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AVAILABLE-FOR-SALE SECURITIES (Tables)
6 Months Ended
Jun. 30, 2013
AVAILABLE-FOR-SALE SECURITIES  
Schedule of amortized cost and estimated fair values for available-for-sale securities

 

 

 

 

June 30, 2013

 

(in thousands)

 

Amortized
Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Estimated
Fair Value

 

U.S. government securities

 

$

27,101

 

$

15

 

$

 

$

27,116

 

U.S. government agencies

 

157,932

 

48

 

(51

)

157,929

 

U.S. corporate notes

 

104,098

 

15

 

(42

)

104,071

 

U.S. commercial paper

 

44,967

 

 

 

44,967

 

Money market funds

 

192,694

 

 

 

192,694

 

Total

 

$

526,792

 

$

78

 

$

(93

)

$

526,777

 

 

 

 

December 31, 2012

 

(in thousands)

 

Amortized
Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Estimated
Fair Value

 

U.S. government securities

 

$

27,197

 

$

10

 

$

(2

)

$

27,205

 

U.S. government agencies

 

115,397

 

85

 

(16

)

115,466

 

U.S. corporate notes

 

91,544

 

32

 

(10

)

91,566

 

U.S. commercial paper

 

23,082

 

 

 

23,082

 

Money market funds

 

78,646

 

 

 

78,646

 

Total

 

$

335,866

 

$

127

 

$

(28

)

$

335,965

 

Schedule of classification of the available-for-sale debt securities

 

 

(in thousands)

 

June 31, 2013

 

December 31, 2012

 

Cash and cash equivalents

 

$

191,862

 

$

86,298

 

Short-term investments

 

243,768

 

153,640

 

Long-term marketable securities

 

90,314

 

95,194

 

Restricted cash

 

833

 

833

 

Total

 

$

526,777

 

$

335,965