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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Assets And Liabilities Measured At Fair Value On A Recurring Basis
Assets and Liabilities Measured at Fair Value on a Recurring Basis
 
As of March 31, 2014
 
Quoted
Prices In
Active Markets
for Identical
Assets (Level 1)
 
Significant
Other
Observable
Inputs (Level 2)
 
Significant
Unobservable
Inputs (Level 3)
 
(in thousands)
Assets:
 
 
 
 
 
 
 
Cash and cash equivalents:
 
 
 
 
 
 
 
Cash
$
290,579

 
$
290,579

 
$
—

 
$
—

Money market funds
5,942

 
5,942

 
—

 
—

Corporate securities
1,998

 
—

 
1,998

 
—

Available-for-sale securities:
 
 
 
 
 
 
 
Agency securities
638,334

 
—

 
638,334

 
—

Corporate securities
701,826

 
—

 
691,435

 
10,391

Municipal securities
57,122

 
—

 
57,122

 
—

Government securities
132,307

 
—

 
132,307

 
—

Prepaid expenses and other current assets:
 
 
 
 
 
 
 
Foreign currency derivatives
4,155

 
—

 
4,155

 
—

Total assets
$
1,832,263

 
$
296,521

 
$
1,525,351

 
$
10,391

Accrued expenses and other current liabilities:
 
 
 
 
 
 
 
Foreign currency derivatives
1,582

 
—

 
1,582

 
—

Total liabilities
$
1,582

 
$
—

 
$
1,582

 
$
—


 
As of December 31, 2013
 
Quoted
Prices In
Active Markets
for Identical
Assets (Level 1)
 
Significant
Other
Observable
Inputs (Level 2)
 
Significant
Unobservable
Inputs (Level 3)
 
(in thousands)
Assets:
 
 
 
 
 
 
 
Cash and cash equivalents:
 
 
 
 
 
 
 
Cash
$
227,528

 
$
227,528

 
$
—

 
$
—

Money market funds
52,823

 
52,823

 
—

 
—

Corporate securities
389

 
—

 
389

 
—

Available-for-sale securities:
 
 
 
 
 
 
 
Agency securities
454,750

 
—

 
454,750

 
—

Corporate securities
644,091

 
—

 
633,801

 
10,291

Municipal securities
53,756

 
—

 
53,756

 
—

Government securities
157,079

 
—

 
157,079

 
—

Prepaid expenses and other current assets:
 
 
 
 
 
 
 
Foreign currency derivatives
4,952

 
—

 
4,952

 
—

Total assets
$
1,595,368

 
$
280,351

 
$
1,304,727

 
$
10,291

Accrued expenses and other current liabilities:
 
 
 
 
 
 
 
Foreign currency derivatives
1,743

 
—

 
1,743

 
—

Total liabilities
$
1,743

 
$
—

 
$
1,743

 
$
—

Assets Measured At Fair Value On A Recurring Basis Using Significant Unobservable Inputs
 
Corporate Securities
 
(in thousands)
Balance at December 31, 2013
$
10,291

Purchases of Level 3 securities
100

Balance at March 31, 2014
$
10,391