Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Disclosures [Abstract]

Financial assets and liabilities measured at fair value on recurring basis

The Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2016 were as follows (in thousands):

	Fair value at June 30, 2016		Fair value measurement using
			Level 1		Level 2
Assets:
Cash	$	428,805	$	428,805	$	—
Money market and deposit accounts	51,169		51,169		—
Publicly traded equity securities	5,932		5,932		—
Certificates of deposit	8,276		—		8,276
Derivative instruments (1)	91,684		—		91,684
	$	585,866	$	485,906	$	99,960
Liabilities:
Derivative instruments (1)	$	7,101	$	—	$	7,101

⁽¹⁾  Includes both foreign currency embedded derivatives and foreign currency forward and option contracts. Amounts are included within other current assets, other assets, others current liabilities and other liabilities in the Company’s accompanying condensed consolidated balance sheet.

The Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 were as follows (in thousands):

	Fair value at December 31, 2015		Fair value measurement using
			Level 1		Level 2
Assets:
Cash	$	1,139,554	$	1,139,554	$	—
Money market and deposit accounts	1,089,284		1,089,284		—
Publicly traded equity securities	3,353		3,353		—
Certificates of deposit	14,106		—		14,106
Derivative instruments (1)	68,900		—		68,900
	$	2,315,197	$	2,232,191	$	83,006
Liabilities:
Derivative instruments (1)	$	79,925	$	—	$	79,925

⁽¹⁾  Includes both foreign currency embedded derivatives and foreign currency forward and option contracts. Amounts are included within other current assets, other assets, other current liabilities and other liabilities in the Company’s accompanying condensed consolidated balance sheet.