Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2016

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2016 are classified using the fair value hierarchy in the table below:

	Total		Level 1		Level 2
	(In thousands)
Assets
Cash equivalents:
Money market funds	$	176,403	$	176,403	$	—
Time deposits		400,479		—		400,479
Investments:
Time deposits		22,977		—		22,977
Corporate debt securities		75,800		—		75,800
Total assets	$	675,659	$	176,403	$	499,256
Liabilities
Derivatives:
Foreign currency forward contracts	$	18,760	$	—	$	18,760

Financial assets measured at fair value on a recurring basis as of December 31, 2015 are classified using the fair value hierarchy in the table below:

	Total		Level 1		Level 2
	(In thousands)
Assets
Cash equivalents:
Money market funds	$	218,340	$	218,340	$	—
Time deposits		29,126		—		29,126
Derivatives:		—
Foreign currency forward contracts		8,045		—		8,045
Investments:
Corporate debt securities		98,403		—		98,403
Total assets	$	353,914	$	218,340	$	135,574