Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2013

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

Financial assets measured at fair value on a recurring basis as of June 30, 2013 are classified using the fair value hierarchy in the table below:

	Total		Level 1		Level 2
	(In thousands)
Assets
Cash equivalents:
Money market funds	$	316,623	$	316,623	$	—
Time deposits		153,657		—		153,657
Restricted cash:
Time deposits		10,004		—		10,004
Derivatives:
Foreign currency forward contracts		22,182		—		22,182
Investments:
Time deposits		859,035		—		859,035
Corporate debt securities		230,913		—		230,913
Total assets	$	1,592,414	$	316,623	$	1,275,791

Financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2012 are classified using the fair value hierarchy in the table below:

	Total		Level 1		Level 2
	(In thousands)
Assets
Cash equivalents:
Money market funds	$	677,523	$	677,523	$	—
Time deposits		89,084		—		89,084
Restricted cash:
Time deposits		9,855		—		9,855
Investments:
Time deposits		525,533		—		525,533
Corporate debt securities		245,477		—		245,477
Total assets	$	1,547,472	$	677,523	$	869,949
Liabilities
Derivatives:
Foreign currency forward contracts	$	3,290	$	—	$	3,290