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Other Income (Expense), net
 12 Months Ended
Mar. 31, 2020
Other Income and Expenses [Abstract]  
Other Income (Expense), net Other Income (Expense), net
Other income (expense), net comprises of the following (in thousands):
 
 
Years Ended March 31,
 
 
2020
 
2019
 
2018
Investment income (loss) related to the deferred compensation plan
 
$
(831
)
 
$
664

 
$
1,386

Currency exchange loss, net
 
(909
)
 
(3,608
)
 
(4,613
)
Gain on investment, net
 
39,011

 
816

 
669

Other
 
941

 
1,692

 
121

Other income (expense), net
 
$
38,212

 
$
(436
)
 
$
(2,437
)

Gain on investments, net, represents realized gain (loss) on sales of investments, unrealized gain (loss) from the change in fair value of available-for-sale securities and gain (loss) on equity-method investments during the periods presented.
On March 2, 2020, the Company sold its $5.5 million investment in a privately held company for proceeds with a total fair value of $45.3 million consisting of cash, a subordinated note and an equity interest in another privately held company. As a result, the Company recognized a gain of $39.8 million related to the sale of this investment. Refer to “Note 9 - Fair Value Measurement” for details.
The components of net periodic benefit cost other than the service cost component, which is included in "operating expenses" in the consolidated statements of operations, for the years ended March 31, 2020 and 2019 are included in the line “Other” above as a result of adopting ASU 2017-07 effective April 1, 2018. The impact to the comparative periods was immaterial and therefore the prior period statements of operations were not revised.