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Marketable Securities and Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2013
Short-Term And Long-Term Marketable Securities
Our short-term and long-term marketable securities as of March 31, 2013 and December 31, 2012 are as follows (in thousands):

Short-term
March 31, 2013
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair Value
Corporate bonds
27,145

 
21

 
(2
)
 
27,164

U.S. dollar dominated foreign corporate bonds
8,052

 
10

 

 
8,062

Commercial paper
2,749

 

 

 
2,749

Total
$
37,946

 
$
31

 
$
(2
)
 
$
37,975


Long-term
 
March 31, 2013
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair Value
Corporate bonds
$
7,592

 
$
2

 
$
(4
)
 
$
7,590

U.S. government agency bonds
2,066

 
2

 

 
2,068

U.S. dollar dominated foreign corporate bonds
1,023

 

 
(1
)
 
1,022

Total
$
10,681

 
$
4

 
$
(5
)
 
$
10,680


Short-term
December 31, 2012
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair Value
Corporate bonds
$
18,767

 
$
7

 
$
(4
)
 
$
18,770

Commercial paper
4,646

 
1

 

 
4,647

U.S. dollar dominated foreign corporate bonds
5,060

 
9

 
(1
)
 
5,068

Total
$
28,473

 
$
17

 
$
(5
)
 
$
28,485


Long-term 
December 31, 2012
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
Corporate bonds
16,132

 
16

 
(7
)
 
16,141

U.S. government agency bonds
$
2,069

 
$
1

 
$

 
$
2,070

U.S. dollar dominated foreign corporate bonds
3,038

 
4

 
(1
)
 
3,041

Total
$
21,239

 
$
21

 
$
(8
)
 
$
21,252

Investments Classified by Contractual Maturity Date [Table Text Block]
 
March 31,
 
December 31,
 
2013
 
2012
 
(in thousands)
 
(in thousands)
One year or less
$
37,975

 
$
28,485

One year through two years
10,680

 
21,252

Total available for sale securities
$
48,655

 
$
49,737

Financial Assets Measured At Fair Value On Recurring Basis
The following table summarizes our financial assets measured at fair value on a recurring basis as of March 31, 2013 (in thousands):
 
Description
Balance as of
March 31, 2013
 
Quoted Prices in
Active  Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable  Inputs
(Level 2)
Cash equivalents:
 
 
 
 
 
Money market funds
$
258,819

 
$
258,819

 
$

Commercial paper
500

 

 
500

Short-term investments:
 
 
 
 
 
Commercial paper
2,749

 

 
2,749

Corporate bonds
27,164

 

 
27,164

U.S. dollar dominated foreign corporate bonds
8,062

 

 
8,062

Long-term investments:
 
 
 
 
 
Corporate bonds
7,590

 

 
7,590

U.S. government agency bonds
2,068

 

 
2,068

U.S. dollar dominated foreign corporate bonds
1,022

 

 
1,022

Other assets:
 
 
 
 
 
Israeli severance funds
2,265

 

 
2,265

 
$
310,239

 
$
258,819

 
$
51,420


The following table summarizes our financial assets measured at fair value on a recurring basis as of December 31, 2012 (in thousands):
 
Description
Balance as of
December 31, 2012
 
Quoted Prices in
Active  Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable  Inputs
(Level 2)
Cash equivalents:
 
 
 
 
 
Money market funds
$
86,166

 
$
86,166

 
$

Commercial paper
950

 

 
950

Short-term investments:
 
 
 
 
 
Commercial paper
4,647

 

 
4,647

Corporate bonds
18,770

 

 
18,770

U.S. government agency bonds
5,068

 

 
5,068

Long-term investments:
 
 
 
 
 
U.S. government agency bonds
2,070

 

 
2,070

Corporate bonds
16,141

 

 
16,141

U.S. dollar denominated foreign corporate bonds
3,041

 

 
3,041

Other assets:
 
 
 
 
 
Israeli severance funds
2,218

 

 
2,218

 
$
139,071

 
$
86,166

 
$
52,905