v3.22.4
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES
 9 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIESThe Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents and those investments with original maturities greater than three months to be marketable securities. Cash and cash equivalents mainly consisted of U.S. government and municipal obligations, commercial paper, certificate of deposits, money market instruments and cash maintained with various financial institutions at December 31, 2022 and March 31, 2022.
Marketable Securities
The following is a summary of marketable securities held by NetScout at December 31, 2022, classified as short-term and long-term (in thousands):
Amortized
Cost		Unrealized
Losses		Fair
Value
Type of security:
U.S. government and municipal obligations$19,211 $(1)$19,210 
Commercial paper33,487 — 33,487 
Corporate bonds1,130 (1)1,129 
Certificates of deposit3,436 — 3,436 
Total short-term marketable securities57,264 (2)57,262 
U.S. government and municipal obligations6,919 (13)6,906 
Total long-term marketable securities6,919 (13)6,906 
Total marketable securities$64,183 $(15)$64,168 
The following is a summary of marketable securities held by NetScout at March 31, 2022, classified as short-term and long-term (in thousands):
Amortized
Cost		Unrealized
Losses		Fair
Value
Type of security:
U.S. government and municipal obligations$40,895 $(32)$40,863 
Commercial paper23,353 — 23,353 
Corporate bonds823 (2)821 
Certificates of deposit2,000 — 2,000 
Total short-term marketable securities67,071 (34)67,037 
Total long-term marketable securities— — — 
Total marketable securities$67,071 $(34)$67,037 
Contractual maturities of the Company's marketable securities held at December 31, 2022 and March 31, 2022 were as follows (in thousands):
December 31,
2022		March 31,
2022
Available-for-sale securities:
Due in 1 year or less$57,262 $67,037 
Due after 1 year through 5 years6,906 — 
$64,168 $67,037