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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]  
Available-for-sale Securities
The following tables summarize the Company's investments in marketable securities:
 
 
Amortized
 
Unrealized
 
Fair
As of December 31, 2014
 
Cost Basis
 
Gains
 
Losses
 
Value
Unrestricted
 
 
 
 
 
 
 
 
Corporate bonds
 
$
548,832

 
$
136

 
$
(1,462
)
 
$
547,506

U.S. government and government agency obligations
 
28,596

 
3

 
(46
)
 
28,553

Municipal bonds
 
37,044

 
37

 
(43
)
 
37,038

Equity securities
 
2,005

 
5,374

 

 
7,379

 
 
616,477

 
5,550

 
(1,551
)
 
620,476

Restricted
 
 
 
 
 
 
 
 
Equity securities
 
15,000

 
76,439

 

 
91,439

 
 
$
631,477

 
$
81,989

 
$
(1,551
)
 
$
711,915

As of December 31, 2013
 
 
 
 
 
 
 
 
Unrestricted
 
 
 
 
 
 
 
 
Corporate bonds
 
$
369,321

 
$
233

 
$
(361
)
 
$
369,193

U.S. government and government agency obligations
 
107,493

 
55

 
(27
)
 
107,521

Commercial paper
 
23,891

 
53

 

 
23,944

Municipal bonds
 
36,935

 
45

 
(59
)
 
36,921

International government agency obligations
 
2,007

 
1

 

 
2,008

Certificates of deposit
 
7,509

 
5

 

 
7,514

Equity securities
 
1,166

 

 

 
1,166

 
 
$
548,322

 
$
392

 
$
(447
)
 
$
548,267

Marketable Securities, Based on Contractual Maturity Dates
The fair values of debt security investments by contractual maturity consist of the following:
 
 
As of December 31,
 
 
2014
 
2013
Maturities within one year
 
$
251,761

 
$
158,376

Maturities after one year through five years
 
360,208

 
383,410

Maturities after five years through ten years
 
1,128

 
4,138

Maturities after ten years
 

 
1,177

 
 
$
613,097

 
$
547,101

Fair Value and Unrealized Losses of Marketable Securities
The following table shows the fair value of the Company's marketable securities that have unrealized losses and that are deemed to be only temporarily impaired, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position.
 
Less than 12 Months
 
12 Months or Greater
 
Total
As of December 31, 2014
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
Corporate bonds
$
390,613

 
$
(1,462
)
 

 

 
$
390,613

 
$
(1,462
)
U.S. government and government agency obligations
25,549

 
(46
)
 

 

 
25,549

 
(46
)
Municipal bonds
10,779

 
(43
)
 

 

 
10,779

 
(43
)
 
$
426,941

 
$
(1,551
)
 

 

 
$
426,941

 
$
(1,551
)
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Corporate bonds
$
176,140

 
$
(361
)
 

 

 
$
176,140

 
$
(361
)
U.S. government and government agency obligations
49,241

 
(27
)
 

 

 
49,241

 
(27
)
Municipal bonds
14,431

 
(59
)
 

 

 
14,431

 
(59
)
 
$
239,812

 
$
(447
)
 

 

 
$
239,812

 
$
(447
)