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CASH, CASH EQUIVALENTS, AND INVESTMENTS (Tables)
3 Months Ended
Jun. 30, 2016
CASH, CASH EQUIVALENTS AND INVESTMENTS [Abstract]  
Cash, Cash Equivalents, and Investments
The following tables summarize the Company’s cash and available-for-sale securities’ adjusted cost, gross unrealized gains, gross unrealized losses, and fair value by significant investment category recorded as cash and cash equivalents, short-term, or long-term investments as of June 30, 2016 and March 31, 2016 (in thousands):
June 30, 2016
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
Cash & Cash Equivalents
 
Short-term investments (due in 1 year or less)
 
Long-term investments (due in 1 to 3 years)
Cash
 
$
215,580

 
$

 
$

 
$
215,580

 
$
215,580

 
$

 
$

Level 1:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds
 
10,871

 
131

 
(362
)
 
10,640

 

 
10,640

 

US Treasury Notes
 
24,024

 
53

 

 
24,077

 

 
13,978

 
10,099

Subtotal
 
34,895

 
184

 
(362
)
 
34,717

 

 
24,618

 
10,099

Level 2:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Government Agency Securities
 
61,399

 
79

 
(3
)
 
61,475

 

 
8,533

 
52,942

Commercial Paper
 
57,167

 

 

 
57,167

 
11,893

 
45,274

 

Corporate Bonds
 
141,424

 
396

 
(57
)
 
141,763

 

 
76,240

 
65,523

Certificates of Deposits ("CDs")
 
20,940

 

 

 
20,940

 

 
17,234

 
3,706

Subtotal
 
280,930

 
475

 
(60
)
 
281,345

 
11,893

 
147,281

 
122,171

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total cash, cash equivalents
and investments measured at fair value
 
$
531,405

 
$
659

 
$
(422
)
 
$
531,642

 
$
227,473

 
$
171,899

 
$
132,270


March 31, 2016
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
Cash & Cash Equivalents
 
Short-term investments (due in 1 year or less)
 
Long-term investments (due in 1 to 3 years)
Cash
 
$
232,600

 
$

 
$

 
$
232,600

 
$
232,600

 
$

 
$

Level 1:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds
 
10,025

 
32

 
(548
)
 
9,509

 

 
9,509

 

US Treasury Notes
 
25,051

 
21

 
(9
)
 
25,063

 

 
12,993

 
12,070

Subtotal
 
35,076

 
53

 
(557
)
 
34,572

 

 
22,502

 
12,070

Level 2:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Government Agency Securities
 
72,698

 
24

 
(20
)
 
72,702

 

 
10,521

 
62,181

Commercial Paper
 
37,628

 

 

 
37,628

 
650

 
36,978

 

Corporate Bonds
 
147,662

 
234

 
(97
)
 
147,799

 
2,016

 
77,115

 
68,668

Certificates of Deposits ("CDs")
 
15,639

 

 

 
15,639

 

 
12,935

 
2,704

Subtotal
 
273,627

 
258

 
(117
)
 
273,768

 
2,666

 
137,549

 
133,553

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total cash, cash equivalents
and investments measured at fair value
 
$
541,303

 
$
311

 
$
(674
)
 
$
540,940

 
$
235,266

 
$
160,051

 
$
145,623