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Fair Values of Financial and Nonfinancial Instruments (Tables)
9 Months Ended
Sep. 30, 2014
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, 2014

 

DECEMBER 31, 2013

Marketable securities, available-for-sale

 

 

 

 

 

 

 

U.S. Treasury securities

 

Level 1

 

    $

19,224

 

        $

76,504

 

Obligations of U.S. government agencies

 

Level 1

 

21,014

 

17,068

 

Municipal debt securities

 

Level 2

 

14,225

 

32,976

 

Corporate debt securities

 

Level 2

 

132,080

 

157,879

 

Asset-backed securities

 

Level 2

 

17,527

 

20,489

 

Time deposits

 

Level 2

 

2

 

1,606

 

Short-term pooled investments

 

Level 1

 

10,016

 

6,633

 

Mortgage loans held-for-sale

 

Level 2

 

87,141

 

139,576

 

Mortgage interest rate lock commitments

 

Level 2

 

6,594

 

5,218

 

Forward-delivery contracts

 

Level 2

 

(550

)

2,261