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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]  
Summary of Financial Instruments

The following table presents the financial instruments that are not carried at fair value but which require fair value disclosure as December 31, 2014 and 2015:

 

December 31, 2014

 

 

December 31, 2015

 

 

Carrying

 

 

Fair

 

 

Carrying

 

 

Fair

 

 

Amount

 

 

Value

 

 

Amount

 

 

Value

 

 

(In thousands)

 

Cash, cash equivalents and restricted cash

$

77,975

 

 

$

77,975

 

 

$

100,981

 

 

$

100,981

 

Noncontrolling interest in CompX common stock

 

14,428

 

 

 

19,936

 

 

 

15,301

 

 

 

18,878

 

 

Level 1  
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]  
Valuation of Marketable Securities

The following table summarizes the valuation of our marketable securities on a fair value basis as of December 31, 2014 and 2015:

 

Fair value measurements

 

 

Total

 

 

Quoted prices

in active

markets

(Level 1)

 

 

Significant

other

observable

inputs

(Level 2)

 

 

Significant

unobservable

inputs

(Level 3)

 

 

(In thousands)

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketable securities

$

92,131

 

 

$

92,131

 

 

$

-

 

 

$

-

 

December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketable securities

$

19,260

 

 

$

19,260

 

 

$

-

 

 

$

-