XML 55 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value Disclosures [Abstract]  
Schedule of assets and liabilities measured at fair value on a recurring basis
The following tables present the Company's assets and liabilities that are measured at fair value on a recurring basis:
 
December 31, 2012
 
Quoted Market
Prices in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Fair Value
Measurements
 
(In thousands)
Assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
545,290

 
$

 
$

 
$
545,290

Time deposits

 
11,994

 

 
11,994

Marketable securities:
 
 
 
 
 
 
 
Corporate debt securities

 
13,627

 

 
13,627

Equity security
6,977

 

 

 
6,977

Long-term investments:
 
 
 
 
 
 
 
Auction rate security

 

 
8,100

 
8,100

Marketable equity securities
31,244

 

 

 
31,244

Total
$
583,511

 
$
25,621

 
$
8,100

 
$
617,232

 
December 31, 2011
 
Quoted Market
Prices in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant Unobservable Inputs
 (Level 3)
 
Total
Fair Value
Measurements
 
(In thousands)
Assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Treasury and government agency money market funds
$
321,314

 
$

 
$

 
$
321,314

Commercial paper

 
237,942

 

 
237,942

Time deposits

 
4,750

 

 
4,750

Marketable securities:
 
 
 
 
 
 
 
Corporate debt securities

 
48,705

 

 
48,705

States of the U.S. and state political subdivisions

 
112,323

 

 
112,323

Equity security
4,667

 

 

 
4,667

Long-term investments:
 
 
 
 
 
 
 
Auction rate security

 

 
5,870

 
5,870

Marketable equity securities
74,691

 

 

 
74,691

Total
$
400,672

 
$
403,720

 
$
5,870

 
$
810,262

Liabilities:
 
 
 
 
 
 
 
Contingent consideration arrangement
$

 
$

 
$
(10,000
)
 
$
(10,000
)
Schedule of changes in assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)
The following tables present the changes in the Company's assets and liabilities that are measured at fair value on a recurring basis using significant unobservable inputs (Level 3):
 
For the Year Ended
 
December 31, 2012
 
December 31, 2011
 
Auction Rate
Security
 
Contingent
Consideration
Arrangement
 
Auction Rate
Securities
 
Contingent
Consideration
Arrangement
 
(In thousands)
Balance at January 1
$
5,870

 
$
(10,000
)
 
$
13,100

 
$

Total net gains (losses) (realized and unrealized):
 
 
 
 
 
 
 
Included in other comprehensive loss
2,230

 

 
(2,230
)
 

Fair value at date of acquisition

 

 

 
(40,000
)
Settlements

 
10,000

 
(5,000
)
 
30,000

Balance at December 31
$
8,100

 
$

 
$
5,870

 
$
(10,000
)