XML 63 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2013
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:
 
March 31, 2013
 
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
$
373,770

 
$

 
$

 
$
373,770

Commercial paper

 
89,987

 

 
89,987

Time deposits

 
93,843

 

 
93,843

Marketable securities:
 
 
 
 
 
 
 
Corporate debt security

 
1,021

 

 
1,021

   Equity security
4,793

 

 

 
4,793

Long-term investments:
 
 
 
 
 
 
 
Auction rate security

 

 
8,580

 
8,580

Marketable equity securities
27,152

 

 

 
27,152

Total
$
405,715

 
$
184,851

 
$
8,580

 
$
599,146

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Contingent consideration arrangement
$

 
$

 
$
(42,295
)
 
$
(42,295
)

 
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

Schedule of changes in assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)
The following table presents 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):
 
Three Months Ended March 31,
 
2013
 
2012
 
Auction Rate
Security
 
Contingent
Consideration
Arrangement
 
Auction Rate
Security
 
Contingent
Consideration
Arrangement
 
(In thousands)
Balance at January 1
$
8,100

 
$

 
$
5,870

 
$
(10,000
)
Total net gains (losses) (unrealized):
 
 


 
 
 
 
Included in earnings

 
(1,458
)
 

 

Included in other comprehensive income
480

 

 
1,850

 

Fair value at date of acquisition

 
(40,837
)
 

 

Settlements

 

 

 
10,000

Balance at March 31
$
8,580

 
$
(42,295
)
 
$
7,720

 
$