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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value Measurements  
Schedule of financial instruments measured at fair value on recurring basis

 

 

 
  Actively Quoted
Markets for
Identical
Assets
Level 1
  Significant
Other
Observable
Inputs
Level 2
  Significant
Unobservable
Inputs
Level 3
  Balance at
December 31,
2012
 
 
  (In thousands)
 

As of December 31, 2012:

                         

Assets

                         

Money market deposits

  $ 7,403   $   $   $ 7,403  

U.S. Treasury securities

    1,276             1,276  

Debt securities of U.S. government-sponsored agencies

        761         761  

Commercial paper

        33,888         33,888  

Corporate debt securities

        52,102         52,102  
                   

Total

  $ 8,679   $ 86,751   $   $ 95,430  
                   

 

 
  Actively Quoted
Markets for
Identical
Assets
Level 1
  Significant
Other
Observable
Inputs
Level 2
  Significant
Unobservable
Inputs
Level 3
  Balance at
December 31,
2011
 
 
  (In thousands)
 

As of December 31, 2011:

                         

Assets

                         

Money market deposits

  $ 7,377   $   $   $ 7,377  

Debt securities of U.S. government-sponsored agencies

        19,350         19,350  

Commercial paper

        19,999         19,999  

Corporate debt securities

        29,005         29,005  
                   

Total

  $ 7,377   $ 68,354   $   $ 75,731  
                   
Summary of available-for-sale marketable securities

 

 

 
  December 31, 2012  
 
  Amortized
Cost
  Unrealized
Gains
  Unrealized
Losses
  Estimated
Fair Value
 
 
  (In thousands)
 

U.S. Treasury securities

  $ 1,275   $ 1   $   $ 1,276  

Debt securities of U.S. government-sponsored entities

    761             761  

Commercial paper

    28,854     35         28,889  

Corporate debt securities

    50,155     2     (23 )   50,134  
                   

Total

  $ 81,045   $ 38   $ (23 ) $ 81,060  
                   

 

 
  December 31, 2011  
 
  Amortized
Cost
  Unrealized
Gains
  Unrealized
Losses
  Estimated
Fair Value
 
 
  (In thousands)
 

Debt securities of U.S. government-sponsored entities

  $ 19,351   $ 2   $ (2 ) $ 19,351  

Commercial paper

    19,232     17         19,249  

Corporate debt securities

    29,052     5     (52 )   29,005  
                   

Total

  $ 67,635   $ 24   $ (54 ) $ 67,605  
                   
Schedule of the breakdown of available-for-sale marketable securities with unrealized losses

 

 

 
  In a Loss Position for
Less Than 12 Months
 
As of December 31, 2012:
  Gross
Unrealized
Losses
  Estimated
Fair Value
 
 
  (In thousands)
 

Corporate debt securities

  $ (23 ) $ 40,499  
           

Total

  $ (23 ) $ 40,499