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Fair Values of Financial and Nonfinancial Instruments (Tables)
9 Months Ended
Sep. 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

 

SEPTEMBER 30, 2013

 

DECEMBER 31, 2012

 

Marketable securities, available-for-sale

 

 

 

 

 

 

 

U.S. Treasury securities

 

Level 1

 

$

93,694

 

$

3,099

 

Obligations of U.S. government agencies

 

Level 1

 

20,226

 

133,110

 

Municipal debt securities

 

Level 2

 

37,029

 

22,183

 

Corporate debt securities

 

Level 2

 

164,855

 

163,393

 

Asset-backed securities

 

Level 2

 

24,685

 

27,314

 

Time deposits

 

Level 2

 

1,804

 

-

 

Short-term pooled investments

 

Level 1

 

25,228

 

36,526

 

Mortgage loans held-for-sale

 

Level 2

 

86,463

 

107,950

 

Mortgage interest rate lock commitments

 

Level 2

 

9,770

 

4,737

 

Forward-delivery contracts

 

Level 2

 

(6,878

)

(369

)