XML 77 R28.htm IDEA: XBRL DOCUMENT v3.6.0.2
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Fair Values of Financial Assets Measured on Recurring Basis

The fair values of the Company’s financial assets that are measured on a recurring basis are as follows (in thousands):

 

 

 

December 31, 2016

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Corporate bonds

 

$

 

 

$

126,683

 

 

$

 

 

$

126,683

 

Bond and mutual funds

 

 

22,462

 

 

 

 

 

 

 

 

 

22,462

 

Equity investments

 

 

225

 

 

 

 

 

 

 

 

 

225

 

Money market funds

 

 

94,543

 

 

 

 

 

 

 

 

 

94,543

 

Certificate of deposits

 

 

 

 

 

1,037

 

 

 

 

 

 

1,037

 

Total

 

$

117,230

 

 

$

127,720

 

 

$

 

 

$

244,950

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Corporate bonds

 

$

 

 

$

126,103

 

 

$

 

 

$

126,103

 

Bond and mutual funds

 

 

25,052

 

 

 

 

 

 

 

 

 

25,052

 

Equity investments

 

 

197

 

 

 

 

 

 

 

 

 

197

 

Money market funds

 

 

77,639

 

 

 

 

 

 

 

 

 

77,639

 

Certificate of deposits

 

 

 

 

 

8,215

 

 

 

 

 

 

8,215

 

Total

 

$

102,888

 

 

$

134,318

 

 

$

 

 

$

237,206

 

 

Fair Values of Financial Liabilities Carried at Historical Cost

The fair values of the Company’s financial liabilities that are carried at historical cost are as follows (in thousands):

 

 

 

December 31, 2016

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Lease financing obligations

 

$

 

 

$

 

 

$

97,856

 

 

$

97,856

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Lease financing obligations

 

$

 

 

$

 

 

$

97,445

 

 

$

97,445