COMMITMENTS AND CONTINGENCIES

12 Months Ended

Mar. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Acquisition related

The Company has one contingent liability related to the acquisition of Simena in November 2011 for future consideration to be paid to the former seller which had an initial fair value of $8.0 million at the time of acquisition. At March 31, 2016, the present value of the future consideration was $4.6 million.

The Company has one contingent liability related to the Transaction in July 2015 which represents the tax effected portion of the contingently returnable consideration. At March 31, 2016, the fair value of the future consideration to be paid to Danaher was $2.7 million. For additional information, see Note 7 of the Company's Notes to consolidated Financial Statements.

Legal

From time to time, NetScout is subject to legal proceedings and claims in the ordinary course of business. In the opinion of management, the amount of ultimate expense with respect to any current legal proceedings and claims, if determined adversely, will not have a significant adverse effect on the Company’s financial condition, results of operations or cash flows.

Unconditional purchase obligations

At March 31, 2016, the Company had unconditional purchase obligations of $54.1 million, which represent estimated open purchase orders to purchase inventory as well as commitments for products and services used in the normal course of business.

Leases

NetScout leases office space under non-cancelable operating leases. Total rent expense under the leases was $12.8 million, $5.9 million and $6.0 million for the fiscal years ended March 31, 2016, 2015 and 2014, respectively.

At March 31, 2016, future non-cancelable minimum lease commitments (including office space, copiers and automobiles) are as follows (in thousands):



Year Ending March 31,
2017	$	21,448
2018	15,750
2019	10,064
2020	4,720
2021	3,542
Remaining years	6,333
Total minimum lease payments	$	61,857