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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2011
Fair Value Disclosures [Abstract] 
Schedule of Fair Value - Assets Measured on Recurring Basis
The following tables set forth by level within the fair value hierarchy the Company's assets and liabilities that were recorded at fair value as of September 30, 2011 and December 31, 2010 (in thousands). As required by the guidance for fair value measurements, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Thus, assets and liabilities categorized as Level 3 may be measured at fair value using inputs that are observable (Levels 1 and 2) and unobservable (Level 3). Management's assessment of the significance of a particular input to the fair value measurement requires judgment, which may affect the valuation of assets and liabilities and their placement within the fair value hierarchy levels.

 
At Fair Value as of September 30, 2011
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Money market funds
$

 
$
251,175

 
$

 
$
251,175

Commercial paper

 
197,617

 

 
197,617

U.S. government or government agency securities

 
310,315

 

 
310,315

Total
$

 
$
759,107

 
$

 
$
759,107


 
At Fair Value as of December 31, 2010
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Money market funds
$

 
$
168,831

 
$

 
$
168,831

Commercial paper

 
17,494

 

 
17,494

U.S. government or government agency securities

 
108,364

 

 
108,364

Total
$

 
$
294,689

 
$

 
$
294,689

Available-for-sale Securities
Available-for-sale securities were comprised as follows as of September 30, 2011 and December 31, 2010 (in thousands):

 
As of September 30, 2011
 
Cost
 
Fair Value
 
 
 
 
Money market funds
$
251,175

 
$
251,175

Commercial paper
197,616

 
197,617

U.S. government or government agency securities
310,316

 
310,315

 
$
759,107

 
$
759,107


 
As of December 31, 2010
 
Cost
 
Fair Value
 
 
 
 
Money market funds
$
168,831

 
$
168,831

Commercial paper
17,494

 
17,494

U.S. government or government agency securities
108,364

 
108,364

 
$
294,689

 
$
294,689

Schedule of Fair Value - Assets Measured on a Nonrecurring Basis
The tables below summarize the non-financial assets that were measured and recorded at fair value on a non-recurring basis as of September 30, 2011 and December 31, 2010 and the losses recorded during the three and nine months ended September 30, 2011 and the year ending December 31, 2010 on those assets (in thousands):


 
At Fair Value as of September 30, 2011
 
Level 1
 
Level 2
 
Level 3
 
Losses
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Wireless licenses
$

 
$

 
$
9,115

 
$
377

Total
$

 
$

 
$
9,115

 
$
377


 
At Fair Value as of December 31, 2010
 
Level 1
 
Level 2
 
Level 3
 
Losses
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Goodwill
$

 
$

 
$

 
$
430,101

Property and equipment

 

 

 
46,460

Wireless licenses

 

 
7,496

 
766

Total
$

 
$

 
$
7,496

 
$
477,327