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Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2014
Cash Equivalents and Investments Classified as Available-for-sale Securities

Cash equivalents, and investments, all of which are classified as available-for-sale securities, consisted of the following (in thousands):

 

 

March 31, 2014

 

 

December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

 

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

Cost

 

 

Gain

 

 

(Loss)

 

 

Value

 

 

Cost

 

 

Gain

 

 

(Loss)

 

 

Value

 

Money market funds

$

25,344

 

 

$

 

 

$

 

 

$

25,344

 

 

$

57,296

 

 

$

 

 

$

 

 

$

57,296

 

Corporate notes and commercial paper

 

176,466

 

 

 

54

 

 

 

(42

)

 

 

176,478

 

 

 

182,426

 

 

 

62

 

 

 

(16

)

 

 

182,472

 

U.S. government agency securities

 

78,016

 

 

 

29

 

 

 

(14

)

 

 

78,031

 

 

 

75,278

 

 

 

23

 

 

 

(12

)

 

 

75,289

 

 

$

279,826

 

 

$

83

 

 

$

(56

)

 

$

279,853

 

 

$

315,000

 

 

$

85

 

 

$

(28

)

 

$

315,057

 

Classified as:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

$

37,151

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

113,794

 

Short-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

198,433

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

150,892

 

Long-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

44,269

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50,371

 

Total cash equivalents and investments

 

 

 

 

 

 

 

 

 

 

 

 

$

279,853

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

315,057