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Balance Sheet Information (Tables)
3 Months Ended
Mar. 31, 2014
Balance Sheet Information  
Schedule of available-for-sale securities and gains and losses in accumulated other comprehensive income (loss)

Total available-for-sale securities and gains and losses in accumulated other comprehensive income (loss) consist of the following (in thousands):

 

 

 

March 31, 2014

 

 

 

Amortized
Cost

 

Gains in
Accumulated
Other
Comprehensive
Income

 

Losses in
Accumulated
Other
Comprehensive
Income

 

Estimated Fair
Value

 

U.S. treasuries

 

$

130,889

 

$

25

 

$

 

$

130,914

 

Corporate debt

 

73,410

 

76

 

(13

)

73,473

 

Government agency securities

 

59,004

 

11

 

 

59,015

 

Commercial paper

 

4,000

 

 

 

4,000

 

Total available-for-sale securities

 

$

267,303

 

$

112

 

$

(13

)

$

267,402

 

 

 

 

December 31, 2013

 

 

 

Amortized
Cost

 

Gains in
Accumulated
Other
Comprehensive
Income

 

Losses in
Accumulated
Other
Comprehensive
Income

 

Estimated Fair
Value

 

U.S. treasuries

 

$

130,956

 

$

22

 

$

(1

)

$

130,977

 

Corporate debt

 

77,582

 

55

 

(36

)

77,601

 

Government agency securities

 

61,004

 

9

 

 

61,013

 

Commercial paper

 

11,947

 

 

 

11,947

 

Total available-for-sale securities

 

$

281,489

 

$

86

 

$

(37

)

$

281,538

 

 

Summary of fair value of short-term investments that have been in an unrealized loss position for less than 12 months

The table below shows the fair value of short-term investments that have been in an unrealized loss position for less than 12 months (in thousands):

 

 

 

March 31, 2014

 

 

 

Less than 12 months

 

Total

 

 

 

Estimated
Fair Value

 

Gross Unrealized
Losses

 

Estimated Fair
Value

 

Gross Unrealized
Losses

 

Corporate debt

 

$

25,916

 

$

(13

)

$

25,916

 

$

(13

)

Total

 

$

25,916

 

$

(13

)

$

25,916

 

$

(13

)

 

 

 

December 31, 2013

 

 

 

Less than 12 months

 

Total

 

 

 

Estimated
Fair Value

 

Gross Unrealized
Losses

 

Estimated Fair
Value

 

Gross Unrealized
Losses

 

Corporate debt

 

$

37,654

 

$

(36

)

$

37,654

 

$

(36

)

U. S. treasuries

 

29,068

 

(1

)

29,068

 

(1

)

Total

 

$

66,722

 

$

(37

)

$

66,722

 

$

(37

)

 

Schedule of contractual maturities of available-for-sale debt securities

Contractual maturities of available-for-sale debt securities are as follows (in thousands):

 

 

 

March 31, 2014

 

 

 

Estimated Fair Value

 

Due in one year or less

 

$

207,913

 

Due in 1–2 years

 

47,621

 

Due in 2–3 years

 

11,868

 

Total available-for-sale securities

 

$

267,402

 

 

Schedule of inventories

Inventories are stated at the lower of cost (principally first-in, first-out) or market. Inventories consist of (in thousands):

 

 

 

March 31,

 

December 31,

 

 

 

2014

 

2013

 

Materials

 

$

27,486

 

$

34,301

 

Work in process

 

16,827

 

12,900

 

Finished goods

 

7,760

 

12,525

 

 

 

$

52,073

 

$

59,726

 

 

Schedule of changes in warranty liability

Changes in our warranty liability during the period are as follows (in thousands):

 

 

 

March 31,

 

 

 

2014

 

2013

 

Balance as of the beginning of period

 

$

5,662

 

$

4,942

 

Warranties issued during the period

 

643

 

478

 

Settlements made during the period

 

(1,195

)

(1,341

)

Changes in estimate during the period

 

 

 

Balance as of the end of period

 

$

5,110

 

$

4,079

 

 

Schedule of the components of accumulated other comprehensive income

The components of accumulated other comprehensive income are (in thousands):

 

As of March 31, 2014

 

Gross

 

Taxes

 

Net

 

Translation adjustments

 

$

5,851

 

$

(392

)

$

5,459

 

Minimum pension liability

 

(1,160

)

424

 

(736

)

Unrealized gain on available-for-sale securities

 

99

 

(18

)

81

 

Accumulated other comprehensive income

 

$

4,790

 

$

14

 

$

4,804

 

 

As of December 31, 2013

 

Gross

 

Taxes

 

Net

 

Translation adjustments

 

$

5,718

 

$

(392

)

$

5,326

 

Minimum pension liability

 

(1,160

)

424

 

(736

)

Unrealized gain on available-for-sale securities

 

49

 

(18

)

31

 

Accumulated other comprehensive income

 

$

4,607

 

$

14

 

$

4,621