CASH EQUIVALENTS AND INVESTMENTS (Tables)

9 Months Ended

Sep. 30, 2016

Investments, Debt and Equity Securities [Abstract]

The following table summarizes the Company’s available-for-sale securities as of the end of the third quarter of fiscal 2016.



	Third Quarter of Fiscal 2016
(Dollars in millions)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available-for-sale securities:
U.S. Treasury securities	$	11.7	$	—	$	—	$	11.7
Municipal debt securities	10.0		—		—		10.0
Corporate debt securities	15.8		—		—		15.8
Commercial paper	57.4		—		—		57.4
Total available-for-sale securities	$	94.9	$	—	$	—	$	94.9

Reported as:
Cash and cash equivalents	$	32.8	$	—	$	—	$	32.8
Short-term investments	62.1		—		—		62.1
Total	$	94.9	$	—	$	—	$	94.9

Investments Classified by Contractual Maturity Date

third quarter of fiscal 2016.



	Third Quarter of Fiscal 2016
(Dollars in millions)	Amortized Cost
Due in less than 1 year	$	65.0
Due in 1 to 5 years	19.9
Due in 5-10 years	2.0
Due after 10 years	8.0
Total	$	94.9

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details