Subsequent Events	9 Months Ended
Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Events	12. Subsequent Events On January 30, 2015, the Company entered into Amendment No. 4 (the “Amendment”) to its Second Amended and Restated Loan and Security Agreement, dated as of January 12, 2010, as previously amended (the “Line”). The Amendment, among other things, extends the maturity date of the Line from January 31, 2015 to January 31, 2018. Prior to the Amendment, the credit facility provided for a $150.0 million revolving line of credit. The Amendment provides for an increase in the credit line of $75 million, bringing the total credit line to $225 million, in the event of the successful completion of a presently contemplated issuer tender offer. As previously announced, Nicholas intends to purchase up to $70.0 million (but not less than $50.0 million) in aggregate value of the Company’s outstanding Common shares via a modified “Dutch auction” tender offer. If such a tender offer is not successfully completed, the credit line will remain at $150.0 million. Borrowings under the Line may be under various LIBOR pricing options, plus 300 basis points, with a 1% floor on LIBOR.

Subsequent Events

9 Months Ended

Dec. 31, 2014

12. Subsequent Events

On January 30, 2015, the Company entered into Amendment No. 4 (the “Amendment”) to its Second Amended and Restated Loan and Security Agreement, dated as of January 12, 2010, as previously amended (the “Line”). The Amendment, among other things, extends the maturity date of the Line from January 31, 2015 to January 31, 2018.

Prior to the Amendment, the credit facility provided for a $150.0 million revolving line of credit. The Amendment provides for an increase in the credit line of $75 million, bringing the total credit line to $225 million, in the event of the successful completion of a presently contemplated issuer tender offer. As previously announced, Nicholas intends to purchase up to $70.0 million (but not less than $50.0 million) in aggregate value of the Company’s outstanding Common shares via a modified “Dutch auction” tender offer. If such a tender offer is not successfully completed, the credit line will remain at $150.0 million. Borrowings under the Line may be under various LIBOR pricing options, plus 300 basis points, with a 1% floor on LIBOR.