Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of Disclosure About Significant Unobservable Inputs

Valuation Technique	Unobservable Input	Range (Weighted Average)
Market comparable companies	Enterprise value/Revenue multiple	2.4x – 6.6x (4.9x)
	Discount applied to multiples	26% - 35% (27%)

Venture capital method	Enterprise value/EBITDA multiple	5.0x
	Discount applied to enterprise value	55%

Unobservable Inputs — December 31, 2013

Valuation Technique	Unobservable Input	Range (Weighted Average)
Market comparable companies	Enterprise value/Revenue multiple	2.7x – 7.0x (5.5x)
	Discount applied to multiples	30% - 35% (30%)

Venture capital method	Enterprise value/EBITDA multiple	5.0x
	Discount applied to enterprise value	55%

Schedule of changes in the company's Level 3 financial instruments

(In thousands of dollars)	Balance at December 31, 2013		Total gains or (losses) (realized and unrealized)		Purchases		Sales		Settlements		Transfers in and/or out of Level 3		Balance at March 31, 2014		Changes in unrealized gains/(losses) on Level 3 assets still held at the reporting date
Investments	$	18,889	$	587	$	—	$	—	$	—	$	—	$	19,476	$	587

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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