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Investment Securities
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Investment Securities    
Investment Securities

Note 3. Investment Securities

The Company's investment securities, consisting of debt securities, are classified as available-for-sale. Unrealized holding gains or losses on these securities are included in other comprehensive income on the condensed consolidated balance sheets. Realized gains and losses and declines in value judged to be other-than-temporary (of which there have been none to date) on available-for-sale securities are included in interest income and other, net, in the condensed consolidated statements of operations. The Company did not have any investment securities as of June 30, 2011.

Investment securities consisted of the following at December 31, 2010 (in thousands):

 

     Amortized
Cost
     Gross Unrealized      Estimated
Fair Value
 
        Gains      (Losses)     

Type of security:

           

Corporate debt securities, with unrealized gains

   $ 3,038       $ 8       $ 0       $ 3,046   

Corporate debt securities, with unrealized losses

     0         0         0         0   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 3,038       $ 8       $ 0       $ 3,046   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net unrealized gain

         $ 8      
        

 

 

    

Maturity:

           
           

Less than one year

   $ 3,038             $ 3,046   

Due in 1–2 years

     0               0   
  

 

 

          

 

 

 
   $ 3,038             $ 3,046   
  

 

 

          

 

 

 

Note 3. Investment Securities

The Company's investment securities, consisting of debt securities, are classified as available-for-sale. Unrealized holding gains or losses on these securities are included in other comprehensive income/(loss) on the consolidated balance sheets. Realized gains and losses and declines in value judged to be other-than-temporary (of which there have been none to date) on available-for-sale securities are included in interest income and other, net, in the consolidated statements of operations.

Investment securities consisted of the following at December 31, 2010 (in thousands):

 

     Amortized
Cost
     Gross Unrealized      Estimated
Fair  Value
 
        Gains      (Losses)     

Type of security:

           

Corporate debt securities, with unrealized gains

   $ 3,038       $ 8       $ —         $ 3,046   

Corporate debt securities, with unrealized losses

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 3,038       $ 8       $ —         $ 3,046   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net unrealized gain

         $ 8      
        

 

 

    

Maturity:

           

Less than one year

   $ 3,038             $ 3,046   

Due in 1–2 years

     —                 —     
  

 

 

          

 

 

 
   $ 3,038             $ 3,046   
  

 

 

          

 

 

 

Investment securities consisted of the following at December 31, 2009 (in thousands):

 

     Amortized
Cost
     Gross Unrealized     Estimated
Fair  Value
 
        Gains      (Losses)    

Type of security:

          

Corporate debt securities, with unrealized gains

   $ 12,608       $ 8       $ —        $ 12,616   

Corporate debt securities, with unrealized losses

     5,565         —           (13     5,552   

Federal government and agency securities, with unrealized gains

     1,509         1         —          1,510   

Federal government and agency securities, with unrealized losses

     7,786         —           (13     7,773   
  

 

 

    

 

 

    

 

 

   

 

 

 
   $ 27,468       $ 9       $ (26   $ 27,451   
  

 

 

    

 

 

    

 

 

   

 

 

 

Net unrealized loss

         $ (17  
        

 

 

   

Maturity:

          

Less than one year

   $ 23,199            $ 23,198   

Due in 1–2 years

     4,269              4,253   
  

 

 

         

 

 

 
   $ 27,468            $ 27,451