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Fair Value Measurements (Tables)
6 Months Ended
Sep. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]  
Schedule of Fair Value, Assets and LIabilities Measured on Recurring Basis
Assets and liabilities measured at fair value on a recurring basis at September 30, 2012 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
$
137,836

 
$

 
$

 
$
137,836

Marketable equity securities
4,435

 

 

 
4,435

Corporate bonds and debt

 
725,686

 
5,681

 
731,367

Government agency bonds

 
480,505

 

 
480,505

Deposit accounts

 
298,899

 

 
298,899

Municipal bonds

 
20,068

 

 
20,068

Auction rate securities

 

 
34,302

 
34,302

Total assets measured at fair value
$
142,271

 
$
1,525,158

 
$
39,983

 
$
1,707,412

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Contingent consideration
$

 
$

 
$
16,632

 
$
16,632

Total liabilities measured at fair value
$

 
$

 
$
16,632

 
$
16,632

  

Assets measured at fair value on a recurring basis at March 31, 2012 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
Money market fund deposits
$
232,219

 
$

 
$

 
$
232,219

Marketable equity securities
5,264

 

 

 
5,264

Corporate bonds and debt

 
769,479

 
4,625

 
774,104

Government agency bonds

 
342,104

 

 
342,104

Deposit accounts

 
403,536

 

 
403,536

Municipal bonds

 
20,122

 

 
20,122

Auction rate securities

 

 
10,246

 
10,246

Total assets measured at fair value
$
237,483

 
$
1,535,241

 
$
14,871

 
$
1,787,595


Reconciliation for all assets measured at fair value on a recurring basis
The following tables present a reconciliation for all assets and liabilities measured at fair value on a recurring basis, excluding accrued interest components, using significant unobservable inputs (Level 3) for the three months ended September 30, 2012, and the year ended March 31, 2012 (amounts in thousands):

Six months ended September 30, 2012
 
Auction Rate
 Securities
 
Corporate
Debt
 
Contingent Consideration
 
Total Losses
Balance at March 31, 2012
 
$
10,246

 
$
4,625

 
$

 
$

Total gains or losses (realized and unrealized):
 
 
 
 
 
 
 
 
Included in earnings
 
(334
)
 

 

 
(334
)
Purchases, sales, issuances, and settlements, net
 

 
1,056

 

 

Additions
 
24,390

 

 
16,632

 

Balance at September 30, 2012
 
$
34,302

 
$
5,681

 
$
16,632

 
$
(334
)


Year ended March 31, 2012
 
Auction Rate
Securities
 
Corporate
Debt
 
Total Gains
Balance at March 31, 2011
 
$
12,475

 
$
3,500

 
$

Total gains or losses (realized and unrealized):
 
 
 
 
 
 
Included in earnings
 
271

 

 
271

Purchases, sales, issuances, and settlements, net
 
(2,500
)
 
1,125

 

Balance at March 31, 2012
 
$
10,246

 
$
4,625

 
$
271

Fair Value, by Balance Sheet Grouping
Assets measured at fair value on a recurring basis are presented/classified on the condensed consolidated balance sheets at September 30, 2012 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
Cash and cash equivalents
$
137,836

 
$
298,899

 
$

 
$
436,735

Short-term investments

 
1,116,675

 

 
1,116,675

Long-term investments
4,435

 
109,584

 
39,983

 
154,002

Total assets measured at fair value
$
142,271

 
$
1,525,158

 
$
39,983

 
$
1,707,412


Assets measured at fair value on a recurring basis are presented/classified in the consolidated balance sheets at March 31, 2012 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
Cash and cash equivalents
$
232,219

 
$
403,536

 
$

 
$
635,755

Short-term investments
782

 
822,472

 

 
823,254

Long-term investments
4,482

 
309,233

 
14,871

 
328,586

Total assets measured at fair value
$
237,483

 
$
1,535,241

 
$
14,871

 
$
1,787,595