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Financial Instruments (Tables)
6 Months Ended
Jun. 30, 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):

 

 

June 30, 2014

 

 

December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

 

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

Cost

 

 

Gain

 

 

(Loss)

 

 

Value

 

 

Cost

 

 

Gain

 

 

(Loss)

 

 

Value

 

Money market funds

$

6,692

 

 

$

 

 

$

 

 

$

6,692

 

 

$

57,296

 

 

$

 

 

$

 

 

$

57,296

 

Corporate notes and commercial paper

 

191,153

 

 

 

48

 

 

 

(43

)

 

 

191,158

 

 

 

182,426

 

 

 

62

 

 

 

(16

)

 

 

182,472

 

U.S. government agency securities

 

67,051

 

 

 

21

 

 

 

(4

)

 

 

67,068

 

 

 

75,278

 

 

 

23

 

 

 

(12

)

 

 

75,289

 

 

$

264,896

 

 

$

69

 

 

$

(47

)

 

$

264,918

 

 

$

315,000

 

 

$

85

 

 

$

(28

)

 

$

315,057

 

Classified as:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

$

36,059

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

113,794

 

Short-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

170,857

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

150,892

 

Long-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

58,002

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50,371

 

Total cash equivalents and investments

 

 

 

 

 

 

 

 

 

 

 

 

$

264,918

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

315,057