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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract]  
Fair value of marketable securities and investments
The fair-value hierarchy of the Company's marketable securities at June 30, 2014, and December 31, 2013, was as follows (in thousands):
 
Fair Value Measurement at
 
 
June 30, 2014
 
Description
June 30, 2014
 
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Commercial paper
$
500

 
$

 
$
500

 
Money market funds
17,554

 
17,554

 

 
Corporate securities
133,354

 

 
133,354

 
     Total
$
151,408

 
$
17,554

 
$
133,854

 

 
Fair Value Measurement at
 
 
December 31, 2013
 
Description
December 31, 2013
 
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Commercial paper
$
3,099

 
$

 
$
3,099

 
Money market funds
17,492

 
17,492

 

 
Corporate securities
109,179

 

 
109,179

 
     Total
$
129,770

 
$
17,492

 
$
112,278