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Marketable Investments (Tables)
3 Months Ended
Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract]  
Summary of Company's Marketable Investments

The following table summarizes the Company’s marketable investments (in thousands):

 

     As of March 31, 2015  
     Amortized
Cost
     Gross
Unrealized
Gains
     Gross
Unrealized
Losses
     Market
Value
 

Corporate obligations

   $ 60,792       $ 56       $   (16    $ 60,832   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

     As of December 31, 2014  
     Amortized
Cost
     Gross
Unrealized
Gains
     Gross
Unrealized
Losses
     Market
Value
 

Corporate obligations

   $ 55,005       $ 13       $ (133    $ 54,885   
  

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Maturity Periods of Marketable Securities

The following table summarizes the maturity periods of the marketable securities in the Company’s portfolio as of March 31, 2015 (in thousands).

 

     FY 2015      FY 2016      FY 2017      Thereafter      Total  

Corporate obligations

   $ 12,432       $ 24,575       $ 22,819       $ 1,006       $ 60,832   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Gross Unrealized Losses and Market Value of Available-for-Sale Securities with Unrealized Losses

The following table shows the gross unrealized losses and market value of Forrester’s available-for-sale securities with unrealized losses that are not deemed to be other-than-temporary, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position (in thousands):

 

     As of March 31, 2015  
     Less Than 12 Months      12 Months or Greater  
     Market
Value
     Unrealized
Losses
     Market
Value
     Unrealized
Losses
 

Corporate obligations

   $ 15,235       $ 12       $ 2,053       $ 4   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

     As of December 31, 2014  
     Less Than 12 Months      12 Months or Greater  
     Market
Value
     Unrealized
Losses
     Market
Value
     Unrealized
Losses
 

Corporate obligations

   $ 38,175       $ 133       $ —         $ —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Summary of Company's Fair Value Hierarchy for its Financial Assets

The following table represents the Company’s fair value hierarchy for its financial assets (cash equivalents and investments) measured at fair value on a recurring basis as of March 31, 2015 and December 31, 2014 (in thousands):

 

     As of March 31, 2015  
     Level 1      Level 2      Level 3      Total  

Money market funds (1)

   $ 845       $ —         $ —         $ 845   

Corporate obligations

     —           60,832         —           60,832   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

$    845    $ 60,832    $ —      $ 61,677   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

     As of December 31, 2014  
     Level 1      Level 2      Level 3      Total  

Money market funds (1)

   $ 1,794       $ —         $ —         $ 1,794   

Corporate obligations

     —           54,885         —           54,885   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

$ 1,794    $ 54,885    $ —      $ 56,679   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) Included in cash and cash equivalents.