Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

12 Months Ended

Mar. 31, 2016

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 during Fiscal 2015 and are categorized using the fair value hierarchy (in thousands):


	Fair Value Measurements at March 31, 2016
			Quoted Prices in
			Active Markets for		Significant Other		Significant
			for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Cash equivalents	$	3,002	$	3,002	$	—	$	—
Restricted Cash	$	5,002	$	5,002	$		$

The table below presents our assets and liabilities that are measured at fair value on a recurring basis during Fiscal 2014 and are categorized using the fair value hierarchy (in thousands):

Fair Value Measurements at March 31, 2015

Quoted Prices in

Active Markets for

Significant

Active Markets for

for

Unobservable

Identical Assets

Inputs

Total

(Level 1)

(Level 2)

(Level 3)

Cash equivalents

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

March 31, 2016

March 31, 2015

Carrying

Estimated

Carrying

Estimated

Value

Fair Value

Value

Fair Value

Obligations under the credit facility

9,459

12,953

Schedule of assumptions used to calculate estimated fair value of warrants


		Fiscal Year Ended
		March 31, 2014
Risk-free interest rates range		0.1% to 0.2 %
Contractual term (in years)		0.5 years to 1.2 years
Expected volatility range		37.2% to 65.8%