OTHER CURRENT ACCRUED LIABILITIES

9 Months Ended

Dec. 31, 2016

OTHER CURRENT ACCRUED LIABILITIES [Abstract]

OTHER CURRENT ACCRUED LIABILITIES

NOTE 11. OTHER CURRENT ACCRUED LIABILITIES

Other current accrued liabilities consist of the following (in thousands):

	December 31, 2016		March 31, 2016
Accrued liabilities for customer sales incentive programs	$	6,128	$	4,973
Installment payment obligation accrued related to acquisition		-		1,077
Other current accrued liabilities		3,963		3,343
Total other current accrued liabilities	$	10,091	$	9,393

As of December 31, 2016, accrued liabilities for customer sales incentive programs consisted primarily of (i) a liability to distributors or end-users for cash rebates upon meeting certain requirements during a qualifying period and (ii) a liability to resellers for incentives that we estimate at the time of initial sale and adjust as earned by end-users during a specified promotional period.

We paid the remaining installment obligation of GBP 750,000 less post-closing indemnification obligations of certain of the sellers totaling $0.8 million during the third quarter of fiscal 2017, based on the GBP to U.S. dollar exchange rate on the date of payment, related to our acquisition of QCR and Trio in November 2014. See Note 3, “Acquisitions” for additional information on our acquisition of QCR and Trio.

Other current accrued liabilities included notes payable and various expenses that we accrued for transaction taxes and professional costs.