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CASH, CASH EQUIVALENTS, AND INVESTMENTS (Tables)
6 Months Ended
Sep. 30, 2017
CASH, CASH EQUIVALENTS AND INVESTMENTS [Abstract]  
Cash, Cash Equivalents, and Investments
The following tables summarize the Company’s cash and available-for-sale securities’ amortized 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 September 30, 2017 and March 31, 2017 (in thousands):
September 30, 2017
 
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
 
$
290,429

 
$

 
$

 
$
290,429

 
$
290,429

 
$

 
$

Level 1:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds
 
13,507

 
675

 
(27
)
 
14,155

 

 
14,155

 

US Treasury Notes
 
32,958

 

 
(66
)
 
32,892

 

 
20,084

 
12,808

Subtotal
 
46,465

 
675

 
(93
)
 
47,047

 

 
34,239

 
12,808

Level 2:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Government Agency Securities
 
47,851

 

 
(139
)
 
47,712

 

 
26,870

 
20,842

Commercial Paper
 
52,099

 

 

 
52,099

 
11,185

 
40,914

 

Corporate Bonds
 
146,781

 
126

 
(95
)
 
146,812

 

 
78,730

 
68,082

Certificates of Deposits ("CDs")
 
21,532

 
14

 

 
21,546

 
1,502

 
16,525

 
3,519

Subtotal
 
268,263

 
140

 
(234
)
 
268,169

 
12,687

 
163,039

 
92,443

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total cash, cash equivalents
and investments measured at fair value
 
$
605,157

 
$
815

 
$
(327
)
 
$
605,645

 
$
303,116

 
$
197,278

 
$
105,251


March 31, 2017
 
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
 
$
295,877

 
$

 
$

 
$
295,877

 
$
295,877

 
$

 
$

Level 1:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds
 
12,079

 
352

 
(32
)
 
12,399

 

 
12,399

 

US Treasury Notes
 
35,960

 

 
(68
)
 
35,892

 

 
17,560

 
18,332

Subtotal
 
48,039

 
352

 
(100
)
 
48,291

 

 
29,959

 
18,332

Level 2:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Government Agency Securities
 
54,415

 
20

 
(164
)
 
54,271

 

 
15,309

 
38,962

Commercial Paper
 
47,152

 

 

 
47,152

 
6,093

 
41,059

 

Corporate Bonds
 
141,508

 
64

 
(224
)
 
141,348

 

 
73,676

 
67,672

Certificates of Deposits ("CDs")
 
20,383

 
3

 

 
20,386

 

 
18,176

 
2,210

Subtotal
 
263,458

 
87

 
(388
)
 
263,157

 
6,093

 
148,220

 
108,844

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total cash, cash equivalents
and investments measured at fair value
 
$
607,374

 
$
439

 
$
(488
)
 
$
607,325

 
$
301,970

 
$
178,179

 
$
127,176