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MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2014
MARKETABLE SECURITIES  
Summary of marketable securities

 

                                                                                                                                                                                    

 

 

Amortized
Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Fair
Value

 

 

 

(In thousands)

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketable securities

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government and municipal obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturing in one year or less

 

$

44,580

 

$

30

 

$

(6

)

$

44,604

 

Maturing after one year through three years          

 

 

16,108

 

 

49

 

 

(1

)

 

16,156

 

​  

​  

​  

​  

​  

​  

​  

​  

Total U.S. government and municipal obligations

 

$

60,688

 

$

79

 

$

(7

)

$

60,760

 

​  

​  

​  

​  

​  

​  

​  

​  

Corporate debt securities

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturing in one year or less

 

$

89,636

 

 

6

 

$

(37

)

$

89,605

 

Maturing after one year through three years          

 

 

22,690

 

 

3

 

 

(35

)

 

22,658

 

​  

​  

​  

​  

​  

​  

​  

​  

Total corporate debt securities

 

$

112,326

 

$

9

 

$

(72

)

$

112,263

 

​  

​  

​  

​  

​  

​  

​  

​  

Total marketable securities

 

$

173,014

 

$

88

 

$

(79

)

$

173,023

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketable securities

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government and municipal obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturing in one year or less

 

$

55,531

 

$

27

 

$

(4

)

$

55,554

 

Maturing after one year through three years          

 

 

18,234

 

 

56

 

 

(4

)

 

18,286

 

​  

​  

​  

​  

​  

​  

​  

​  

Total U.S. government and municipal obligations

 

$

73,765

 

$

83

 

$

(8

)

$

73,840

 

​  

​  

​  

​  

​  

​  

​  

​  

Corporate debt securities

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturing in one year or less

 

$

38,973

 

$

9

 

$

(9

)

$

38,973

 

Maturing after one year through three years          

 

 

20,761

 

 

12

 

 

(5

)

 

20,768

 

​  

​  

​  

​  

​  

​  

​  

​  

Total corporate debt securities

 

$

59,734

 

$

21

 

$

(14

)

$

59,741

 

​  

​  

​  

​  

​  

​  

​  

​  

Total marketable securities

 

$

133,499

 

$

104

 

$

(22

)

$

133,581

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​