v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities The following tables present

the Company's financial assets and liabilities measured on a recurring basis using the fair value hierarchy at June 30, 2026 and March 31, 2026 (in thousands):

 

 

Fair Value Measurements at

 

 

June 30, 2026

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

ASSETS:

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

$

483,776

 

 

$

69,052

 

 

$

 

 

$

552,828

 

Agency bonds

 

41,658

 

 

 

 

 

 

 

 

 

41,658

 

Commercial paper

 

 

 

 

41,028

 

 

 

 

 

 

41,028

 

U.S. government and municipal obligations

 

18,916

 

 

 

 

 

 

 

 

 

18,916

 

Certificates of deposit

 

 

 

 

7,836

 

 

 

 

 

 

7,836

 

Corporate bonds

 

6,207

 

 

 

 

 

 

 

 

 

6,207

 

Derivative financial instruments

 

 

 

 

18

 

 

 

 

 

 

18

 

 

$

550,557

 

 

$

117,934

 

 

$

 

 

$

668,491

 

LIABILITIES:

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments

$

 

 

$

(306

)

 

$

 

 

$

(306

)

 

$

 

 

$

(306

)

 

$

 

 

$

(306

)

 

 

 

Fair Value Measurements at

 

 

March 31, 2026

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

ASSETS:

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

$

531,929

 

 

$

54,570

 

 

$

 

 

$

586,499

 

Commercial paper

 

 

 

 

48,793

 

 

 

 

 

 

48,793

 

Agency bonds

 

41,564

 

 

 

 

 

 

 

 

 

41,564

 

U.S. government and municipal obligations

 

16,082

 

 

 

 

 

 

 

 

 

16,082

 

Corporate bonds

 

6,159

 

 

 

 

 

 

 

 

 

6,159

 

Certificates of deposit

 

 

 

 

6,048

 

 

 

 

 

 

6,048

 

Derivative financial instruments

 

 

 

 

22

 

 

 

 

 

 

22

 

 

$

595,734

 

 

$

109,433

 

 

$

 

 

$

705,167

 

LIABILITIES:

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments

$

 

 

$

(258

)

 

$

 

 

$

(258

)

 

$

 

 

$

(258

)

 

$

 

 

$

(258

)