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Short-Term And Long-Term Investments
9 Months Ended
Sep. 30, 2011
Short-Term And Long-Term Investments [Abstract] 
Short-Term And Long-Term Investments

(5) SHORT-TERM AND LONG-TERM INVESTMENTS

All investments were classified as available-for-sale at September 30, 2011 and December 31, 2010. The principal amounts of short-term and long-term investments by contractual maturity are summarized in the tables below:

 

    Contractual Maturity Date
For the Years Ending December 31,
    Unrealized
Gain (Loss)
    Aggregate
Fair Value at
September 30, 2011
 
    2011     2012     2013     2014     Total Book
Value at
September 30, 2011
     

Certificates of deposit

  $ 3,919      $ 38,962      $ 17,240      $ 0      $ 60,121      $ 15      $ 60,136   

Commercial paper

    14,994        24,706        0        0        39,700        (15 )      39,685   

Corporate securities

    10,558        95,701        41,098        3,100        150,457        64        150,521   

U.S. Government agency securities

    0        12,497        35,916        0        48,413        5        48,418   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $   29,471      $ 171,866      $ 94,254      $ 3,100      $ 298,691      $ 69      $ 298,760   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
          Contractual Maturity Date
For the Years Ending December  31,
    Unrealized
Gain
    Aggregate
Fair Value at
December 31, 2010
 
          2011     2012     2013     Total Book
Value at
December 31, 2010
     

Certificates of deposit

    $ 29,844      $ 22,748      $ 3,093      $ 55,685      $ 8      $ 55,693   

Commercial paper

      27,439        0        0        27,439        18        27,457   

Corporate securities

      80,062        63,046        8,809        151,917        598        152,515   

U.S. Government agency securities

      48,480        28,021        2,000        78,501        38        78,539   
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    $ 185,825      $ 113,815      $   13,902      $ 313,542      $ 662      $ 314,204   
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The Company completed an evaluation of its investments and determined that it did not have any other-than-temporary impairments as of September 30, 2011. The investments are placed in financial institutions with strong credit ratings and management expects full recovery of the carrying amounts.

The aggregate amounts of unrealized losses and related fair value of investments with unrealized losses as of September 30, 2011 and December 31, 2010 were as follows:

 

0000000000 0000000000 0000000000 0000000000 0000000000 0000000000
    Less Than 12 Months
To Maturity
    12 Months or More
To Maturity
    Totals at
September 30, 2011
 
    Aggregate
Fair Value
    Unrealized
Losses
    Aggregate
Fair Value
    Unrealized
Losses
    Aggregate
Fair Value
    Unrealized
Losses
 

Certificates of deposit

  $ 8,589      $ (1 )    $ 9,982      $ (4 )    $ 18,571      $ (5 ) 

Commercial paper

    19,196        (22 )      0        0        19,196        (22 ) 

Corporate securities

    26,680        (94 )      39,142        (186 )      65,822        (280 ) 

U.S. Government agency securities

    0        0        22,320        (7 )      22,320        (7 ) 
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 54,465      $ (117 )    $ 71,444      $ (197 )    $ 125,909      $ (314 ) 
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
    Less Than 12 Months
To Maturity
    12 Months or More
To Maturity
    Totals at
December 31, 2010
 
    Aggregate
Fair Value
    Unrealized
Losses
    Aggregate
Fair Value
    Unrealized
Losses
    Aggregate
Fair Value
    Unrealized
Losses
 

Certificates of deposit

  $ 13,283      $ (21 )    $ 1,678      $ (1 )    $ 14,961      $ (22 ) 

Commercial paper

    7,486        (1 )      0        0        7,486        (1 ) 

Corporate securities

    19,606        (7 )      18,437        (68 )      38,043        (75 ) 

U.S. Government agency securities

    0        0        16,463        (33 )      16,463        (33 ) 
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 40,375      $ (29 )    $ 36,578      $ (102 )    $ 76,953      $ (131