v3.6.0.2

FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present the Company's financial instruments that are measured at fair value on a recurring basis:

	December 31, 2016
	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:
Money market funds	$	667,662			$	—			$	—			$	667,662
Time deposits	—				79,000				—				79,000
Treasury discount notes	24,991				—				—				24,991
Commercial paper	—				123,640				—				123,640
Marketable securities:
Commercial paper	—				49,797				—				49,797
Treasury discount notes	34,974				—				—				34,974
Corporate debt securities	—				4,571				—				4,571
Total	$	727,627			$	257,008			$	—			$	984,635
Liabilities:
Contingent consideration arrangements	$	—			$	—			$	(33,871	)		$	(33,871	)

	December 31, 2015
	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:
Money market funds	$	601,848			$	—			$	—			$	601,848
Time deposits	—				125,038				—				125,038
Commercial paper	—				302,418				—				302,418
Marketable securities:
Corporate debt securities	—				27,578				—				27,578
Equity security	11,622				—				—				11,622
Long-term investments:
Auction rate security	—				—				4,050				4,050
Marketable equity security	7,542				—				—				7,542
Total	$	621,012			$	455,034			$	4,050			$	1,080,096
Liabilities:
Contingent consideration arrangements	$	—			$	—			$	(33,873	)		$	(33,873	)

Schedule of Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the changes in the Company's financial instruments that are measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

	For the Year Ended
	December 31, 2016								December 31, 2015
	Auction Rate Security				Contingent Consideration Arrangements				Auction Rate Security				Contingent Consideration Arrangements
	(In thousands)
Balance at January 1	$	4,050			$	(33,873	)		$	6,070			$	(30,140	)
Total net gains (losses):
Included in earnings:
Fair value adjustments	—				(2,555		)		—				15,461
Foreign currency exchange gains	—				—				—				626
Included in other comprehensive income (loss)	5,950				(1,571		)		(2,020		)		1,872
Fair value at date of acquisition	—				(185		)		—				(27,442		)
Settlements	—				2,180				—				5,750
Proceeds from sale	(10,000		)		—				—				—
Other	—				2,133				—				—
Balance at December 31	$	—			$	(33,871	)		$	4,050			$	(33,873	)

Carrying Value and Fair Value of Financial Instruments

The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes:

	December 31, 2016								December 31, 2015
	Carrying Value				Fair Value				Carrying Value				Fair Value
	(In thousands)
Current portion of long-term debt	$	(20,000	)		$	(20,311	)		$	(40,000	)		$	(39,850	)
Long-term debt, net of current portion	(1,582,484		)		(1,657,861		)		(1,726,954		)		(1,761,601		)

X

- Definition

Tabular disclosure of the fair value measurement of assets and liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income, and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset or liability.

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- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13476-108611

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)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13467-108611

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-Name Accounting Standards Codification
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-Section 45
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

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-Publisher FASB
-Name Accounting Standards Codification
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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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=66048111&loc=d3e19190-110258

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