v2.4.0.6
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2011
FAIR VALUE MEASUREMENTS  
Schedule of assets and liabilities measured at fair value on a recurring basis

 

 

 
  December 31, 2011  
 
  Quoted Market
Prices in Active
Markets for
Identical Assets
(Level 1)
  Significant
Other
Observable
Inputs
(Level 2)
  Significant
Unobservable
Inputs
(Level 3)
  Total
Fair Value
Measurements
 
 
  (In thousands)
 

Assets:

                         

Cash equivalents:

                         

Treasury and government agency money market funds

  $ 321,314   $   $   $ 321,314  

Commercial paper

        237,942         237,942  

Time deposits

        4,750         4,750  

Marketable securities:

                         

Corporate debt securities

        48,705         48,705  

States of the U.S. and state political subdivisions

        112,323         112,323  

Equity security

    4,667             4,667  

Long-term investments:

                         

Auction rate security

            5,870     5,870  

Marketable equity securities

    74,691             74,691  
                   

Total

  $ 400,672   $ 403,720   $ 5,870   $ 810,262  
                   

Liabilities:

                         

Contingent consideration arrangement

  $   $   $ (10,000 ) $ (10,000 )
                   

 

Schedule of changes in assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)

 

 

 
  For the Year Ended  
 
  December 31, 2011   December 31, 2010  
 
  Auction Rate
Securities
  Contingent
Consideration
Arrangement
  Auction Rate
Securities
 
 
  (In thousands)
 

Balance at January 1

  $ 13,100   $   $ 12,635  

Total net (losses) gains (realized and unrealized):

                   

Included in other comprehensive income

    (2,230 )       465  

Fair value at date of acquisition

        (40,000 )    

Settlements

    (5,000 )   30,000      
               

Balance at December 31

  $ 5,870   $ (10,000 ) $ 13,100