Fair Value Measurements (Tables)

3 Months Ended

Jun. 30, 2019

Fair Value Disclosures [Abstract]

Schedule of Business Acquisitions by Acquisition, Contingent Consideration

Selected information relating to the aforementioned contingent consideration follows (in thousands):

	Contingent Earn-out Consideration
Estimated fair value as of June 1, 2018	$	1,600
Accretion	64
Remeasurement adjustment	(298		)
Contingent Earn-out Consideration as of March 31, 2019	1,366
Accretion	16
Contingent Earn-out Consideration as of June 30, 2019	$	1,382

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 sheets as of June 30, 2019 and March 31, 2019 (in thousands):

	June 30, 2019		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash surrender value of life insurance policies	$	2,805	$	—	$	2,805	$	—
Total assets	$	2,805	$	—	$	2,805	$	—
Liabilities:
Contingent earn-out consideration	$	1,382	$	—	$	—	$	1,382
Deferred compensation plans	1,263		1,263		—		—
Total liabilities	$	2,645	$	1,263	$	—	$	1,382

	March 31, 2019		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash surrender value of life insurance policies	$	2,765	$	—	$	2,765	$	—
Total assets	$	2,765	$	—	$	2,765	$	—
Liabilities:
Contingent earn-out consideration	$	1,366	$	—	$	—	$	1,366
Interest rate swap agreement	580		—		580		—
Deferred compensation plans	1,156		1,156		—		—
Total liabilities	$	3,102	$	1,156	$	580	$	1,366