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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2012
Financial Assets Measured At Fair Value On A Recurring Basis

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of September 30, 2012:

 

                   (In Millions)  
     Level 1      Level 2      Level 3      Total  

Cash & Cash Equivalents

   $ 21.5       $ —         $ —         $ 21.5   

Short Term Investments-

           

Available for Sale Securities

     82.0         —           —           82.0   

Fair value of foreign exchange forward contracts

     —           0.1         —           0.1   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets measured at fair value

   $ 103.5       $ 0.1       $ —         $ 103.6   
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of December 31, 2011:

 

                  (In Millions)  
     Level 1      Level 2     Level 3      Total  

Cash & Cash Equivalents

   $ 17.6       $ —        $ —         $ 17.6   

Short Term Investments-

          

Available for Sale Securities

     25.0         —          —           25.0   

Fair value of foreign exchange forward contracts

     —           (2.6     —           (2.6
  

 

 

    

 

 

   

 

 

    

 

 

 

Total Assets measured at fair value

   $ 42.6       $ (2.6   $ —         $ 40.0