FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Jun. 30, 2024

Schedule of Financial Assets and Liabilities

The following tables present the Company's financial assets and liabilities measured on a recurring basis using the fair value hierarchy at June 30, 2024 and March 31, 2024 (in thousands):


	Fair Value Measurements at
	June 30, 2024
	Level 1		Level 2		Level 3		Total
ASSETS:
Cash and cash equivalents	$	346,200	$	16,013	$	—	$	362,213
U.S. government and municipal obligations	5,991		3,875		—		9,866
Commercial paper	—		12,086		—		12,086

Certificates of deposit	—		2,829		—		2,829
Equity investment in Napatech	20,176		—		—		20,176
Derivative financial instruments	—		9		—		9


	$	372,367	$	34,812	$	—	$	407,179
LIABILITIES:


Derivative financial instruments	$	—	$	(123)	$	—	$	(123)
	$	—	$	(123)	$	—	$	(123)


	Fair Value Measurements at
	March 31, 2024
	Level 1		Level 2		Level 3		Total
ASSETS:
Cash and cash equivalents	$	381,829	$	7,845	$	—	$	389,674
U.S. government and municipal obligations	8,985		2,506		—		11,491
Commercial paper	—		8,648		—		8,648

Certificates of deposit	—		2,807		—		2,807
Equity investment in Napatech	11,507		—		—		11,507
Derivative financial instruments	—		11		—		11

	$	402,321	$	21,817	$	—	$	424,138
LIABILITIES:


Derivative financial instruments	$	—	$	(74)	$	—	$	(74)
	$	—	$	(74)	$	—	$	(74)