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Fair Value Of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2012
Fair Value Disclosures [Abstract]  
Fair Value, Assets And Liabilities Measured On Recurring Basis
The following table summarizes the Company's financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2012 and December 31, 2011:
 
 
 
Fair Value Measurement Using
 
Total Fair Value
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(In thousands)
As of March 31, 2012:
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Investments in money market funds
$
333,165

 
$
333,165

 
$

 
$

Investments in fixed income securities:
 
 
 
 
 
 
 
Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies
32,803

 

 
32,803

 

Foreign currency forward contracts (1)
251

 

 
251

 

Total
$
366,219

 
$
333,165

 
$
33,054

 
$

Liabilities:
 
 
 
 
 
 
 
Contingent interest derivative on Convertible Debentures
$
12,438

 
$

 
$

 
$
12,438

Foreign currency forward contracts (2)
372

 

 
372

 

Total
$
12,810

 
$

 
$
372

 
$
12,438

As of December 31, 2011:
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Investments in money market funds
$
132,145

 
$
132,145

 
$

 
$

Investments in fixed income securities:
 
 
 
 
 
 
 
Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies
32,860

 

 
32,860

 

Foreign currency forward contracts (1)
49

 

 
49

 

Total
$
165,054

 
$
132,145

 
$
32,909

 
$

Liabilities:
 
 
 
 
 
 
 
Contingent interest derivative on Convertible Debentures
$
11,625

 
$

 
$

 
$
11,625

Foreign currency forward contracts (2)
444

 

 
444

 

Total
$
12,069

 
$

 
$
444

 
$
11,625

 
(1)
Included in Deferred tax assets and other current assets
(2)
Included in Accounts payable and accrued liabilities
Changes In Fair Value Measurement Of Level 3 Items
 
Three Months Ended
March 31,
 
2012
 
2011
 
(In thousands)
Beginning balance
$
11,625

 
$
10,500

Unrealized loss on contingent interest derivative on Convertible Debentures
813

 
450

Ending balance
$
12,438

 
$
10,950