Quarterly report pursuant to Section 13 or 15(d)

Short-Term Investments

v2.3.0.15
Short-Term Investments
6 Months Ended
Sep. 30, 2011
Short-Term Investments [Abstract]  
Short-Term Investments

Note 12. Short-term Investments

The following table presents short-term investments as of September 30, 2011 and March 31, 2011:

 

(in thousands)    September 30,
2011
     March 31,
2011
 

Certificates of deposits

   $ 5,716      $ 490  

Held-to-maturity, pre-refunded municipal bonds

     13,130        —     
  

 

 

    

 

 

 

Total investments

   $ 18,846      $ 490  
  

 

 

    

 

 

 

The fair value of investments approximates their carrying amounts due to the short-term nature of these financial assets.