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Cash, Cash Equivalents And Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2013
Cash, Cash Equivalents And Marketable Securities [Abstract]  
Summary Of Cash, Cash Equivalents, And Marketable Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

Gross

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

March 31, 2013

Cost

 

Gains

 

Losses

 

Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

Cash

$

15,350 

 

$

 

$

 

$

15,350 

Money market funds

 

2,387 

 

 

 

 

 

 

2,387 

Corporate debt securities

 

1,451 

 

 

 

 

 

 

1,451 

U.S. government agency debt securities

 

2,742 

 

 

 

 

 

 

2,742 

Total cash and cash equivalents

$

21,930 

 

$

 

$

 

$

21,930 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale securities:

 

 

 

 

 

 

 

 

 

 

 

Total maturing within 1 year and included in marketable securities:

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

$

26,160 

 

$

21 

 

$

(1)

 

$

26,180 

Government agency debt securities

 

17,230 

 

 

 

 

 

 

17,239 

U.S. Treasury securities

 

1,004 

 

 

 

 

 

 

1,004 

Total maturing between 1 and 2 years and included in marketable securities:

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

6,533 

 

 

 

 

(1)

 

 

6,536 

U.S. government agency debt securities

 

 

 

 

 

 

 

 -

U.S. Treasury securities

 

 

 

 

 

 

 

 -

Total available-for-sale securities

$

50,927 

 

$

34 

 

$

(2)

 

$

50,959 

 

 

 

 

 

 

 

 

 

 

 

 

Total cash, cash equivalents and marketable securities

$

72,857 

 

$

34 

 

$

(2)

 

$

72,889 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

Gross

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

December 31, 2012

Cost

 

Gains

 

Losses

 

Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

Cash

$

11,769 

 

$

 

$

 

$

11,769 

Money market funds

 

11,268 

 

 

 

 

 

 

11,268 

Corporate debt securities

 

6,039 

 

 

 

 

 

 

6,039 

Total cash and cash equivalents

$

29,076 

 

$

 

$

 

$

29,076 

Available-for-sale securities:

 

 

 

 

 

 

 

 

 

 

 

Total maturing within 1 year and included in marketable securities:

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

$

21,662 

 

$

31 

 

$

 

$

21,693 

U.S. government agency debt securities

 

14,027 

 

 

 

 

 

 

14,035 

U.S. Treasury securities

 

2,008 

 

 

 

 

 

 

2,009 

Total maturing between 1 and 2 years and included in marketable securities:

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

7,858 

 

 

 

 

(2)

 

 

7,863 

U.S. government agency debt securities

 

3,208 

 

 

 

 

 

 

3,216 

Total available-for-sale securities

$

48,763 

 

$

55 

 

$

(2)

 

$

48,816 

 

 

 

 

 

 

 

 

 

 

 

 

Total cash, cash equivalents and marketable securities

$

77,839 

 

$

55 

 

$

(2)

 

$

77,892 

 

Schedule Of Gross Unrealized Losses And Fair Values Of Investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less than 12 months

 

12 months or greater

 

Total

 

 

 

 

Gross

 

 

 

 

Gross

 

 

 

 

Gross

 

 

 

 

Unrealized

 

 

 

 

Unrealized

 

 

 

 

Unrealized

 

Fair Value

 

Losses

 

Fair Value

 

Losses

 

Fair Value

 

Losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

$

4,475 

 

$

(2)

 

$

 

$

 

$

4,475 

 

$

(2)

 

Schedule Of Financial Assets Measured At Fair Value On A Recurring Basis

The following tables represent the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2013 and December 31, 2012 (in thousands):

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2013

Level 1

 

Level 2

 

Level 3

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

2,387 

 

$

 

$

 

$

2,387 

Corporate debt securities

 

1,451 

 

 

32,717 

 

 

 

 

34,168 

Government agency debt securities

 

2,742 

 

 

17,239 

 

 

 

 

19,981 

U.S. Treasury securities

 

 

 

1,003 

 

 

 

 

1,003 

Total

$

6,580 

 

$

50,959 

 

$

 

$

57,539 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

$

 

$

 

$

1,458 

 

$

1,458 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

Level 1

 

Level 2

 

Level 3

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

11,268 

 

$

 

$

 

$

11,268 

U.S. corporate debt securities

 

6,039 

 

 

29,556 

 

 

 

 

35,595 

U.S. Government agency debt securities

 

 

 

17,251 

 

 

 

 

17,251 

U.S. Treasury securities

 

 

 

2,009 

 

 

 

 

2,009 

Total

$

17,307 

 

$

48,816 

 

$

 

$

66,123 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

$

 

$

 

$

1,342 

 

$

1,342 

 

Schedule of Financial Liabilities measured at Fair Value on a recurring basis using significant unobservable inputs

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

Net accretion

 

Balance at

 

 

December

 

and fair  value

 

March

 

 

31, 2012

 

adjustments

 

31, 2013

Liabilities:

  

 

 

  

 

 

 

 

 

Contingent consideration obligations

  

$

1,342 

  

$

116 

 

$

1,458