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Marketable Securities (Tables)
9 Months Ended
Sep. 30, 2013
Investments Debt And Equity Securities [Abstract]  
Summary of Available-for-sale Investments

The following tables summarize our amortized cost, gross unrealized gains and losses and fair value of our available-for-sale investments in marketable securities (in thousands):

 

     September 30, 2013  
            Gross      Gross        
     Amortized      Unrealized      Unrealized     Aggregate  
     Cost      Gains      Losses     Fair Value  

U.S. government and government agency debt securities

   $ 367,542       $ 274       $ (9   $ 367,807   

Corporate debt securities

     751,964         348         (214     752,098   

Municipal securities

     17,302         9         —          17,311   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 1,136,808       $ 631       $ (223   $ 1,137,216   
  

 

 

    

 

 

    

 

 

   

 

 

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

U.S. government and government agency debt securities

   $ 464,517       $ 303       $ (5   $ 464,815   

Corporate debt securities

     795,962         524         (170     796,316   

Municipal securities

     5,234         —           (1     5,233   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 1,265,713       $ 827       $ (176   $ 1,266,364   
  

 

 

    

 

 

    

 

 

   

 

 

 
Fair Value of Available-for-Sale Marketable Securities by Contractual Maturities

The estimated fair value of available-for-sale marketable securities, classified by their contractual maturities was as follows (in thousands):

 

     September 30, 2013  

Due within one year

   $ 711,502   

After one year through three years

     425,714   
  

 

 

 

Total

   $ 1,137,216