SHORT-TERM INVESTMENTS (Tables)

3 Months Ended

Jun. 30, 2021

Investments, Debt and Equity Securities [Abstract]

Schedule of Short-Term Investments

Our Short-term investments consisted of the following:

	June 30, 2021
			Gross Unrealized
	Cost or Amortized Cost		Gains		Losses		Fair Value
Short-term investments
Bank time deposits	$	266,869	$	—	$	—	$	266,869
Available-for-sale securities:
Corporate bonds	661,327		713		(250)		661,790
US Treasuries	55,463		26		—		55,489
Asset-backed securities	229		—		—		229
Commercial paper	150,811		—		—		150,811
Total Short-term investments	$	1,134,699	$	739	$	(250)	$	1,135,188

 

	March 31, 2021
			Gross Unrealized
	Cost or Amortized Cost		Gains		Losses		Fair Value
Short-term investments
Bank time deposits	$	578,762	$	—	$	—	$	578,762
Available-for-sale securities:
Corporate bonds	520,486		994		(256)		521,224
US Treasuries	60,029		57		—		60,086
Asset-backed securities	469		1		—		470
Commercial paper	148,149		1		—		148,150
Total Short-term investments	$	1,307,895	$	1,053	$	(256)	$	1,308,692

Summary of the Contracted Maturities of Short-Term Investments

The following table summarizes the contracted maturities of our short-term investments at June 30, 2021:

	June 30, 2021
	Amortized Cost		Fair Value
Short-term investments
Due in 1 year or less	$	892,200	$	892,781
Due in 1 - 2 years	242,499		242,407
Total Short-term investments	$	1,134,699	$	1,135,188