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Short Term Investments
9 Months Ended
Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]  
Short Term Investments

Note 2: Short Term Investments

 

The Company’s short term investments balance consists of short term bond mutual funds. In accordance with ASC Topic 320 (“Accounting for Certain Investments in Debt and Equity Securities”), short term investments are accounted for as available for sale securities with any changes in fair value to be reflected in other comprehensive income. The Company had a short term investments balance of $15.6 million as of both December 31, 2015 and as of March 31, 2015.