XML 94 R37.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2011
Mar. 31, 2010
Notes to Financial Statements [Abstract]    
Assets measured at fair value on a recurring basis (in details)
Assets measured at fair value on a recurring basis at March 31, 2011 are as follows (amounts in thousands):
 

   
Quoted Prices in Active
Markets for Identical
Instruments
(Level 1)
  
Significant
Other Observable Inputs
(Level 2)
  
Significant Unobservable Inputs
(Level 3)
  
Total
Balance
 
Assets
            
Money market fund deposits
 $464,669  $---  $---  $464,669 
Marketable equity securities
  26,861   ---   ---   26,861 
Corporate bonds & debt
  ---   519,526   3,500   523,026 
Government agency bonds
  ---   430,591   ---   430,591 
Deposit accounts
  ---   239,254   ---   239,254 
Municipal bonds
  ---   11,457   ---   11,457 
Auction Rate Securities
  ---   ---   12,475   12,475 
Total assets measured at fair value
 $491,530  $1,200,828  $15,975  $1,708,333 
Assets measured at fair value on a recurring basis at March 31, 2010 are as follows (amounts in thousands):
 

   
Quoted Prices in Active Markets for Identical Instruments
(Level 1)
  
Significant
Other
Observable
Inputs
(Level 2)
  
Significant
Unobservable
Inputs
(Level 3)
  
Total
Balance
 
Assets
            
Money market fund deposits
 $206,376  $---  $---  $206,376 
Deposit accounts
  ---   285,754   ---   285,754 
Government agency bonds
  ---   389,394   ---   389,394 
Municipal bonds
  ---   157,705   ---   157,705 
ARS
  ---   ---   37,237   37,237 
Put option on ARS
  ---   ---   1,814   1,814 
Corporate bonds
  ---   394,856   ---   394,856 
Marketable equity securities
  58,402   ---   ---   58,402 
Total assets measured at fair value
 $264,778  $1,227,709  $39,051  $1,531,538 
Reconciliation for all assets measured at fair value on a recurring basis
The following tables present a reconciliation for all assets measured at fair value on a recurring basis, excluding accrued interest components, using significant unobservable inputs (Level 3) for the years ended March 31, 2011 and March 31, 2010 (amounts in thousands):
 

Year Ended March 31, 2011
 
Auction Rate Securities
  
Put Option on Auction Rate Securities
  
Corporate
Debt
  
Total Gains (Losses)
 
Balance at March 31, 2010
 $37,237  $1,814  $---  $--- 
Total gains or losses (realized and unrealized):
                
Included in earnings
  138   (1,814)  ---   (1,676)
Purchases, sales, issuances, and settlements, net
  (24,900)   ---    3,500    --- 
Balance at March 31, 2011
 $12,475  $---  $3,500  $(1,676)
 
Year Ended March 31, 2010
 
Auction Rate Securities
  
Put Option on Auction Rate Securities
  
Corporate
Debt
  
Total Gains (Losses)
 
Balance at March 31, 2009
 $46,800  $4,026  $---  $--- 
Total gains or losses (realized and unrealized):
                
Included in earnings
  (2,538)  (2,212)  ---   (4,750)
Purchases, sales, issuances, and settlements, net
  (7,025)  ---   ---   --- 
Balance at March 31, 2010
 $37,237  $1,814  $---  $(4,750)
Assets measured at fair value on a recurring basis (as presented in consolidated balance sheets)
 
Assets measured at fair value on a recurring basis are presented/classified on the consolidated balance sheets at March 31, 2011 as follows (amounts in thousands):

   
Quoted Prices in Active Markets for Identical Instruments
(Level 1)
  
Significant
Other
Observable
Inputs
(Level 2)
  
Significant Unobservable Inputs
(Level 3)
  
Total
Balance
 
Assets
            
Cash and cash equivalents
 $464,669  $239,254  $---  $703,923 
Short-term investments
  16,553   523,019   ---   539,572 
Long-term investments
  10,308   438,555   15,975   464,838 
Total assets measured at fair value
 $491,530  $1,200,828  $15,975  $1,708,333
Assets measured at fair value on a recurring basis are presented/classified in the consolidated balance sheets at March 31, 2010 as follows (amounts in thousands):
 

   
Quoted Prices in Active Markets for Identical Instruments
(Level 1)
  
Significant
Other
Observable
Inputs
(Level 2)
  
Significant
Unobservable
Inputs
(Level 3)
  
Total
Balance
 
Assets
            
Cash and cash equivalents
 $206,376  $285,754  $---  $492,130 
Short-term investments
  58,402   638,891   24,900   722,193 
Long-term investments
  ---   303,064   14,151   317,215 
Total assets measured at fair value
 $264,778  $1,227,709  $39,051  $1,531,538