Quantum Corporation Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE (Tables)

3 Months Ended

Jun. 30, 2017

The carrying value and fair value of our convertible subordinated debt and long-term debt were as follows (in thousands):



	As of
	June 30, 2017				March 31, 2017
	Carrying Value		Fair Value		Carrying Value		Fair Value
Convertible subordinated debt ⁽¹⁾	$	62,926	$	61,513	$	62,827	$	60,667

Long-term debt: ⁽²⁾
Revolving credit agreement	11,888		13,372		16,852		18,490
Term loan agreement	48,331		49,930		48,176		50,026
Total long-term debt	$	60,219	$	63,302	$	65,028	$	68,516




	⁽¹⁾ Fair value based on quoted market prices in less active markets (level 2).
	⁽²⁾ Fair value based on outstanding borrowings and market interest rates (level 2).