XML 51 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2014
Accounting Policies [Abstract]  
Available-for-sale Securities
Amortized cost and estimated fair market value of investments classified as available-for-sale at June 30, 2014, are as follows (in thousands):
 
Amortized
 
Gross Unrealized
 
Estimated Fair
 
 Cost
 
Gains
Losses
 
 Market Value
Investments due in less than 3 months:
 
 
 
 
 
 
       Commercial paper
$
500

 
$
—

$
—

 
$
500

       Total
$
500

 
$
—

$
—

 
$
500

 
 
 
 
 
 
 
Investments due in 4-12 months:
 
 
 
 
 
 
       Corporate securities
$
40,509

 
$
99

$
—

 
$
40,608

       Total
$
40,509

 
$
99

$
—

 
$
40,608

Investments due between 12 months and 5-years:
 
 
 
 
 
 
       Corporate securities
$
92,396

 
$
351

$
(1
)
 
$
92,746

       Total
$
92,396

 
$
351

$
(1
)
 
$
92,746

Total investment securities
$
133,405

 
$
450

$
(1
)
 
$
133,854



Amortized cost and estimated fair market value of investments classified as available-for-sale at December 31, 2013, are as follows (in thousands):    
 
Amortized
 
Gross Unrealized
 
Estimated Fair
 
 Cost
 
Gains
Losses
 
 Market Value
Investments due in less than 3 months:
 
 
 
 
 
 
       Commercial paper
$
3,098

 
$
1

$
—

 
$
3,099

       Total
$
3,098

 
$
1

$
—

 
$
3,099

 

 


 
 
Investments due in 4-12 months:

 


 
 
       Corporate securities
$
6,007

 
$
33

$
—

 
$
6,040

       Total
$
6,007

 
$
33

$
—

 
$
6,040

 

 


 
 
Investments due between 12 months and 5-years:

 


 
 
       Corporate securities
$
102,963

 
$
202

$
(26
)
 
$
103,139

       Total
$
102,963

 
$
202

$
(26
)
 
$
103,139

Total investment securities
$
112,068

 
$
236

$
(26
)
 
$
112,278
Schedule of Accounts Receivable
Accounts Receivable (in thousands):
 
 
June 30,
2014
 
December 31,
2013
Accounts receivable trade
$
51,407

 
$
42,410

Accrued ship and debit and rebate claims
(34,859
)
 
(29,901
)
Allowance for doubtful accounts
(105
)
 
(120
)
Total
$
16,443

 
$
12,389
Schedule of Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Current Assets (in thousands):
 
 
June 30,
2014
 
December 31,
2013
Prepaid legal fees
$
3,780

 
$
6,267

Prepaid income tax
3,746

 
7,521

Prepaid maintenance agreements
608

 
947

Interest receivable
694

 
519

Supplier prepayment
1,083

 
757

Other
3,679

 
2,621

Total
$
13,590

 
$
18,632
Changes in Accumulated Other Comprehensive Income (Loss)
Changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2014 and 2013 (in thousands):
 
Unrealized Gains and Losses on Available-for-Sale Securities
 
Defined Benefit Pension Items
 
Foreign Currency Items
 
Total
 
Six Months Ended
 
Six Months Ended
 
Six Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
June 30,
 
June 30,
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Beginning balance at December 31,
$
210

 
$
138

 
$
(780
)
 
$
(560
)
 
$
100

 
$
129

 
$
(470
)
 
$
(293
)
Other comprehensive income (loss) before reclassifications
239

 
(258
)
 
—

 
—

 
11

 
(164
)
 
250

 
(422
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
—

 
30

(1)
28

(1)
—

 
—

 
30

 
28

Net-current period other comprehensive income (loss)
239

 
(258
)
 
30

 
28

 
11

 
(164
)
 
280

 
(394
)
Ending balance at June 30,
$
449

 
$
(120
)
 
$
(750
)
 
$
(532
)
 
$
111

 
$
(35
)
 
$
(190
)
 
$
(687
)
____________________________
(1) This component of accumulated other comprehensive income is included in the computation of net periodic pension cost for the six months ended June 30, 2014 and 2013.
Changes in accumulated other comprehensive income (loss) for the three months ended June 30, 2014 and 2013 (in thousands):
 
Unrealized Gains and Losses on Available-for-Sale Securities
 
Defined Benefit Pension Items
 
Foreign Currency Items
 
Total
 
Three Months Ended
 
Three Months Ended
 
Three Months Ended
 
Three Months Ended
 
June 30,
 
June 30,
 
June 30,
 
June 30,
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Beginning balance at April 1,
$
357

 
$
84

 
$
(766
)
 
$
(546
)
 
$
94

 
$
(22
)
 
$
(315
)
 
$
(484
)
Other comprehensive income (loss) before reclassifications
92

 
(204
)
 
—

 
—

 
17

 
(13
)
 
109

 
(217
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
—

 
16

(1
)
14

(1
)
—

 
—

 
16

 
14

Net-current period other comprehensive income (loss)
92

 
(204
)
 
16

 
14

 
17

 
(13
)
 
125

 
(203
)
Ending balance at June 30,
$
449

 
$
(120
)
 
$
(750
)
 
$
(532
)
 
$
111

 
$
(35
)
 
$
(190
)
 
$
(687
)
____________________________
(1) This component of accumulated other comprehensive income is included in the computation of net periodic pension cost for the three months ended June 30, 2014 and 2013.