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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Assets Measurement

The following table provides the fair value hierarchy for the supplemental plan assets measured at fair value as of June 30, 2016:

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Quoted prices in

 

 

observable

 

 

unobservable

 

 

Measured at

 

 

 

 

 

 

 

active markets

 

 

inputs

 

 

inputs

 

 

Net Asset

 

(In thousands)

 

Total

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

 

Value

 

Equity securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock

 

$

3,571

 

 

 

3,571

 

 

 

 

 

 

 

 

 

 

Foreign stock

 

 

149

 

 

 

149

 

 

 

 

 

 

 

 

 

 

American depository receipts

 

 

1,330

 

 

 

1,330

 

 

 

 

 

 

 

 

 

 

Preferred American depository receipts

 

 

16

 

 

 

16

 

 

 

 

 

 

 

 

 

 

Real estate investment trusts

 

 

20

 

 

 

20

 

 

 

 

 

 

 

 

 

 

Debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Government debt securities

 

 

1,624

 

 

 

936

 

 

 

688

 

 

 

 

 

 

 

Open end mutual funds

 

 

1,709

 

 

 

 

 

 

 

 

 

 

 

 

1,709

 

Cash and cash equivalents

 

 

577

 

 

 

108

 

 

 

451

 

 

 

 

 

 

18

 

Total

 

$

8,996

 

 

 

6,130

 

 

 

1,139

 

 

 

 

 

 

1,727

 

Other pending transactions

 

 

(77

)

 

 

(77

)

 

 

 

 

 

 

 

 

 

Total fair value of plan assets

 

$

8,919

 

 

 

6,053

 

 

 

1,139

 

 

 

 

 

 

1,727

 

The following table provides the fair value hierarchy for the plan assets measured at fair value as of March 31, 2016:

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Quoted prices in

 

 

observable

 

 

unobservable

 

 

Measured at

 

 

 

 

 

 

 

active markets

 

 

inputs

 

 

inputs

 

 

Net Asset

 

(In thousands)

 

Total

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

 

Value

 

Equity securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock

 

$

3,290

 

 

 

3,290

 

 

 

 

 

 

 

 

 

 

Foreign stock

 

 

159

 

 

 

159

 

 

 

 

 

 

 

 

 

 

American depository receipts

 

 

1,311

 

 

 

1,311

 

 

 

 

 

 

 

 

 

 

Preferred American depository receipts

 

 

13

 

 

 

13

 

 

 

 

 

 

 

 

 

 

Real estate investment trusts

 

 

61

 

 

 

61

 

 

 

 

 

 

 

 

 

 

Debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Government debt securities

 

 

1,711

 

 

 

972

 

 

 

739

 

 

 

 

 

 

 

Open end mutual funds

 

 

1,663

 

 

 

 

 

 

 

 

 

 

 

 

1,663

 

Cash and cash equivalents

 

 

343

 

 

 

13

 

 

 

282

 

 

 

 

 

 

48

 

Total

 

$

8,551

 

 

 

5,819

 

 

 

1,021

 

 

 

 

 

 

1,711

 

Other pending transactions

 

 

260

 

 

 

291

 

 

 

(49

)

 

 

 

 

 

18

 

Total fair value of plan assets

 

$

8,811

 

 

 

6,110

 

 

 

972

 

 

 

 

 

 

1,729

 

 

Schedule of Fair Value Other Financial Instruments Measured

The following table provides the fair value hierarchy for the company’s other financial instruments measured as of June 30, 2016:

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

Quoted prices in

 

 

observable

 

 

unobservable

 

 

 

 

 

 

 

active markets

 

 

inputs

 

 

inputs

 

(In thousands)

 

Total

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Cash equivalents

 

$

623,016

 

 

 

623,016

 

 

 

 

 

 

 

Total fair value of assets

 

$

623,016

 

 

 

623,016

 

 

 

 

 

 

 

 

The following table provides the fair value hierarchy for the company’s other financial instruments measured as of March 31, 2016:

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

Quoted prices in

 

 

observable

 

 

unobservable

 

 

 

 

 

 

 

active markets

 

 

inputs

 

 

inputs

 

(In thousands)

 

Total

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Cash equivalents

 

$

643,770

 

 

 

643,770

 

 

 

 

 

 

 

Total fair value of assets

 

$

643,770

 

 

 

643,770