Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.3.1.900
Fair Value Measurements (Tables)
 9 Months Ended
Dec. 31, 2015
Fair Value Measurements  
Schedule of assets and liabilities measured at fair value on a recurring basis

 

The table below presents our assets and liabilities that are measured at fair value on a recurring basis at December 31, 2015 and are categorized using the fair value hierarchy (in thousands):

 

 

 

Fair Value Measurements at December 31, 2015

 

 

 

Total

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

Significant Other
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Cash Equivalents

 

$
5,001 

 

$
5,001 

 

$

—

 

$

—

 

Restricted Cash

 

$
5,000 

 

$
5,000 

 

$

—

 

$

—

 

 

The table below presents our assets and liabilities that are measured at fair value on a recurring basis during the fiscal year ended March 31, 2015 and are categorized using the fair value hierarchy (in thousands):

 

 

 

Fair Value Measurements at March 31, 2015

 

 

 

Total

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Cash Equivalents

 

$
13,737 

 

$
13,737 

 

$

—

 

$

—

 

 

Schedule of carrying values and estimated fair values of obligations under the revolving credit facility

 

The carrying values and estimated fair values of these obligations are as follows (in thousands):

 

 

 

As of

 

As of

 

 

 

December 31, 2015

 

March 31, 2015

 

 

 

Carrying

 

Estimated

 

Carrying

 

Estimated

 

 

 

Value

 

Fair Value

 

Value

 

Fair Value

 

Obligations under credit facility

 

$
9,600 

 

$
9,600 

 

$
12,953 

 

$
12,953