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Balance Sheet Information (Tables)
3 Months Ended
Mar. 31, 2013
Balance Sheet Information  
Schedule of available-for-sale securities

Available-for-sale securities consist of the following (in thousands):

 

 

 

March 31, 2013

 

 

 

Amortized 
Cost

 

Gains in 
Accumulated 
Other 
Comprehensive 
Income

 

Losses in 
Accumulated 
Other 
Comprehensive 
Income

 

Estimated 
Fair Value

 

Treasury bills

 

$

271,168

 

$

33

 

$

 

$

271,201

 

Government agency securities

 

8,055

 

 

 

8,055

 

Corporate bonds

 

63,488

 

38

 

(27

)

63,499

 

Commercial paper

 

19,992

 

 

 

19,992

 

Total available-for-sale securities

 

$

362,703

 

$

71

 

$

(27

)

$

362,747

 

 

 

 

December 31, 2012

 

 

 

Amortized 
Cost

 

Gains in 
Accumulated 
Other 
Comprehensive
Income

 

Losses in 
Accumulated 
Other 
Comprehensive
Income

 

Estimated 
Fair Value

 

Treasury bills

 

$

184,102

 

$

76

 

$

 

$

184,178

 

Government agency securities

 

8,056

 

 

 

8,056

 

Total available-for-sale securities

 

$

192,158

 

$

76

 

$

 

$

192,234

 

Summary of fair value of short-term investments that have been in an unrealized loss position for less than 12 months

The table below shows the fair value of short-term investments that have been in an unrealized loss position for less than 12 months as of March 31, 2013 (in thousands):

 

 

 

Estimated
Fair value

 

Unrealized 
Losses

 

Corporate bonds

 

$

28,491

 

$

(27

)

Total

 

$

28,491

 

$

(27

)

Schedule of contractual maturities of available-for-sale debt securities

Contractual maturities of available-for-sale securities are as follows (in thousands):

 

 

 

March 31, 2013

 

 

 

Estimated Fair Value

 

Due in one year or less

 

$

288,752

 

Due in 1—2 years

 

32,811

 

Due in 2—3 years

 

41,184

 

Total available-for-sale securities

 

$

362,747

 

Schedule of inventories

Inventories are stated at the lower of cost (principally first-in, first-out) or market. Inventories consist of (in thousands):

 

 

 

March 31,

 

December 31,

 

 

 

 2013 

 

 2012

 

Materials

 

$

44,219

 

$

36,523

 

Work in process

 

17,248

 

13,363

 

Finished goods

 

6,222

 

9,921

 

 

 

$

67,689

 

$

59,807

 

Schedule of changes in warranty liability

Changes in our warranty liability during the period are as follows (in thousands):

 

 

 

Three months ended

 

 

 

March 31,

 

 

 

 2013 

 

 2012

 

Balance as of the beginning of period

 

$

4,942

 

$

8,731

 

Warranties issued during the period

 

478

 

696

 

Settlements made during the period

 

(1,341

)

(1,840

)

Changes in estimate during the period

 

 

327

 

Balance as of the end of period

 

$

4,079

 

$

7,914

 

Schedule of the components of accumulated other comprehensive income

The components of accumulated other comprehensive income are (in thousands):

 

As of March 31, 2013

 

Gross

 

Taxes

 

Net

 

Translation adjustments

 

$

6,290

 

$

(352

)

$

5,938

 

Minimum pension liability

 

(1,285

)

510

 

(775

)

Unrealized gain on available-for-sale securities

 

44

 

(13

)

31

 

Accumulated other comprehensive income

 

$

5,049

 

$

145

 

$

5,194

 

 

As of December 31, 2012

 

Gross

 

Taxes

 

Net

 

Translation adjustments

 

$

7,040

 

$

(339

)

$

6,701

 

Minimum pension liability

 

(1,285

)

510

 

(775

)

Unrealized gain on available-for-sale securities

 

76

 

(29

)

47

 

Accumulated other comprehensive income

 

$

5,831

 

$

142

 

$

5,973