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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Schedule of assets measured at fair value on a recurring basis
The Company’s assets that are measured at fair value on a recurring basis, at December 31, 2013 and 2012, consist of the following:
 
 
 
Fair Value Measurements at Reporting Date Using
At December 31, 2013
Fair Value
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Unrestricted
 
 
 
 
 
Available-for-sale marketable securities:
 
 
 
 
 
U.S. government and government agency obligations
$
107,521

 

 
$
107,521

Corporate bonds
369,193

 

 
369,193

Commercial paper
23,944

 

 
23,944

Municipal bonds
36,921

 

 
36,921

International government agency obligations
2,008

 

 
2,008

Certificates of deposit
7,514

 

 
7,514

Equity securities
1,166

 
$
1,166

 

 
$
548,267

 
$
1,166


$
547,101

 
 
 
 
 
 
At December 31, 2012
 
 
 
 
 
Unrestricted
 
 
 
 
 
Available-for-sale marketable securities:
 
 
 
 
 
U.S. government and government agency obligations
$
328,146

 

 
$
328,146

Municipal bonds
17,510

 

 
17,510

Equity securities
3,393

 
$
3,393

 

 
349,049

 
3,393

 
345,656

Restricted

 


 
 
Available-for-sale marketable securities:

 


 

U.S. government obligations
5,909

 

 
5,909

 
$
354,958

 
$
3,393

 
$
351,565