SHORT-TERM INVESTMENTS

12 Months Ended

Mar. 31, 2022

Investments, Debt and Equity Securities [Abstract]

SHORT-TERM INVESTMENTS

SHORT-TERM INVESTMENTS

    Our short-term investments consisted of the following as of March 31, 2022:

	March 31, 2022
	Cost or Amortized Cost		Gross Unrealized
			Gains		Losses		Fair Value
Short-term investments
Bank time deposits	$	131,797	$	—	$	—	$	131,797
Available-for-sale securities:
Corporate bonds	544,214		—		(5,754)		538,460
US Treasuries	23,420		4		(10)		23,414
Commercial paper	125,390		—		—		125,390
Certificates of Deposit	999		—		—		999
Total short-term investments	$	825,820	$	4	$	(5,764)	$	820,060

	March 31, 2021
	Cost or Amortized Cost		Gross Unrealized
			Gains		Losses		Fair Value
Short-term investments
Bank time deposits	$	578,762	$	—	$	—	$	578,762
Available-for-sale securities:
Corporate bonds	520,486		994		(256)		521,224
US Treasuries	60,029		57		—		60,086
Commercial paper	148,149		1		—		148,150
Asset-backed securities	469		1		—		470
Total short-term investments	$	1,307,895	$	1,053	$	(256)	$	1,308,692

    The following table summarizes the contracted maturities of our short-term investments at March 31, 2022:

	March 31, 2022
	Amortized Cost		Fair Value
Short-term investments
Due in 1 year or less	$	659,147	$	656,775
Due in 1-2 years	166,673		163,285
Total short-term investments	$	825,820	$	820,060