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Fair Values of Financial and Nonfinancial Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Fair Values of Financial and Nonfinancial Instruments  
Fair value measurement methods and values for financial instruments measured on a recurring basis

 

 

 

 

 

 

 

 

FAIR VALUE 

(in thousands)

 

HIERARCHY

 

JUNE 30, 2013

 

DECEMBER 31, 2012 

Marketable securities, available-for-sale

 

 

 

 

 

 

 

U.S. Treasury securities

 

Level 1

 

  $

42,664

 

$

3,099

 

Obligations of U.S. and local government agencies

 

Levels 1 and 2

 

65,005

 

155,293

 

Corporate debt securities

 

Level 2

 

158,640

 

165,194

 

Asset-backed securities

 

Level 2

 

28,040

 

27,314

 

Short-term pooled investments

 

Levels 1 and 2

 

67,845

 

37,120

 

Mortgage loans held-for-sale

 

Level 2

 

88,393

 

107,950

 

Mortgage interest rate lock commitments

 

Level 2

 

1,876

 

4,737

 

Forward-delivery contracts

 

Level 2

 

9,147

 

(369

)