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Note 5 - Other Assets
3 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Other Assets Disclosure [Text Block]
5.
Other Assets
 
Other assets consist of the following (in thousands):
 
 
 
June 30,
 
 
March 31,
 
 
 
2017
 
 
2017
 
 
 
(unaudited)
 
Marketable equity securities
  $
1,821
    $
1,771
 
Long-term equity method investments
   
12,145
     
11,589
 
Other items, including cost method investments
   
8,236
     
4,615
 
Total
  $
22,202
    $
17,975
 
 
Available-for-Sale Investments
 
Marketable equity securities and auction rate preferred securities are designated as available-for-sale and are reported at fair value with unrealized gains and losses, net of income taxes, recorded in other comprehensive income (loss). Realized gains and losses (calculated as proceeds less specifically identified costs) and declines in value of these investments judged by management to be other than temporary, if any, are included in other income (expense), net.
 
Equity Method Investments
 
We have equity interests in Powersem GmbH, or Powersem, a semiconductor manufacturer based in Germany, EB Tech Ltd., or EB Tech, a radiation services provider based in South Korea and Automated Technology, Inc., or ATEC, an assembly and test services provider in the Philippines. These investments are accounted for using the equity method. For the
three
months ended
June 30, 2017
and
2016,
we recorded an immaterial amount of our proportionate share of the affiliates’ gains and losses under the equity method of accounting. The carrying values of our investments in Powersem, EB Tech and ATEC at
June 30, 2017
were
$2.7
 million,
$2.6
 million and
$6.8
 million, respectively. The carrying values of our investments in Powersem, EB Tech and ATEC at
March 
31,
2017
were
$2.5
 million,
$2.6
 million and
$6.5
 million, respectively.
 
Cost Method Investments
 
During the
three
months ended
June 30, 2017
and during fiscal
2017,
we made investments in privately-held companies. Those investments are accounted for under the cost method as they do
not
qualify for the fair value method or for another accounting method. As of
June 30, 2017
and
March 31, 2017,
the carrying values of those investments were
$4.1
million and
$3.1
 million, respectively. We do
not
estimate the fair value of those cost method investments because determining the fair value is
not
practicable.