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Fair Value Measurements (Tables)
6 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis in its consolidated balance sheet as of September 30, 2017 and March 31, 2017 (in thousands):
 
 
 
Fair Value Measurements at September 30, 2017 Using
 
September 30, 2017
 
Quoted Prices In
Active Markets
for Identical
Assets (Level 1)
 
Significant Other
Observable
Inputs (Level 2)
 
Significant
Unobservable
Inputs (Level 3)
Assets
 
 
 
 
 
 
 
Marketable securities
$
343

 
$
343

 
$

 
$

Cash surrender value of life insurance policies
1,976

 

 
1,976

 

Total assets
$
2,319

 
$
343

 
$
1,976

 
$

Liabilities
 
 
 
 
 
 
 
Deferred compensation plans
$
574

 
$
574

 
$

 
$

Foreign exchange contracts
46

 

 
46

 

Total liabilities
$
620

 
$
574

 
$
46

 
$

 
 
 
Fair Value Measurements at March 31, 2017 Using
 
March 31, 2017
 
Quoted Prices In
Active Markets
for Identical
Assets (Level 1)
 
Significant Other
Observable
Inputs (Level 2)
 
Significant
Unobservable
Inputs (Level 3)
Assets
 
 
 
 
 
 
 
Marketable securities
$
319

 
$
319

 
$

 
$

Cash surrender value of life insurance policies
1,187

 

 
1,187

 

Total assets
$
1,506

 
$
319

 
$
1,187

 
$

Liabilities
 
 
 
 
 
 
 
Deferred compensation plans
$
364

 
$
364

 
$

 
$

Total liabilities
$
364

 
$
364

 
$

 
$