 $ 8 $ 263 $ 17 $ 290
 March 31, 2012 $ - $ 57 $ 149 $ 329 $ 149 $ 386

Gross unrealized losses on our available-for-sale portfolio were immaterial to the consolidated balance sheets at March 31, 2013 and March 31, 2012.

 

During fiscal 2013, we recognized a gain of $109,000 on the sale of available-for-sale investment securities. In respect of those securities, there was an unrealized loss of $64,000 included in accumulated other comprehensive income as of March 31, 2012.

 

Our equity method investments constitute investments accounted for under the equity method of accounting. See Note 2, “Summary of Significant Accounting Policies” and Note 12, “Related Party Transactions” for further information on these investments.