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Fair Value (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Summarizes of Fair Value of Assets Liabilities
The following table summarizes our assets and liabilities that require fair value measurements on a recurring basis and their respective input levels based on the fair value hierarchy:
 
Estimated Fair Value
 
Quoted
Market
Prices for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(In thousands)
December 31, 2013:
 
 
 
 
 
 
 
Cash equivalents (1)
$
3,673

 
$
3,673

 
$

 
$

Short-Term Marketable Securities:
 
 
 
 
 
 
 
U.S. Treasury securities
1,503

 
1,503

 

 

U.S. government and agency securities
152

 

 
152

 

Commercial paper and certificates of deposit
1,300

 

 
1,300

 

Corporate debt securities
22,425

 

 
22,425

 

Municipal debt securities
500

 

 
500

 

Long-Term Marketable Securities:
 
 
 
 
 
 
 
Corporate debt securities
2,879

 

 
2,879

 

Total marketable securities:
28,759

 
1,503

 
27,256

 

Foreign currency forward contracts not designated as hedges
34

 

 
34

 

Total assets measured at fair value
$
32,466

 
$
5,176

 
$
27,290

 
$



(1)
Cash equivalents are included in the Cash and cash equivalents line in the consolidated balance sheet

There were no transfers between Level 1 and Level 2 securities during the year ended December 31, 2013.
 
 
Estimated Fair Value
 
Quoted
Market
Prices for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(In thousands)
December 31, 2012:
 
 
 
 
 
 
 
Cash equivalents (1)
$
46,043

 
$
46,043

 
$

 
$

Short-Term Marketable Securities:
 
 
 
 
 
 
 
U.S. Treasury securities
1,805

 
1,805

 

 

U.S. government and agency securities
3,023

 

 
3,023

 

Commercial paper and certificates of deposit
6,003

 

 
6,003

 

Corporate debt securities
16,020

 

 
16,020

 

Municipal debt securities

 

 

 

Long-Term Marketable Securities:
 
 
 
 
 
 
 
U.S. Treasury securities
1,521

 
1,521

 

 

U.S. government and agency securities
158

 

 
158

 

Corporate debt securities
10,869

 

 
10,869

 

Total assets at fair value
$
85,442

 
$
49,369

 
$
36,073

 

Liabilities:
 
 
 
 
 
 
 
Acquisition-related contingent consideration
$
241

 
$

 
$

 
$
241

Foreign currency forward contracts not designated as hedges
99

 

 
99

 

Total liabilities at fair value
$
340

 
$

 
$
99

 
$
241

 
(1)
Cash equivalents are included in the Cash and cash equivalents line in the consolidated balance sheet
Summary of the Contingent Consideration Measured
The following table includes a summary of the contingent consideration measured at fair value using significant unobservable inputs (Level 3) during the year ended December 31, 2013 (in thousands):
 
Balance at December 31, 2012
$
241

Expenses recorded due to changes in fair value
9

Payments
(250
)
Balance at December 31, 2013
$

Summary of Note Receivable classified as Level 3 instrument
The note receivable is classified as a Level 3 instrument, as the inputs used in the analysis are unobservable and required significant management judgment.

 
Estimated Fair Value
 
Quoted
Market
Prices for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(In thousands)
Promissory notes receivable
$
7,393

 
$

 
$

 
$
7,393