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Fair Value Measurement of Assets and Liabilities (Tables) | 3 Months Ended
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Mar. 31, 2015
Fair Value Measurement of Assets and Liabilities [Abstract] |
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis |
|  |  |  | Quoted Prices in |  |  |  |  |  | Quoted Prices in |  |
|  | Balances as of |  | active markets for |  | Significant other |  | Balances as of |  | active markets for |  | Significant other
|  | March 31, |  | identical Assets |  | observable inputs |  | December 31, |  | identical Assets |  | observable inputs
Description |  | 2015 |  | (Level 1) |  | (Level 2) |  | 2014 |  | (Level 1) |  | (Level 2)
|  | (In thousands)
Assets |  |  |  |  |  |  |  |  |  |  |  |
Cash and Cash Equivalents: |  |  |  |  |  |  |  |  |  |  |  |
Money Market Funds |  | $ 35,520 |  | $ 35,520 |  | $ — |  | $ 37,495 |  | $ 37,495 |  | $ —
Corporate Debt Securities |  | 13,491 |  | — |  | 13,491 |  | 13,004 |  | 108 |  | 12,896
Investments: |  |  |  |  |  |  |  |  |  |  |  |
Sovereign Debt Securities |  | 44,101 |  | 40,606 |  | 3,495 |  | 49,150 |  | 49,150 |  | —
Corporate Debt Securities |  | 227,031 |  | 126,985 |  | 100,046 |  | 238,643 |  | 59,919 |  | 178,724
Certifcates of deposits |  | 11,316 |  | — |  | 11,316 |  | 7,807 |  | — |  | 7,807
Total Financial Assets |  | $ 331,459 |  | $ 203,111 |  | $ 128,348 |  | $ 346,099 |  | $ 146,672 |  | $ 199,427
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Contingent considerations |  | $ 4,875 |  | $ — |  | $ 4,875 |  | $ 4,833 |  | $ — |  | $ 4,833
Total Financial Liabilities |  | $ 4,875 |  | $ — |  | $ 4,875 |  | $ 4,833 |  | $ — |  | $ 4,833
Fair Value of Financial Assets and Liabilities Measured at Amortized Cost |
|  | Balances as of |  | Significant other |  | Balances as of |  | Significant other
|  | March 31, |  | observable inputs |  | December 31, |  | observable inputs
|  | 2015 |  | (Level 2) |  | 2014 |  | (Level 2)
|  | (In thousands)
Assets |  |  |  |  |  |  |  |
Time Deposits |  | $ 55,756 |  | $ 55,756 |  | $ 58,475 |  | $ 58,475
Accounts receivable |  | 54,054 |  | 54,054 |  | 46,672 |  | 46,672
Credit Cards receivable |  | 133,644 |  | 133,644 |  | 85,162 |  | 85,162
Prepaid expenses |  | 6,433 |  | 6,433 |  | 3,458 |  | 3,458
Other assets |  | 35,318 |  | 35,318 |  | 37,718 |  | 37,718
Total Assets |  | $ 285,205 |  | $ 285,205 |  | $ 231,485 |  | $ 231,485
Liabilities |  |  |  |  |  |  |  |
Accounts and funds payable |  | $ 58,160 |  | $ 58,160 |  | $ 58,006 |  | $ 58,006
Funds payable to customers |  | 193,188 |  | 193,188 |  | 165,034 |  | 165,034
Salaries and social security payable |  | 23,755 |  | 23,755 |  | 18,835 |  | 18,835
Tax payable |  | 23,733 |  | 23,733 |  | 26,013 |  | 26,013
Dividends payable |  | 4,548 |  | 4,548 |  | 7,330 |  | 7,330
Loans payable and other financial liabilities |  | 287,745 |  | 287,745 |  | 283,826 |  | 283,826
Other liabilities |  | 4,564 |  | 4,564 |  | 5,524 |  | 5,524
Total Liabilities |  | $ 595,693 |  | $ 595,693 |  | $ 564,568 |  | $ 564,568
Fair Value of Money Market Funds, Short and Long-Term Investments Classified as Available for Sale Securities |
