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Cash and Cash Equivalents and Marketable Securities
3 Months Ended
Mar. 31, 2013
Cash and Cash Equivalents and Marketable Securities [Abstract]  
Cash and Cash Equivalents and Marketable Securities
Note 2. Cash and Cash Equivalents and Marketable Securities

The Company considers all highly liquid investments, with an original maturity of three months or less at the time of purchase, to be cash equivalents. Investments in debt securities are accounted for as "available-for-sale" securities, carried at fair value with unrealized gains and losses reported in other comprehensive loss, held for use in current operations and classified in current assets as "Marketable investments."

The following tables summarize unrealized gains and losses related to our marketable investments, designated as available-for-sale (in thousands):

March 31, 2013
Amortized Cost
Gross Unrealized Gains
Gross Unrealized Losses
Fair Market Value
Cash and cash equivalents:
 
 
 
 
 
 
 
 
Cash
$
1,740
$
$
$
1,740
Money market funds
 
12,333
 
 
 
 
 
 
12,333
 
Commercial paper
3,199
3,199
Total cash and cash equivalents
17,272
17,272
Marketable securities:
U.S. government notes
4,001
5
4,006
U.S. government agencies
32,249
44
(1
)
32,292
Municipal securities
5,467
17
(2
)
5,482
Commercial paper
 
 
10,958
 
 
 
7
 
 
 
(1
)
 
 
10,964
 
Corporate debt securities
18,011
70
(4
)
18,077
Total marketable investments
70,686
143
(8
)
70,821
Total cash, cash equivalents and marketable investments
$
87,958
$
143
$
(8
)
$
88,093


December 31, 2012
Amortized Cost
Gross Unrealized Gains
Gross Unrealized Losses
Fair Market Value
Cash and cash equivalents:
 
 
 
 
 
 
 
 
Cash
$
2,198
$
$
$
2,198
Money market funds
 
17,438
 
 
 
 
 
 
17,348
 
Commercial paper
4,000
4,000
Total cash and cash equivalents
23,546
23,546
Marketable securities:
U.S. government notes
4,005
4
4,009
U.S. government agencies
24,910
48
24,958
Municipal securities
4,184
23
(1
)
4,206
Commercial paper
 
 
10,515
 
 
 
4
 
 
 
 
 
10,519
 
Corporate debt securities
18,281
59
(6
)
18,334
Total marketable investments
61,895
138
(7
)
62,026
Total cash, cash equivalents and marketable investments
$
85,441
$
138
$
(7
)
$
85,572

As of March 31, 2013 and December 31, 2012, the total gross unrealized losses were $7,000 and were related to short-term marketable investments. No securities were in unrealized loss positions for more than 12 months.
 
The following table summarizes the estimated fair value of our securities available-for-sale and classified as cash and cash equivalents and marketable investments classified by the contractual maturity date of the security as of March 31, 2013 (in thousands):

Amount
Due in less than one year
$
39,455
Due in 1 to 3 years
34,565
Due in 3 to 10 years
Due in greater than 10 years
$
74,020