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Cash, Cash Equivalents and Investments (Tables)
12 Months Ended
Dec. 31, 2013
Cash And Cash Equivalents [Abstract]  
Summary of Cash, Cash Equivalents and Held-to-Maturity Investments by Type

The following is a summary of cash, cash equivalents and held-to-maturity investments by type at December 31 (in thousands):

 

     December 31, 2013      December 31, 2012  
            Gross      Gross                   Gross      Gross        
     Amortized      Unrealized      Unrealized     Fair      Amortized      Unrealized      Unrealized     Fair  
     Cost      Gains      Losses     Value      Cost      Gains      Losses     Value  

Cash and money market funds

   $ 42,226       $ —         $ —        $ 42,226       $ 36,127       $ —         $ —        $ 36,127   

State and municipal obligations

     10,807         14         —          10,821         —           —           —          —     

Corporate bonds

     7,743         2         (14     7,731         1         —           —          1   

Certificate of deposit

     2,619         —           —          2,619         1,680         —           (1     1,679   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Total cash, cash equivalents and investments

   $ 63,395       $ 16       $ (14   $ 63,397       $ 37,808       $ —         $ (1   $ 37,807   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 
Summary of Amortized Cost and Fair Value of Short-term and Long-term Investments

The following table summarizes the amortized cost and fair value of the short-term and long-term investments held by the Company at December 31, 2013 by contractual maturity (in thousands):

 

     Amortized Cost      Fair Value  

Due in less than one year

   $ 9,101       $ 9,103   

Due after one year, through two years

     12,023         12,022   
  

 

 

    

 

 

 

Total short-term and long-term investments

   $ 21,124       $ 21,125   
  

 

 

    

 

 

 
Schedule of Company's Investments Measured at Fair Value

The following table presents information about the Company’s investments that are measured at fair value as of December 31, 2013, and indicates the fair value hierarchy of the valuation (in thousands):

 

     Amortized Cost      Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
     Siginificant
Other
Observable
Inputs
(Level 2)
     Significant
Unbservable
Inputs
(Level 3)
     Total Fair Value  

Cash

   $ 37,196       $ 37,196       $ —         $ —         $ 37,196   

Money market funds

     5,030         5,030         —           —           5,030   

Certificates of deposit

     2,619         —           2,619         —           2,619   

Corporate bonds

     7,743         7,732         —           —           7,732   

State and municipal obligations

     10,807         —           10,820         —           10,820   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total cash, cash equivalents and investments

   $ 63,395       $ 49,958       $ 13,439       $ —         $ 63,397