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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 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:
 
September 30, 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
$
184,449

 
$

 
$

 
$
184,449

Commercial paper

 
84,443

 

 
84,443

Time deposits

 
4,400

 

 
4,400

Marketable securities:
 
 
 
 
 
 
 
Corporate debt securities

 
15,632

 

 
15,632

States of the U.S. and state political subdivisions

 
112,991

 

 
112,991

   Equity security
10,303

 

 

 
10,303

Long-term investments:
 
 
 
 
 
 
 
Auction rate security

 

 
7,330

 
7,330

Marketable equity securities
66,078

 

 

 
66,078

Total
$
260,830

 
$
217,466

 
$
7,330

 
$
485,626


 
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):
 
Three Months Ended September 30,
 
2012
 
2011
 
Auction Rate
Security
 
Auction Rate
Security
 
Contingent
Consideration
Arrangement
 
(In thousands)
Balance at July 1
$
6,730

 
$
8,680

 
$
(10,000
)
Total net gains (losses) (realized and unrealized):
 
 
 
 
 
Included in other comprehensive income
600

 
(2,820
)
 

Balance at September 30
$
7,330

 
$
5,860

 
$
(10,000
)

 
Nine Months Ended September 30,
 
2012
 
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 income
1,460

 

 
(2,240
)
 

Fair value at date of acquisition

 

 

 
(40,000
)
Settlements

 
10,000

 
(5,000
)
 
30,000

Balance at September 30
$
7,330

 
$

 
$
5,860

 
$
(10,000
)