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Marketable Investments (Tables)
12 Months Ended
Dec. 31, 2013
Marketable Investments  
Schedule of marketable investments classified as held-to-maturity

Marketable investments classified as held-to-maturity consist of the following (in thousands):

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

Government-sponsored enterprises

  $ 445,939   $ 257   $ (77 ) $ 446,119  

Corporate notes and bonds

    411,455     300     (163 )   411,592  
                   

Total

  $ 857,394   $ 557   $ (240 ) $ 857,711  
                   
                   

Reported under the following captions on the consolidated balance sheet:

                         

Current marketable investments

  $ 409,645                    

Noncurrent marketable investments

    447,749                    
                         

 

  $ 857,394                    
                         
                         


 

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

Government-sponsored enterprises

  $ 350,043   $ 261   $ (35 ) $ 350,269  

Corporate notes and bonds

    280,385     184     (140 )   280,429  
                   

Total

  $ 630,428   $ 445   $ (175 ) $ 630,698  
                   
                   

Reported under the following captions on the consolidated balance sheet:

                         

Current marketable investments

  $ 325,175                    

Noncurrent marketable investments

    305,253                    
                         

 

  $ 630,428                    
                         
                         
Summary of gross unrealized losses and the length of time marketable investments have been in a continuous unrealized loss position

The following table summarizes gross unrealized losses and the length of time marketable investments have been in a continuous unrealized loss position (in thousands):

 
  As of December 31,  
 
  2013   2012  
 
  Fair
Value
  Gross
Unrealized
Loss
  Fair
Value
  Gross
Unrealized
Loss
 

Government-sponsored enterprises:

                         

Continuous unrealized loss position less than one year

  $ 76,651   $ (77 ) $ 72,727   $ (35 )

Continuous unrealized loss position greater than one year

                 
                   

 

    76,651     (77 )   72,727     (35 )

Corporate notes and bonds:

                         

Continuous unrealized loss position less than one year

    168,669     (163 )   90,960     (140 )

Continuous unrealized loss position greater than one year

                 
                   

 

    168,669     (163 )   90,960     (140 )
                   

Total

  $ 245,320   $ (240 ) $ 163,687   $ (175 )
                   
                   
Summary of the contractual maturities of held-to-maturity marketable investments

The following table summarizes the contractual maturities of held-to-maturity marketable investments at December 31, 2013 (in thousands):

 
  As of December 31, 2013  
 
  Amortized
Cost
  Fair
Value
 

Due in less than one year

  $ 409,645   $ 409,751  

Due in one to two years

    325,818     325,960  

Due in three to five years

    121,931     122,000  

Due after five years

         
           

Total

  $ 857,394   $ 857,711