|  | March 31, 2015
|  | (In thousands)
|  | Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses (1) |  | Estimated Fair Value
Cash and cash equivalents |  |  |  |  |  |  |  |
Money Market Funds |  | $ 35,543 |  | $ 5 |  | $ (28) |  | $ 35,520
Corporate Debt Securities |  | 13,495 |  | — |  | (4) |  | 13,491
Total Cash and cash equivalents |  | $ 49,038 |  | $ 5 |  | $ (32) |  | $ 49,011
Short-term investments |  |  |  |  |  |  |  |
Sovereign Debt Securities |  | $ 651 |  | $ — |  | $ (1) |  | $ 650
Corporate Debt Securities |  | 83,884 |  | 9 |  | (59) |  | 83,834
Certificates of deposits |  | 7,811 |  | 3 |  | (2) |  | 7,812
Total Short-term investments |  | $ 92,346 |  | $ 12 |  | $ (62) |  | $ 92,296
Long-term investments |  |  |  |  |  |  |  |
Sovereign Debt Securities |  | $ 43,339 |  | $ 115 |  | $ (3) |  | $ 43,451
Corporate Debt Securities |  | 142,837 |  | 408 |  | (48) |  | 143,197
Certificates of deposits |  | 3,503 |  | 1 |  | — |  | 3,504
Total Long-term investments |  | $ 189,679 |  | $ 524 |  | $ (51) |  | $ 190,152
Total |  | $ 331,063 |  | $ 541 |  | $ (145) |  | $ 331,459
|  | December 31, 2014
|  | (In thousands)
|  | Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses (1) |  | Estimated Fair Value
Cash and cash equivalents |  |  |  |  |  |  |  |
Money Market Funds |  | $ 37,531 |  | $ 2 |  | $ (38) |  | $ 37,495
Corporate Debt Securities |  | 13,009 |  | — |  | (5) |  | 13,004
Total Cash and cash equivalents |  | $ 50,540 |  | $ 2 |  | $ (43) |  | $ 50,499
Short-term investments |  |  |  |  |  |  |  |
Sovereign Debt Securities |  | $ 4,726 |  | $ — |  | $ (4) |  | $ 4,722
Corporate Debt Securities |  | 81,886 |  | — |  | (75) |  | 81,811
Certificates of deposit |  | 3,802 |  | 1 |  | (1) |  | 3,802
Total Short-term investments |  | $ 90,414 |  | $ 1 |  | $ (80) |  | $ 90,335
Long-term investments |  |  |  |  |  |  |  |
Sovereign Debt Securities |  | $ 44,511 |  | $ — |  | $ (83) |  | $ 44,428
Corporate Debt Securities |  | 157,205 |  | 22 |  | (395) |  | 156,832
Certificates of deposit |  | 4,007 |  | — |  | (2) |  | 4,005
Total Long-term investments |  | $ 205,723 |  | $ 22 |  | $ (480) |  | $ 205,265
Total |  | $ 346,677 |  | $ 25 |  | $ (603) |  | $ 346,099
| (1) |  | Unrealized losses from securities are primarily attributable to market price movements. Management does not believe any remaining unrealized losses represent other-than-temporary impairments based on the evaluation of available evidence including the credit rating of the investments, as of March 3 1, 201 5 and December 31, 2014.
Estimated Fair Values of Money Market Funds, Short-Term and Long-Term Investments |
One year or less |  | 141,307
One year to two years |  | 120,358
Two years to three years |  | 42,660
Three years to four years |  | 15,147
Four years to five years |  | 11,987
More than five years |  | —
Total |  | $ 331,459

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- 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27337-111563 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27198-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 + Details
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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