Short-term Investments

v2.4.0.8

Short-term Investments	6 Months Ended
	Sep. 30, 2014
Short-term Investments [Abstract]
Short-term Investments	Short-term Investments The following table presents short-term investments as of September 30, 2014, and March 31, 2014: (in thousands) September 30, 2014   March 31, 2014 Certificates of deposit $ 5,368   $ 1,476 Held-to-maturity, pre-refunded municipal bonds 15,002   14,108 Total short-term investments $ 20,370   $ 15,584 The fair value of investments approximates their carrying amounts due to the short-term nature of these financial assets.