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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract]  
Financial assets subject to fair value measurements (excluding restricted cash and cash equivalents (Alios))
The following table sets forth the Company’s financial assets subject to fair value measurements:
 
Fair Value Measurements
as of June 30, 2014
 
 
 
Fair Value Hierarchy
 
Total
 
Level 1
 
Level 2
 
Level 3
 
(in thousands)
Financial assets carried at fair value:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
123,469

 
$
123,469

 
$

 
$

Marketable securities:
 
 
 
 
 
 
 
Government-sponsored enterprise securities
497,587

 
497,587

 

 

Commercial paper
69,243

 

 
69,243

 

Corporate debt securities
231,773

 

 
231,773

 

Total
$
922,072

 
$
621,056

 
$
301,016

 
$