| Fair Value, by Balance Sheet Grouping |
Financial assets and liabilities measured at fair value on a recurring basis in the consolidated financial statements as of June 30, 2015 and December 31, 2014 are summarized by type of inputs applicable to the fair value measurements as follows:
| | | | | | | | | | | | | | | | | June 30, 2015 | Level 1 | | Level 2 | | Level 3 | | Total | Assets: | | | | | | | | Marketable securities (a) | $ | 74,808 |
| | $ | 10,675 |
| | $ | 35,016 |
| | $ | 120,499 |
| Long-term investments (a) | 265,115 |
| | — |
| | 3,907 |
| | 269,022 |
| Investments in certain funds | — |
| | — |
| | 468 |
| | 468 |
| Precious metal and commodity inventories recorded at fair value | 13,195 |
| | — |
| | — |
| | 13,195 |
| Commodity contracts on precious metal and commodity inventories | — |
| | 846 |
| | — |
| | 846 |
| Foreign currency forward exchange contracts | — |
| | 2,331 |
| | — |
| | 2,331 |
| Total | $ | 353,118 |
| | $ | 13,852 |
| | $ | 39,391 |
| | $ | 406,361 |
| | | | | | | | | Liabilities: | | | | | | | | Financial instruments | $ | 21,385 |
| | $ | — |
| | $ | — |
| | $ | 21,385 |
| Interest rate swap agreement | — |
| | (103 | ) | | — |
| | (103 | ) | Total | $ | 21,385 |
| | $ | (103 | ) | | $ | — |
| | $ | 21,282 |
|
| | | | | | | | | | | | | | | | | December 31, 2014 | Level 1 | | Level 2 | | Level 3 | | Total | Assets: | | | | | | | | Marketable securities (a) | $ | 93,768 |
| | $ | 10,793 |
| | $ | 33,896 |
| | $ | 138,457 |
| Long-term investments (a) | 286,740 |
| | — |
| | 13,985 |
| | 300,725 |
| Investments in certain funds | — |
| | — |
| | 525 |
| | 525 |
| Precious metal and commodity inventories recorded at fair value | 13,249 |
| | — |
| | — |
| | 13,249 |
| Commodity contracts on precious metal and commodity inventories | 764 |
| | — |
| | — |
| | 764 |
| Total | $ | 394,521 |
| | $ | 10,793 |
| | $ | 48,406 |
| | $ | 453,720 |
| | | | | | | | | Liabilities: | | | | | | | | Financial instruments | $ | 21,311 |
| | $ | — |
| | $ | — |
| | $ | 21,311 |
| Interest rate swap agreement | — |
| | 138 |
| | — |
| | 138 |
| Total | $ | 21,311 |
| | $ | 138 |
| | $ | — |
| | $ | 21,449 |
|
(a) For additional detail of the marketable securities and long-term investments see Note 4 - "Investments."
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation |
Following is a summary of changes in financial assets measured using Level 3 inputs: | | | | | | | | | | | | | | | | | | | | | | Investments in Associated Companies | | Other Investments - Related Party | | ModusLink Warrants | | Marketable Securities and Other | | Total | Assets | | | | | | | | | | Balance at March 31, 2014 | $ | 2,131 |
| | $ | 10,226 |
| | $ | 3,385 |
| | $ | 30,391 |
| | $ | 46,133 |
| Purchases | — |
| | — |
| | — |
| | 5,239 |
| | 5,239 |
| Sales | — |
| | (1,496 | ) | | — |
| | (2,758 | ) | | (4,254 | ) | Realized loss on sale | | | | | | | (129 | ) | | (129 | ) | Unrealized gains | — |
| | 1,478 |
| | — |
| | — |
| | 1,478 |
| Unrealized losses | (51 | ) | | (3 | ) | | (951 | ) | | (397 | ) | | (1,402 | ) | Balance at June 30, 2014 | $ | 2,080 |
| | $ | 10,205 |
| | $ | 2,434 |
| | $ | 32,346 |
| | $ | 47,065 |
| | | | | | | | | | | Balance at March 31, 2015 | $ | 2,298 |
| | $ | 7,296 |
| | $ | 2,163 |
| | $ | 31,373 |
| | $ | 43,130 |
| Purchases | — |
| | — |
| | — |
| | 5,108 |
| | 5,108 |
| Sales | — |
| | (7,258 | ) | | — |
| | (359 | ) | | (7,617 | ) | Realized gain on sale | — |
| | — |
| | — |
| | — |
| | — |
| Unrealized gains | — |
| | — |
| | — |
| | — |
| | — |
| Unrealized losses | (27 | ) | | (38 | ) | | (527 | ) | | (638 | ) | | (1,230 | ) | Balance at June 30, 2015 | $ | 2,271 |
| | $ | — |
| | $ | 1,636 |
| | $ | 35,484 |
| | $ | 39,391 |
|
| | | | | | | | | | | | | | | | | | | | | | Long - Term Investments | | | | | | Investments in Associated Companies (a) | | Other Investments - Related Party (b) | | ModusLink Warrants (c) | | Marketable Securities and Other (d) | | Total | Assets | | | | | | | | | | Balance at December 31, 2013 | $ | 2,243 |
| | $ | 10,228 |
| | $ | 5,832 |
| | $ | 24,209 |
| | $ | 42,512 |
| Purchases | — |
| | — |
| | — |
| | 10,538 |
| | 10,538 |
| Sales | — |
| | (1,496 | ) | | — |
| | (4,732 | ) | | (6,228 | ) | Realized loss on sale | — |
| | — |
| | — |
| | (129 | ) | | (129 | ) | Unrealized gains | — |
| | 1,476 |
| | — |
| | 2,460 |
| | 3,936 |
| Unrealized losses | (163 | ) | | (3 | ) | | (3,398 | ) | | — |
| | (3,564 | ) | Balance at June 30, 2014 | $ | 2,080 |
| | $ | 10,205 |
| | $ | 2,434 |
| | $ | 32,346 |
| | $ | 47,065 |
| | | | | | | | | | | Balance at December 31, 2014 | $ | 2,163 |
| | $ | 9,623 |
| | $ | 2,199 |
| | $ | 34,421 |
| | $ | 48,406 |
| Purchases | — |
| | — |
| | — |
| | 5,108 |
| | 5,108 |
| Sales | — |
| | (9,985 | ) | | — |
| | (522 | ) | | (10,507 | ) | Realized gain on sale | — |
| | — |
| | — |
| | — |
| | — |
| Unrealized gains | 135 |
| | 484 |
| | — |
| | — |
| | 619 |
| Unrealized losses | (27 | ) | | (122 | ) | | (563 | ) | | (3,523 | ) | | (4,235 | ) | Balance at June 30, 2015 | $ | 2,271 |
| | $ | — |
| | $ | 1,636 |
| | $ | 35,484 |
| | $ | 39,391 |
|
(a) Unrealized losses are recorded in (Loss) Income of associated companies, net of taxes in the Company's Consolidated Statements of Operations. (b) Unrealized gains and losses are recorded in (Loss) Income from other investments-related party in the Company's Consolidated Statements of Operations. (c) Unrealized gains and losses are recorded in (Loss) Income from investments held at fair value in the Company's Consolidated Statements of Operations. (d) Realized gains on sale are recorded in Other income, net in the Company's Consolidated Statements of Operations. |