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Fair Value Measurements (Tables)
6 Months Ended
Sep. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]  
Schedule of Fair Value, Assets and LIabilities Measured on Recurring Basis
Assets and liabilities measured at fair value on a recurring basis at September 30, 2012 are as follows (amounts in thousands):
 
Quoted Prices
in Active
Markets for
 Identical
Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
 Unobservable
Inputs
(Level 3)
 
Total
Balance
Assets
 
 
 
 
 
 
 
Money market fund deposits
$
137,836

 
$
—

 
$
—

 
$
137,836

Marketable equity securities
4,435

 
—

 
—

 
4,435

Corporate bonds and debt
—

 
725,686

 
5,681

 
731,367

Government agency bonds
—

 
480,505

 
—

 
480,505

Deposit accounts
—

 
298,899

 
—

 
298,899

Municipal bonds
—

 
20,068

 
—

 
20,068

Auction rate securities
—

 
—

 
34,302

 
34,302

Total assets measured at fair value
$
142,271

 
$
1,525,158

 
$
39,983

 
$
1,707,412

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Contingent consideration
$
—

 
$
—

 
$
16,632

 
$
16,632

Total liabilities measured at fair value
$
—

 
$
—

 
$
16,632

 
$
16,632

  

Assets measured at fair value on a recurring basis at March 31, 2012 are as follows (amounts in thousands):

 
Quoted Prices
in Active
Markets for Identical Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Balance
Money market fund deposits
$
232,219

 
$
—

 
$
—

 
$
232,219

Marketable equity securities
5,264

 
—

 
—

 
5,264

Corporate bonds and debt
—

 
769,479

 
4,625

 
774,104

Government agency bonds
—

 
342,104

 
—

 
342,104

Deposit accounts
—

 
403,536

 
—

 
403,536

Municipal bonds
—

 
20,122

 
—

 
20,122

Auction rate securities
—

 
—

 
10,246

 
10,246

Total assets measured at fair value
$
237,483

 
$
1,535,241

 
$
14,871

 
$
1,787,595


Reconciliation for all assets measured at fair value on a recurring basis
The following tables present a reconciliation for all assets and liabilities measured at fair value on a recurring basis, excluding accrued interest components, using significant unobservable inputs (Level 3) for the three months ended September 30, 2012, and the year ended March 31, 2012 (amounts in thousands):

Six months ended September 30, 2012
 
Auction Rate
 Securities
 
Corporate
Debt
 
Contingent Consideration
 
Total Losses
Balance at March 31, 2012
 
$
10,246

 
$
4,625

 
$
—

 
$
—

Total gains or losses (realized and unrealized):
 
 
 
 
 
 
 
 
Included in earnings
 
(334
)
 
—

 
—

 
(334
)
Purchases, sales, issuances, and settlements, net
 
—

 
1,056

 
—

 
—

Additions
 
24,390

 
—

 
16,632

 
—

Balance at September 30, 2012
 
$
34,302

 
$
5,681

 
$
16,632

 
$
(334
)


Year ended March 31, 2012
 
Auction Rate
Securities
 
Corporate
Debt
 
Total Gains
Balance at March 31, 2011
 
$
12,475

 
$
3,500

 
$
—

Total gains or losses (realized and unrealized):
 
 
 
 
 
 
Included in earnings
 
271

 
—

 
271

Purchases, sales, issuances, and settlements, net
 
(2,500
)
 
1,125

 
—

Balance at March 31, 2012
 
$
10,246

 
$
4,625

 
$
271

Fair Value, by Balance Sheet Grouping
Assets measured at fair value on a recurring basis are presented/classified on the condensed consolidated balance sheets at September 30, 2012 as follows (amounts in thousands):

 
Quoted Prices
 in Active
Markets for
Identical
Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Balance
Cash and cash equivalents
$
137,836

 
$
298,899

 
$
—

 
$
436,735

Short-term investments
—

 
1,116,675

 
—

 
1,116,675

Long-term investments
4,435

 
109,584

 
39,983

 
154,002

Total assets measured at fair value
$
142,271

 
$
1,525,158

 
$
39,983

 
$
1,707,412


Assets measured at fair value on a recurring basis are presented/classified in the consolidated balance sheets at March 31, 2012 as follows (amounts in thousands):

 
Quoted Prices
in Active
Markets for
Identical
Instruments
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
 (Level 3)
 
Total
Balance
Cash and cash equivalents
$
232,219

 
$
403,536

 
$
—

 
$
635,755

Short-term investments
782

 
822,472

 
—

 
823,254

Long-term investments
4,482

 
309,233

 
14,871

 
328,586

Total assets measured at fair value
$
237,483

 
$
1,535,241

 
$
14,871

 
$
1,787,595