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Available-for-Sale Securities (Tables)
3 Months Ended
Mar. 31, 2014
Available-for-Sale Securities  
Schedule of available-for-sale securities

(In thousands)

 

March 31, 2014

 

December 31, 2013

 

Cash and cash equivalents

 

$

119,160

 

$

125,009

 

Short-term investments

 

245,648

 

321,615

 

Marketable securities

 

59,831

 

55,374

 

Restricted cash

 

833

 

833

 

Total

 

$

425,472

 

$

502,831

 

Schedule of amortized cost and estimated fair values for available-for-sale securities

 

 

March 31, 2014

 

(In thousands)

 

Amortized
Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Estimated
Fair Value

 

U.S. government securities

 

$

37,042

 

$

74

 

$

 

$

37,116

 

U.S. government agencies

 

110,171

 

59

 

 

110,230

 

U.S. corporate notes

 

88,607

 

48

 

(10

)

88,645

 

U.S. commercial paper

 

74,487

 

 

 

74,487

 

Money market funds

 

114,994

 

 

 

114,994

 

Total

 

$

425,301

 

$

181

 

$

(10

)

$

425,472

 

 

 

 

December 31, 2013

 

(In thousands)

 

Amortized
Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Estimated
Fair Value

 

U.S. government securities

 

$

42,104

 

$

55

 

$

(1

)

$

42,158

 

U.S. government agencies

 

141,278

 

61

 

(8

)

141,331

 

U.S. corporate notes

 

94,923

 

54

 

 

94,977

 

U.S. commercial paper

 

102,021

 

2

 

(1

)

102,022

 

Money market funds

 

122,343

 

 

 

122,343

 

Total

 

$

502,669

 

$

172

 

$

(10

)

$

502,831