XML 23 R12.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Cash, Cash Equivalents, Short-Term Investments, Restricted Cash Equivalents and Investments
6 Months Ended
Jun. 30, 2011
Cash, Cash Equivalents, Short-Term Investments, Restricted Cash Equivalents and Investments

Note 6. Cash, Cash Equivalents, Short-Term Investments, Restricted Cash Equivalents and Investments

Cash, cash equivalents, short-term investments, and restricted cash equivalents as of June 30, 2011, consist of the following (in thousands):

 

     Amortized
Cost
     Gross
Unrealized
Gains
     Gross
Unrealized
Losses
    Estimated
Fair Value
 

Cash and cash equivalents:

          

Cash

   $ 75,057       $ 0       $ 0      $ 75,057   

Money market mutual funds

     31,075         0         0        31,075   

Corporate notes and bonds

     126,398         0         0        126,398   

U.S. government agency securities

     4,200         0         0        4,200   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total cash and cash equivalents

     236,730         0         0        236,730   
  

 

 

    

 

 

    

 

 

   

 

 

 

Short-term investments:

          

Corporate notes and bonds

     52,411         163         (10     52,564   

U.S. government agency securities

     38,506         80         (8     38,578   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total short-term investments

     90,917         243         (18     91,142   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total cash, cash equivalents and short-term investments

   $ 327,647       $ 243       $ (18   $ 327,872   
  

 

 

    

 

 

    

 

 

   

 

 

 

Restricted cash equivalents and investments

   $ 10,141       $ 0       $ 0      $ 10,141   
  

 

 

    

 

 

    

 

 

   

 

 

 

Cash, cash equivalents, short-term investments, and restricted cash equivalents as of December 31, 2010 consist of the following (in thousands):

 

     Amortized
Cost
     Gross
Unrealized
Gains
     Gross
Unrealized
Losses
    Estimated
Fair Value
 

Cash and cash equivalents:

          

Cash

   $ 66,986       $ 0       $ 0      $ 66,986   

Money market mutual funds

     44,348         0         0        44,348   

Corporate notes and bonds

     120,984         0         0        120,984   

U.S. government agency securities

     3,700         0         0        3,700   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total cash and cash equivalents

     236,018         0         0        236,018   
  

 

 

    

 

 

    

 

 

   

 

 

 

Short-term investments:

          

Corporate notes and bonds

     75,962         221         (26     76,157   

U.S. government agency securities

     22,126         23         (3     22,146   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total short-term investments

     98,088         244         (29     98,303   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total cash, cash equivalents and short-term investments

   $ 334,106       $ 244       $ (29   $ 334,321   
  

 

 

    

 

 

    

 

 

   

 

 

 

Restricted cash equivalents and investments

   $ 10,000       $ 0       $ 0      $ 10,000   
  

 

 

    

 

 

    

 

 

   

 

 

 

At June 30, 2011, and December 31, 2010, restricted cash equivalents and investments represent cash equivalents and short-term investments pledged as collateral against a letter of credit for a total of $10.1 million in connection with lease agreements.

Realized gains or losses on sales of available-for-sale securities for the quarters and six month period ended June 30, 2011 and 2010, were not significant.

 

Changes in estimated fair values of short-term investments are primarily related to changes in interest rates and are considered to be temporary in nature.

The contractual maturities of short-term investments at June 30, 2011, are as follows (in thousands):

 

     Amortized
Cost
     Estimated
Fair  Value
 

Within one year

   $ 38,860       $ 38,915   

Between one year and five years

     52,057         52,227   
  

 

 

    

 

 

 

Total short-term investments

   $ 90,917       $ 91,142