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Fair Value Measurement (Tables)
 12 Months Ended
Dec. 31, 2013
Text Block [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table summarizes financial liabilities measured at fair value on a recurring basis:
 
December 31, 2013
 
December 31, 2012
(In Thousands)
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
Deferred Compensation Liability
$
—

 
$
(12,557
)
 
$
—

 
$
—

 
$
(9,518
)
 
$
—
Assets Measured at Fair Value on Nonrecurring Basis
The following table summarizes non-financial assets measured at fair value on a nonrecurring basis:
 
December 31, 2013
 
December 31, 2012
(In Thousands)
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
Assets Held for Sale
$
—

 
$
15,840

 
$
—

 
$
—

 
$
11,104

 
$
—
Fair Value of Assets (Liabilities) Not Measured at Fair Value In Consolidated Balance Sheets
The following table summarizes the fair value of assets (liabilities) that are not measured at fair value in the consolidated balance sheets, but for which the fair value is disclosed:
 
December 31, 2013
 
December 31, 2012
(In Thousands)
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
Corporate Bonds 1
$
—

 
$
91,785

 
$
—

 
$
—

 
$
67,470

 
$
—

Perfect Home Notes 2
—

 
—

 
20,661

 
—

 
—

 
18,449

Fixed-Rate Long Term Debt 3
—

 
(130,687
)
 
—

 
—

 
(127,261
)
 
—

1 The fair value of corporate bonds is determined through the use of model-based valuation techniques for which all significant assumptions are observable in the market.
2 The Perfect Home notes were initially valued at cost. The Company periodically reviews the valuation utilizing company-specific transactions or changes in Perfect Home's financial performance to determine if fair value adjustments are necessary.
3 The fair value of fixed-rate long term debt is estimated using the present value of underlying cash flows discounted at a current market yield for similar instruments. The carrying value of fixed-rate long term debt was $125.0 million at December 31, 2013 and December 31, 2012.
Investments Classified as Held to Maturity Securities
At December 31, 2013 and 2012, investments classified as held-to-maturity securities consisted of the following:
 
 
 
Gross Unrealized
 
 
(In Thousands)
Amortized Cost
 
Gains
 
Losses
 
Fair Value
2013
 
 
 
 
 
 
 
Corporate Bonds
$
91,730

 
$
98

 
$
(43
)
 
$
91,785

Perfect Home Notes
20,661

 
—

 
—

 
20,661

Total
$
112,391

 
$
98

 
$
(43
)
 
$
112,446

2012
 
 
 
 
 
 
 
Corporate Bonds
$
67,412

 
$
99

 
$
(41
)
 
$
67,470

Perfect Home Notes
18,449

 
—

 
—

 
18,449

Total
$
85,861

 
$
99

 
$
(41
)
 
$
85,919
Amortized Cost and Fair Value of Held to Maturity Securities
The amortized cost and fair value of held-to-maturity securities by contractual maturity as of December 31, 2013 are as follows:
(In Thousands)
Amortized Cost
 
Fair Value
Due in one year or less
$
55,250

 
$
55,284

Due in years one through two
57,141

 
57,162

Total
$
112,391

 
$
112,446
Held to Maturity Securities with Gross Unrealized Losses
Information pertaining to held-to-maturity securities with gross unrealized losses is as follows.
 
December 31, 2013
 
December 31, 2012
(In Thousands)
Fair Value
 
Gross  Unrealized
Losses
 
Fair Value
 
Gross Unrealized
Losses
Corporate Bonds
$
31,453

 
$
(43
)
 
$
22,785

 
$
(41
)