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INVESTMENTS (Tables)
9 Months Ended
Dec. 31, 2012
INVESTMENTS [Abstract]  
Available-for-sale and held-to-maturity investments
Our investments are classified as either available-for-sale or held-to-maturity.  The following table summarizes available-for-sale and held-to-maturity investments as of December 31, 2012 and March 31, 2012 (in thousands):

Available-for-Sale Investments
Gross
Gross
Amortized
Unrealized
Unrealized
Fair
December 31, 2012
Cost
Gain
(Loss)
Value
Certificates of deposits
$
996
$
6
$
-
$
1,002
Corporate bonds
6,033
71
-
6,104
Municipal bonds
531
1
-
532
Total available-for-sale investments
$
7,560
$
78
$
-
$
7,638
Held-to-Maturity Investments
Gross
Gross
Amortized
Unrecognized
Unrecognized
Fair
December 31, 2012
Cost
Gain
(Loss)
Value
Certificates of deposits
$
3,590
$
1
$
(1
)
$
3,590
Corporate bonds
19,953
172
(2
)
20,123
Municipal bonds
13,175
38
(20
)
13,193
Total held-to-maturity investments
$
36,718
$
211
$
(23
)
$
36,906

Available-for-Sale Investments
Gross
Gross
Amortized
Unrealized
Unrealized
Fair
March 31, 2012
Cost
Gain
(Loss)
Value
Certificates of deposits
$
1,245
$
2
$
-
$
1,247
Corporate bonds
6,047
38
-
6,085
Municipal bonds
961
1
-
962
Total available-for-sale investments
$
8,253
$
41
$
-
$
8,294
Held-to-Maturity Investments
Gross
Gross
Amortized
Unrecognized
Unrecognized
Fair
March 31, 2012
Cost
Gain
(Loss)
Value
Certificates of deposits
$
844
$
-
$
-
$
844
Corporate bonds
23,072
131
(31
)
23,172
Municipal bonds
12,921
71
(1
)
12,991
Total held-to-maturity investments
$
36,837
$
202
$
(32
)
$
37,007

Amortized cost and fair value of investments, classified by stated maturity
The following table summarizes the amortized cost and fair value of our investments, classified by stated maturity as of December 31, 2012 and March 31, 2012 (in thousands):

 
December 31, 2012
 
 
December 31, 2012
 
 
Available-for-Sale Investments
 
 
Held-to-Maturity Investments
 
 
Amortized Cost
 
 
Fair Value
 
 
Amortized Cost
 
 
Fair Value
 
Due in less than one year
 
$
1,029
 
 
$
1,032
 
 
$
21,612
 
 
$
21,669
 
Due in 1 to 4 years
 
 
6,531
 
 
 
6,606
 
 
 
15,106
 
 
 
15,237
 
Total investments
 
$
7,560
 
 
$
7,638
 
 
$
36,718
 
 
$
36,906
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2012
 
 
March 31, 2012
 
 
Available-for-Sale Investments
 
 
Held-to-Maturity Investments
 
 
Amortized Cost
 
 
Fair Value
 
 
Amortized Cost
 
 
Fair Value
 
Due in less than one year
 
$
670
 
 
$
670
 
 
$
21,019
 
 
$
21,062
 
Due in 1 to 4 years
 
 
7,583
 
 
 
7,624
 
 
 
15,818
 
 
 
15,945
 
Total investments
 
$
8,253
 
 
$
8,294
 
 
$
36,837
 
 
$
37,007