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FAIR VALUE OF ASSETS AND LIABILITIES (Tables)
3 Months Ended
Mar. 31, 2013
Fair Value Disclosures [Abstract]  
Investments measured at fair value on a recurring basis
The table below presents the balances of investments measured at fair value on a recurring basis at March 31, 2013:
 
March 31, 2013
 
Total
 
Level 1
 
Level 2
 
Level 3
 
(In thousands)
Assets
 

 
 

 
 

 
 

Cash
 

 
 

 
 

 
 

Money market funds
$
1,042

 
$
1,042

 
$

 
$

 


 
 
 
 
 
 
Short-term investments
 

 
 
 
 
 
 
Corporate equity securities
2,126

 
2,126

 

 

 


 
 
 
 
 
 
Other assets
 

 
 

 
 

 
 

Auction-rate securities
1,066

 

 

 
1,066

 


 
 
 
 
 
 
Investment funds - Deferred compensation plan assets


 
 
 
 
 
 
Institutional money market funds
434

 
434

 

 

Fixed income
1,042

 
1,042

 

 

Marketable equity securities
4,091

 
4,091

 

 

Total institutional funds - Deferred compensation plan
5,567

 
5,567





Total other assets
6,633

 
5,567

 

 
1,066

Total
$
9,801

 
$
8,735

 
$

 
$
1,066

 
The table below presents the balances of investments measured at fair value on a recurring basis at December 31, 2012:
 
 
December 31, 2012
 
Total
 
Level 1
 
Level 2
 
Level 3
 
(In thousands)
Assets
 

 
 

 
 

 
 

Cash
 

 
 

 
 

 
 

Money market funds
$
1,036

 
$
1,036

 
$

 
$

 
 
 
 
 
 
 
 
Short-term investments
 

 
 

 
 

 
 

Corporate debt securities
2,687

 
2,687

 

 

 
 
 
 
 
 
 
 
Other assets
 

 
 

 
 

 
 

Auction-rate securities
1,066

 

 

 
1,066

 
 
 
 
 
 
 
 
Investment funds - Deferred compensation plan assets
 
 
 
 
 
 
 
Institutional money market funds
597

 
597

 

 

Fixed income
902

 
902

 

 

Marketable equity securities
3,479

 
3,479

 

 

Total institutional funds - Deferred compensation plan
4,978

 
4,978

 

 

Total other assets
6,044

 
4,978

 

 
1,066

Total
$
9,767

 
$
8,701

 
$

 
$
1,066