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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
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):
 
 
2016
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Cash equivalents
 
$
531,519

 
$
426,266

 
$
105,253

 
$

Marketable securities
 
43,638

 
38,119

 
5,519

 

Derivatives
 
29,034

 

 
29,034

 

Total
 
$
604,191

 
$
464,385

 
$
139,806

 
$

Liabilities:
 
 
 
 
 
 
 
 
Derivatives
 
$
142

 
$

 
$
142

 
$


 
 
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

 
$