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Cash, Cash Equivalents, Short-Term Investments And Fair Value Measurment (Tables)
6 Months Ended
Jun. 30, 2012
Short-Term Investments And Fair Value Measurement [Abstract]  
Available-For-Sale Securities Reported At Fair Value
The following table summarizes, by major security type, the Company’s assets that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy:
 
 
As of
 
June 30, 2012
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
 
(in thousands)
Cash
$
402,192

 
$

 
$

 
$
402,192

Level 1 securities (1):
 
 
 
 
 
 
 
Money market funds
4,928

 

 

 
4,928

Level 2 securities (3):
 
 
 
 
 
 
 
Corporate debt securities
108,956

 
807

 
(20
)
 
109,743

Government and agency securities
210,477

 
281

 
(38
)
 
210,720

Asset and mortgage-backed securities
90,226

 
420

 
(17
)
 
90,629

 
$
816,779

 
$
1,508

 
$
(75
)
 
$
818,212

Less: Restricted cash (1)
 
 
 
 
 
 
(4,869
)
Total cash, cash equivalents and short-term investments
 
 
 
 
 
 
$
813,343

 
 
As of
 
December 31, 2011
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
 
(in thousands)
Cash
$
388,941

 
$

 
$

 
$
388,941

Level 1 securities (2):
 
 
 
 
 
 
 
Money market funds
123,608

 

 

 
123,608

Level 2 securities (3):
 
 
 
 
 
 
 
Corporate debt securities
112,264

 
603

 
(214
)
 
112,653

Government and agency securities
175,464

 
694

 
(56
)
 
176,102

Asset and mortgage-backed securities
941

 
62

 

 
1,003

 
$
801,218

 
$
1,359

 
$
(270
)
 
$
802,307

Less: Restricted cash (2)
 
 
 
 
 
 
(4,496
)
Total cash, cash equivalents and short-term investments
 
 
 
 
 
 
$
797,811

(1)
Includes $4.9 million of restricted cash classified in other non-current assets.
(2)
Includes $119.1 million classified in cash and cash equivalents and $4.5 million of restricted cash classified in other current assets and non-current assets.
(3)
Included in short-term investments.
Estimated Fair Value Of Short-Term Investments By Contractual Maturity
The estimated fair value of short-term investments by contractual maturity as of June 30, 2012 is as follows:
 
 
(in thousands)
Due within one year
$
15,676

Due after one year and through 5 years
355,328

Due after 5 years and through 10 years
9,223

Due after 10 years
30,865

Total short-term investments
$
411,092