XML 37 R27.htm IDEA: XBRL DOCUMENT
v3.22.4

Investments (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract] |
Cost, Gross Unrealized Gains and Losses, and Fair Value of Investments | The cost, gross unrealized gains and losses, and fair value of investments are as follows (in thousands):
| As of December 31, 2022
| Cost or Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  |  |  | Fair Value
Cash equivalents: |  |  |  |  |  |  |  |  |
Commercial paper | $ | 16,459 |  |  | $ | — |  |  | $ | (4) |  |  |  |  | $ | 16,455 |
Money market funds | 6,580 |  |  | — |  |  | — |  |  |  |  | 6,580 |
Total cash equivalents | 23,039 |  |  | — |  |  | (4) |  |  |  |  | 23,035 |
Marketable securities: |  |  |  |  |  |  |  |  |
Asset-backed securities | 7,754 |  |  | — |  |  | (119) |  |  |  |  | 7,635 |
Certificates of deposit | 15,414 |  |  | — |  |  | (111) |  |  |  |  | 15,303 |
Commercial paper | 52,531 |  |  | 5 |  |  | (112) |  |  |  |  | 52,424 |
Corporate notes and bonds | 144,640 |  |  | 5 |  |  | (1,515) |  |  |  |  | 143,130 |
Sovereign bonds | 7,743 |  |  | — |  |  | (463) |  |  |  |  | 7,280 |
U.S. government and agency securities | 461,540 |  |  | — |  |  | (22,801) |  |  |  |  | 438,739 |
Total marketable securities | 689,622 |  |  | 10 |  |  | (25,121) |  |  |  |  | 664,511 |
Total cash equivalents and marketable securities | $ | 712,661 |  |  | $ | 10 |  |  | $ | (25,125) |  |  |  |  | $ | 687,546 |
The cost, gross unrealized gains and losses, and fair value of investments were as follows (in thousands):
| As of March 31, 2022
| Cost or Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  |  |  | Fair Value
Cash equivalents: |  |  |  |  |  |  |  |  |
Commercial paper | $ | 2,686 |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | 2,686 |
Money market funds | 20,072 |  |  | — |  |  | — |  |  |  |  | 20,072 |
Total cash equivalents | 22,758 |  |  | — |  |  | — |  |  |  |  | 22,758 |
Marketable securities: |  |  |  |  |  |  |  |  |
Asset-backed securities | 7,791 |  |  | — |  |  | (51) |  |  |  |  | 7,740 |
Commercial paper | 9,436 |  |  | — |  |  | (53) |  |  |  |  | 9,383 |
Corporate notes and bonds | 129,900 |  |  | — |  |  | (1,796) |  |  |  |  | 128,104 |
Sovereign bonds | 8,770 |  |  | — |  |  | (334) |  |  |  |  | 8,436 |
U.S. government and agency securities | 549,901 |  |  | — |  |  | (18,260) |  |  |  |  | 531,641 |
Total marketable securities | 705,798 |  |  | — |  |  | (20,494) |  |  |  |  | 685,304 |
Total cash equivalents and marketable securities | $ | 728,556 |  |  | $ | — |  |  | $ | (20,494) |  |  |  |  | $ | 708,062 |
Contractual Maturities of Available-For-Sale Debt Securities | As of December 31, 2022, the contractual maturities of the Company’s available-for-sale debt securities were as follows (in thousands):
| Fair Value
Due within one year | $ | 309,888 |
Due in one year to three years | 371,078 |
Total | $ | 680,966 |

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration