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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31 (in thousands):
 
 
2015
 
Quoted Prices  in
Active Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Cash equivalents
 
$
555,910

 
$
390,706

 
$
165,204

 
$

Marketable securities
 
81,448

 
36,256

 
45,192

 

Derivatives
 
16,235

 

 
16,235

 

Total
 
$
653,593

 
$
426,962

 
$
226,631

 
$

Liabilities:
 
 
 
 
 
 
 
 
Derivatives
 
$
1,300

 
$

 
$
1,300

 
$


 
 
2014
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Cash equivalents
 
$
737,024

 
$
482,686

 
$
254,338

 
$

Marketable securities
 
91,140

 
33,815

 
57,325

 

Derivatives
 
32,244

 

 
32,244

 

Total
 
$
860,408

 
$
516,501

 
$
343,907

 
$

Liabilities:
 
 
 
 
 
 
 
 
Derivatives
 
$
2,027

 
$

 
$
2,027

 
$