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Investments (Tables)
9 Months Ended
Sep. 30, 2013
Investments  
Summary of investments

The following is a summary of our investments as of September 30, 2013 and December 31, 2012 (in thousands):

 

 

 

September 30, 2013

 

 

 

 

 

Gross

 

Gross

 

Estimated

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

 

 

Cost

 

Gains

 

Losses

 

Value

 

Corporate debt securities

 

 

 

 

 

 

 

 

 

Due in one year or less

 

$

45,645

 

$

67

 

$

(2

)

$

45,710

 

Due in one to three years

 

84,020

 

92

 

(158

)

83,954

 

U.S. treasury and government agency securities

 

 

 

 

 

 

 

 

 

Due in one year or less

 

22,551

 

25

 

 

22,576

 

Due in one to three years

 

30,321

 

53

 

(19

)

30,355

 

Total investments

 

$

182,537

 

$

237

 

$

(179

)

$

182,595

 

 

 

 

December 31, 2012

 

 

 

 

 

Gross

 

Gross

 

Estimated

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

 

 

Cost

 

Gains

 

Losses

 

Value

 

Corporate debt securities

 

 

 

 

 

 

 

 

 

Due in one year or less

 

$

52,332

 

$

88

 

$

(6

)

$

52,414

 

Due in one to three years

 

59,176

 

137

 

(37

)

59,276

 

U.S. treasury and government agency securities

 

 

 

 

 

 

 

 

 

Due in one year or less

 

24,795

 

86

 

 

24,881

 

Due in one to three years

 

34,606

 

84

 

(2

)

34,688

 

Commercial paper

 

 

 

 

 

 

 

 

 

Due in one year or less

 

9,494

 

1

 

(4

)

9,491

 

Total investments

 

$

180,403

 

$

396

 

$

(49

)

$

180,750