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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2014
Available-for-sale Securities [Abstract]  
Cash equivalents and marketable securities classified as available-for-sale
Total cash, cash equivalents and marketable securities are summarized as follows:
 
As of December 31, 2014
(Dollars in thousands)
Fair Value
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Weighted Rate of Return
Money market funds
$
124,938

 
$
124,938

 
$

 
$

 
0.01
%
Corporate notes, bonds and commercial paper
145,983

 
146,096

 
1

 
(114)

 
0.25
%
Total cash equivalents and marketable securities
270,921

 
271,034

 
1

 
(114)

 
 
Cash
29,188

 
29,188

 

 

 
 
Total cash, cash equivalents and marketable securities
$
300,109

 
$
300,222

 
$
1

 
$
(114
)
 
 
 
As of December 31, 2013
(Dollars in thousands)
Fair Value
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Weighted Rate of Return
Money market funds
$
300,605

 
$
300,605

 
$

 
$

 
0.01
%
Corporate notes, bonds and commercial paper
58,492

 
58,507

 

 
(15
)
 
0.15
%
Total cash equivalents and marketable securities
359,097

 
359,112

 

 
(15
)
 
 
Cash
28,565

 
28,565

 

 

 
 
Total cash, cash equivalents and marketable securities
$
387,662

 
$
387,677

 
$

 
$
(15
)
 
 
Available-for-sale securities reported at fair value
Available-for-sale securities are reported at fair value on the balance sheets and classified as follows:
 
As of
 
December 31,
2014
 
December 31,
2013
 
(Dollars in thousands)
Cash equivalents
$
124,938

 
$
310,131

Short term marketable securities
145,983

 
48,966

Total cash equivalents and marketable securities
270,921

 
359,097

Cash
29,188

 
28,565

Total cash, cash equivalents and marketable securities
$
300,109

 
$
387,662

Estimated fair value of cash equivalents and marketable securities classified by date of contractual maturity and the length of time that the securities have been in a continuous unrealized loss position
The estimated fair value of cash equivalents and marketable securities classified by the length of time that the securities have been in a continuous unrealized loss position at December 31, 2014 and 2013 are as follows:
 
Fair Value
 
Gross Unrealized Loss
 
December 31,
2014
 
December 31,
2013
 
December 31,
2014
 
December 31,
2013
 
(In thousands)
Less than one year
 
 
 
 
 
 
 
Corporate notes, bonds and commercial paper
$
139,989

 
$
53,491

 
$
(114
)
 
$
(15
)