OTHER INCOME, NET:

3 Months Ended

Mar. 31, 2015

OTHER INCOME, NET:

OTHER INCOME (LOSS), NET:

NOTE 11 — OTHER INCOME (LOSS), NET:

Other income (loss), net, is summarized in the following table:

	Three Months Ended  March 31,
	2015			2014
	(In thousands)
Interest income and gain on sale of investments, net	$	663		$	333
Impairment loss on equity investment in a private company	(3,189		)	—
Foreign exchange gain (loss)	57			(99		)
Total other income (loss), net	$	(2,469	)	$	234

As of March 31, 2015, the Company held investments in three privately-held companies.   On April 27, 2015, the Company was informed that one of the privately-held companies intends to discontinue its operations.  As a result, the Company concluded that its investment of $3.2 million in this privately-held company was impaired and the impairment of this investment was other than temporary. The impairment loss was included in other loss, net for the three months ended March 31, 2015.