XML 73 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Value Measurements (Tables)
9 Months Ended
Dec. 31, 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 December 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
Assets
 
 
 
 
 
 
 
Money market mutual funds
$
50,346

 
$

 
$

 
$
50,346

Marketable equity securities
4,353

 

 

 
4,353

Corporate bonds and debt

 
715,068

 
5,681

 
720,749

Government agency bonds

 
522,534

 

 
522,534

Deposit accounts

 
414,947

 

 
414,947

Municipal bonds

 
25,226

 

 
25,226

Auction rate securities

 

 
33,810

 
33,810

Total assets measured at fair value
$
54,699

 
$
1,677,775

 
$
39,491

 
$
1,771,965

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Contingent consideration
$

 
$

 
$
16,474

 
$
16,474

Total liabilities measured at fair value
$

 
$

 
$
16,474

 
$
16,474


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 nine months ended December 31, 2012, and the year ended March 31, 2012 (amounts in thousands):

Nine months ended December 31, 2012
 
Auction Rate
 Securities
 
Corporate
Debt
 
Contingent Consideration
 
Total Gains (Losses)
Balance at March 31, 2012
 
$
10,246

 
$
4,625

 
$

 
 
Total gains or losses (realized and unrealized):
 
 
 
 
 
 
 
 
Included in earnings
 
(412
)
 

 

 
$
(412
)
  Included in other comprehensive income
 
186

 

 

 
186

Purchases, sales, issuances, and settlements, net
 
(600
)
 
1,056

 

 
 
Acquisition-related
 
24,390

 

 
16,474

 
 
Balance at December 31, 2012
 
$
33,810

 
$
5,681

 
$
16,474

 
$
(226
)

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 December 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
$
50,346

 
$
414,947

 
$

 
$
465,293

Short-term investments

 
1,157,010

 

 
1,157,010

Long-term investments
4,353

 
105,818

 
39,491

 
149,662

Total assets measured at fair value
$
54,699

 
$
1,677,775

 
$
39,491

 
$
1,771,965


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