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MARKETABLE SECURITIES AND FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2013
Marketable Securities and Fair Value Measurements [Abstract]  
Schedule of fair value of available-for-sale marketable securities
 
March 31, 2013
 
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Security type
Corporate debt securities-short term
$ 72,087 $ 53 $ (6 ) $ 72,134
Corporate debt securities-long term
30,682 69 (5 ) 30,746
Total available-for-sale marketable securities
$ 102,769 $ 122 $ (11 ) $ 102,880
 
December 31, 2012
 
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Security type
Corporate debt securities-short term
$ 64,921 $ 45 $ (22 ) $ 64,944
Corporate debt securities-long term
49,460 93 (14 ) 49,539
Total available-for-sale marketable securities
$ 114,381 $ 138 $ (36 ) $ 114,483
Schedule of fair value of trading securities
 
March 31, 2013
 
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Security type
Auction rate securities
$ 2,100 $ $ (313 ) $ 1,787
Total trading securities
$ 2,100 $ $ (313 ) $ 1,787
 
December 31, 2012
 
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Security type
Auction rate securities
$ 2,100 $ $ (311 ) $ 1,789
Total trading securities
$ 2,100 $ $ (311 ) $ 1,789
Schedule of assets measured at fair value on a recurring basis
March 31,
2013
Quoted Prices in
Active Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Cash equivalents
$ 12,728 $ 12,728 $ $
Corporate debt securities-short term
72,134 72,134
Corporate debt securities-long term
30,746 30,746
Auction rate securities-long term
1,787 1,787
Total
$ 117,395 $ 12,728 $ 102,880 $ 1,787
December 31,
2012
Quoted Prices in
Active Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Cash equivalents
$ 11,754 $ 11,754 $ $
Corporate debt securities-short term
64,944 64,944
Corporate debt securities-long term
49,539 49,539
Auction rate securities-long term
1,789 1,789
Total
$ 128,026 $ 11,754 $ 114,483 $ 1,789
Schedule of fair value of auction rate securities
 
Amount
Balance at December 31, 2012
$
1,789
Loss on auction rate securities
(2
)
Balance at March 31, 2013
$
1,787
 
 
Amount
Balance at December 31, 2011
$
1,676
Gain on auction rate securities
85
Balance at March 31, 2012
$
1,761
Schedule of quantitative information on the unobservable inputs of fair value measurements for Level 3 assets
 
Estimated
Fair Value at
March 31, 2013
Valuation
Technique
Unobservable Inputs
Range
Auction rate securities
$
1,787
  Discounted cash flow
Maximum rate
1.56
%
Liquidity risk premium
3.50%–4.50
%
Probability of earning maximum rate until maturity
0.06%–0.10
%
Probability of principal returned prior to maturity
86.20%–88.26
%
Probability of default
11.69%–13.71
%