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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis
The following table presents our assets and liabilities measured at fair value on a recurring basis using the above input categories (in thousands):
 
As of March 31, 2016
 
As of December 31, 2015
Description
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds
$
21,330

 
$

 
$

 
$
21,330

 
$
210,533

 
$

 
$

 
$
210,533

Total cash equivalents
21,330






21,330


210,533






210,533

Short-term investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Certificates of deposit

 
17,254

 

 
17,254

 

 
19,124

 

 
19,124

Corporate notes and bonds

 
443,250

 

 
443,250

 

 
447,267

 

 
447,267

U.S. Government agencies

 
285,523

 

 
285,523

 

 
301,384

 

 
301,384

Total short-term investments

 
746,027

 

 
746,027

 

 
767,775

 

 
767,775

Total assets measured at fair value
$
21,330

 
$
746,027

 
$

 
$
767,357

 
$
210,533

 
$
767,775

 
$

 
$
978,308

Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent earn-out
$

 
$

 
$
35,588

 
$
35,588

 
$

 
$

 
$

 
$

Total liabilities measured at fair value
$


$


$
35,588


$
35,588


$


$


$


$