v3.22.4
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES (Tables)
9 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Summary of 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 
Summary of Contractual Maturities of Marketable Securities
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