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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Financial Assets Measured at Fair Value on a Recurring Basis
The following tables present information about our financial assets that have been measured at fair value on a recurring basis as of December 31, 2013 and December 31, 2012, and indicates the fair value hierarchy of the valuation inputs utilized to determine fair value (in thousands).
 
 
Fair Value Measurements as of
 
Amortized Cost as of
 
December 31, 2013
 
December 31, 2013
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
Cash and cash equivalents:
 
 
 
 
 
 
 
 
 
Cash
$
46,978

 
$

 
$

 
$
46,978

 
$
46,978

Money market funds
1

 
26,913

 

 
26,914

 
26,914

Corporate notes and bonds

 
77,043

 

 
77,043

 
77,044

U.S. government agency securities

 
300

 

 
300

 
300

Total cash and cash equivalents
46,979

 
104,256

 

 
151,235

 
151,236

Short-term investments:
 
 
 
 
 
 

 
 
Corporate notes and bonds

 
59,766

 

 
59,766

 
59,713

U.S. government agency securities
14,077

 
1,077

 

 
15,154

 
15,159

Total short-term investments
14,077

 
60,843

 

 
74,920

 
74,872

Restricted cash equivalents and investments

 
3,000

 

 
3,000

 
3,000

Equity investments in publicly traded securities
7,181

 

 

 
7,181

 
842

Total
$
68,237

 
$
168,099

 
$

 
$
236,336

 
$
229,950


 
Fair Value Measurements as of
 
Amortized Cost as of
 
December 31, 2012
 
December 31, 2012
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
Cash and cash equivalents:
 
 
 
 
 
 
 
 
 
Cash
$
71,283

 
$

 
$

 
$
71,283

 
$
71,283

Money market funds

 
10,680

 

 
10,680

 
10,680

Corporate notes and bonds

 
81,235

 

 
81,235

 
81,237

Total cash and cash equivalents
71,283

 
91,915

 

 
163,198

 
163,200

Short-term investments:
 
 
 
 
 
 
 
 
 
Corporate notes and bonds

 
65,502

 

 
65,502

 
65,426

U.S. government agency securities
42,113

 
601

 

 
42,714

 
42,693

Total short-term investments
42,113

 
66,103

 

 
108,216

 
108,119

Restricted cash equivalents and investments

 
10,000

 

 
10,000

 
10,000

Equity investments in publicly traded securities
34,334

 

 

 
34,334

 
8,609

Total
$
147,730

 
$
168,018

 
$

 
$
315,748

 
$
289,928

Contractual Maturities of Short-term Investments
Contractual maturities of short-term investments as of December 31, 2013 (in thousands):
 
 
Estimated
Fair Value
Within one year
$
47,693

Between one year and five years
27,227

Total short-term investments
$
74,920