Short-term Investments

v2.4.1.9

Short-term Investments	9 Months Ended
	Dec. 31, 2014
Short-term Investments [Abstract]
Short-term Investments	Short-term Investments The following table presents short-term investments as of December 31, 2014, and March 31, 2014: (in thousands) December 31, 2014   March 31, 2014 Certificates of deposit $ 8,413   $ 1,476 Held-to-maturity, pre-refunded municipal bonds 16,809   14,108 Total short-term investments $ 25,222   $ 15,584 The fair value of investments approximates their carrying amounts due to the short-term nature of these financial assets.