Investments Held to Maturity

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements

Investments Held to Maturity

3.  Investments Held to Maturity

Our investments held to maturity at September 30, 2011 include $0.6 million of corporate notes and bonds with maturities of one year or less.  Our investments held to maturity at December 31, 2010 were comprised of $9.5 million in corporate notes and bonds with maturities of one year or less.  Investments at December 31, 2010 had moderate risk with S&P ratings ranging from AA+ to BBB-.  Investments at September 30, 2011 had ratings of BBB.    

The following summarizes the amortized cost and estimated fair value of our investments held to maturity:

	Amortized Cost(1)		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
	(in thousands)
Current Assets:
Investments held to maturity	$	572	$	-	$	-	$	572
Total	$	572	$	-	$	-	$	572

 ⁽¹⁾ We evaluate for other-than-temporary impairments on a quarterly basis.