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FAIR VALUE (Tables)
12 Months Ended
Mar. 31, 2013
FAIR VALUE  
Summary of the Company's assets and liabilities measured at fair value on a recurring basis

 

 

(In thousands)
  March 31,
2013
  Level 1   Level 2   Level 3  

Assets:

                         

Cash equivalents

  $ 1,201   $ 1,201   $   $  

U.S. government and agency debt securities

    162,151     75,025     87,126      

International government agency debt securities

    13,156         13,156      

Corporate debt securities

    29,510         29,510      
                   

Total

  $ 206,018   $ 76,226   $ 129,792   $  
                   

Liabilities:

                         

Interest rate swap contract

  $ (541 )       (541 )    
                   

Total

  $ (541 ) $   $ (541 ) $  
                   


 

 
  March 31,
2012
  Level 1   Level 2   Level 3  

Assets:

                         

Cash equivalents

  $ 1,201   $ 1,201   $   $  

U.S. government and agency debt securities

    98,398     98,398          

International government agency debt securities

    35,903     30,902         5,001  

Corporate debt securities

    19,700         14,045     5,655  

Strategic equity investments

    1,482     1,482          

Interest rate cap contracts

    20         20      
                   

 

  $ 156,704   $ 131,983   $ 14,065   $ 10,656  
                   

Liabilities:

                         

Interest rate swap contract

  $ (522 )       (522 )    
                   

Total

  $ (522 ) $   $ (522 ) $  
                   
Roll forward of the fair value of the Company's investments whose fair value was determined using Level 3 inputs

 

 

(In thousands)
  Fair Value  

Balance, April 1, 2012

  $ 10,656  

Investments transferred into Level 3

    1,579  

Investments transferred out of Level 3

    (12,247 )

Total unrealized gains included in comprehensive loss

    12  
       

Balance, March 31, 2013

  $  
       
Estimated fair value of term loans

 

 

(In thousands)
  Carrying
Value
  Estimated
Fair Value
 

Term Loan B-1

  $ 296,029   $ 298,375  

Term Loan B-2

  $ 72,979   $ 73,308