FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Jun. 30, 2021

Segregation of All Assets and Liabilities Measured at Fair Value on a Recurring Basis

The table below segregates all assets and liabilities that are measured at fair value on a recurring basis (which is measured at least annually) into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date.


	June 30, 2021		Quoted prices in active markets for identical assets (level 1)		Significant other observable inputs (level 2)		Significant unobservable inputs (level 3)		Balance Sheet Classification
Money market funds	$	633,114	$	633,114	$	—	$	—	Cash and cash equivalents
Bank-time deposits	382,000		382,000		—		—		Cash and cash equivalents
Commercial paper	17,980		—		17,980		—		Cash and cash equivalents
US Agencies	5,000		—		5,000		—		Cash and cash equivalents
Corporate bonds	1,001		—		1,001		—		Cash and cash equivalents
Corporate bonds	661,790		—		661,790		—		Short-term investments
Bank-time deposits	266,869		266,869		—		—		Short-term investments
US Treasuries	55,489		55,489		—		—		Short-term investments
Asset-backed securities	229		—		229		—		Short-term investments
Commercial paper	150,811		—		150,811		—		Short-term investments
Money market funds	642,912		642,912		—		—		Restricted cash and cash equivalents
Bank-time deposits	557		557		—		—		Restricted cash and cash equivalents
Money market funds	103,433		103,433		—		—		Long-term restricted cash and cash equivalents
Private equity	9,670		—		—		9,670		Other assets
Foreign currency forward contracts	(161)		—		(161)		—		Accrued expenses and other current liabilities
Contingent earn-out consideration	(28,294)		—		—		(28,294)		Accrued expenses and other current liabilities
Contingent earn-out consideration	(50,370)		—		—		(50,370)		Other long-term liabilities
Total recurring fair value measurements, net	$	2,852,030	$	2,084,374	$	836,650	$	(68,994)


	March 31, 2021		Quoted prices in active markets for identical assets (level 1)		Significant other observable inputs (level 2)		Significant unobservable inputs (level 3)		Balance Sheet Classification
Money market funds	$	837,614	$	837,614	$	—	$	—	Cash and cash equivalents
Bank-time deposits	95,000		95,000		—		—		Cash and cash equivalents
Commercial paper	100,105		—		100,105		—		Cash and cash equivalents
Corporate bonds	—		—		—		—		Cash and cash equivalents
Money market funds	528,659		528,659		—		—		Restricted cash and cash equivalents
Bank-time deposits	563		563		—		—		Restricted cash and cash equivalents
Corporate bonds	521,224		—		521,224		—		Short-term investments
Bank-time deposits	578,762		578,762		—		—		Short-term investments
US Treasuries	60,086		60,086		—		—		Short-term investments
Commercial paper	148,150		—		148,150		—		Short-term investments
Asset-backed securities	470		—		470		—		Short-term investments
Money market funds	98,541		98,541		—		—		Long-term restricted cash and cash equivalents
Private equity	7,578		—		—		7,578		Other assets
Foreign currency forward contracts	$	(125)	$	—	$	(125)	$	—	Accrued expenses and other current liabilities
Total recurring fair value measurements, net	$	2,976,627	$	2,199,225	$	769,824	$	7,578