INCOME TAXES

6 Months Ended

Sep. 30, 2011

INCOME TAXES [Abstract]

INCOME TAXES

13. INCOME TAXES

As of September 30, 2011, our gross liability related to uncertain tax positions was $719 thousand. At September 30, 2011, if the unrecognized tax benefits of $719 thousand were to be recognized, including the effect of interest, penalties and federal tax benefit, the impact would be $827 thousand. We recognized accrued interest and penalties related to unrecognized tax benefits as a component of tax expense. Our unaudited condensed consolidated statements of operations include interest of $11 thousand and $22 thousand for the three and six months ended September 30, 2011, and $8 thousand and $16 thousand, respectively, for the same periods last year. We did not recognize any additional penalties. We had $167 thousand and $144 thousand accrued for the payment of interest at September 30, 2011 and 2010, respectively.