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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Estimated useful lives of Property and equipment
Depreciation expense is recorded using the straight-line method over the estimated useful lives of the respective assets as follows:
Computer equipment and software
3 - 5 years
Digital cinema projection systems
10 years
Machinery and equipment
3 - 10 years
Furniture and fixtures
3 - 6 years
Fair Value Measurements of financial assets
The following tables summarize the levels of fair value measurements of our financial assets and liabilities as of September 30, 2017 and March 31, 2017:
(in thousands)
 
Level 1
 
Level 2
 
Level 3
 
Total
Restricted cash
 
$
1,000


$


$


$
1,000

Employee stock-based compensation expense related to stock-based awards
Employee and director stock-based compensation expense related to our stock-based awards was as follows:
 
 
 Three Months Ended September 30,
 
 Six Months Ended September 30,
(In thousands)
 
2017
 
2016
 
2017
 
2016
Direct operating
 
$
13

 
$
2

 
$
13

 
$
5

Selling, general and administrative
 
317

 
740

 
634

 
1,015

 
 
$
330

 
$
742

 
$
647

 
$
1,020