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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Fair Value Measurements for Marketable Securities and Foreign Exchange Forward Contracts
The following provides information regarding fair value measurements for our marketable securities and foreign exchange forward contracts as of June 30, 2016 and December 31, 2015 according to the three-level fair value hierarchy:
 
 
Fair Value Measurements at
June 30, 2016 Using
(In thousands)
 
Balance
June 30,
2016
 
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Marketable securities:
 
 

 
 

 
 

 
 

U.S. government and agency obligations
 
$
10,221

 
$
—

 
$
10,221

 
$
—

Corporate debt securities and certificates of deposit
 
1,692

 
—

 
1,692

 
—

Asset backed securities
 
452

 
—

 
452

 
—

Equity security
 
52

 
52

 
—

 
—

Total marketable securities
 
$
12,417

 
$
52

 
$
12,365

 
$
—

 
 
 
 
 
 
 
 
 
Derivative instruments:
 
 

 
 

 
 

 
 

Foreign exchange forward contracts
 
$
—

 
$
—

 
$
—

 
$
—


 
 
Fair Value Measurements at
December 31, 2015 Using
(In thousands)
 
Balance December 31,
2015
 
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Marketable securities:
 
 

 
 

 
 

 
 

U.S. government and agency obligations
 
$
10,468

 
$
—

 
$
10,468

 
$
—

Corporate debt securities and certificates of deposit
 
2,113

 
—

 
2,113

 
—

Asset backed securities
 
699

 
—

 
699

 
—

Equity security
 
53

 
53

 
—

 
—

Total marketable securities
 
$
13,333

 
$
53

 
$
13,280

 
$
—

 
 
 
 
 
 
 
 
 
Derivative instruments-liabilities:
 
 

 
 

 
 

 
 

Foreign exchange forward contracts
 
$
78

 
$
—

 
$
78

 
$
—