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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2011
FINANCIAL INSTRUMENTS  
Schedule of fair values of the financial instruments

 

 

 
  December 31, 2011   December 31, 2010  
 
  Carrying
Value
  Fair
Value
  Carrying
Value
  Fair
Value
 
 
  (In thousands)
 

Assets:

                         

Cash and cash equivalents

  $ 704,153   $ 704,153   $ 742,099   $ 742,099  

Marketable securities

    165,695     165,695     563,997     563,997  

Auction rate securities

    5,870     5,870     13,100     13,100  

Long-term marketable equity securities

    74,691     74,691          

Notes receivable

    3,424     3,058     3,316     2,818  

Liabilities:

                         

Contingent consideration arrangement

    (10,000 )   (10,000 )        

Long-term debt

    (95,844 )   (93,339 )   (95,844 )   (83,363 )

Guarantee of an equity method investee's debt

    (5,000 )   (5,000 )        

Letters of credit and surety bond

    N/A     (312 )   N/A     (362 )