Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measures (Tables)

v2.4.0.8
Fair Value Measures (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Assets And Liabilities Measured At Fair Value On A Recurring Basis
Assets and liabilities measured at fair value on a recurring basis at March 31, 2014 are as follows (in thousands):
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Cash equivalents
 
 
 
 
 
 
 
Money market funds
$
269,786

 
$

 
$

 
$
269,786

Time deposits
25,129

 
14,088

 

 
39,217

Reverse repurchase agreements

 
55,000

 

 
55,000

Available-for-sale short-term investments (1)
 
 
 
 
 
 
 
Short-term municipal bond fund
15,028

 

 

 
15,028

Certificates of deposit

 
9,795

 

 
9,795

U.S. Government-backed municipal bonds

 
14,185

 

 
14,185

Other short-term investments
 
 
 
 
 
 
 
Mutual fund shares
529

 

 

 
529

Other current assets
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)

 
2,703

 

 
2,703

Other non-current assets
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)

 
128

 

 
128

Mutual fund shares
5,390

 

 

 
5,390

Total assets measured at fair value
$
315,862

 
$
95,899

 
$

 
$
411,761

Liabilities:
 
 
 
 
 
 
 
Accrued liabilities
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)
$

 
$
1,017

 
$

 
$
1,017

Other long-term liabilities
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)

 
33

 

 
33

Total liabilities measured at fair value
$

 
$
1,050

 
$

 
$
1,050


Assets and liabilities measured at fair value on a recurring basis at December 31, 2013 are as follows (in thousands):
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Cash equivalents
 
 
 
 
 
 
 
Money market funds
$
175,624

 
$

 
$

 
$
175,624

Time deposits
25,111

 
9,526

 

 
34,637

Certificates of deposit

 
735

 

 
735

Reverse repurchase agreements

 
45,000

 

 
45,000

U.S. Government-backed municipal bonds

 
9,898

 

 
9,898

Available-for-sale short-term investments (1)
 
 
 
 
 
 
 
Short-term municipal bond fund
15,004

 

 

 
15,004

Certificates of deposit

 
9,546

 

 
9,546

Variable-rate demand notes

 
52,105

 

 
52,105

U.S. Government-backed municipal bonds

 
14,764

 

 
14,764

Other short-term investments
 
 
 
 
 
 
 
Mutual fund shares
336

 

 

 
336

Other current assets
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)

 
4,892

 

 
4,892

Non-current assets
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)

 
24

 

 
24

Mutual fund shares
4,855

 

 

 
4,855

Total assets measured at fair value
$
220,930

 
$
146,490

 
$

 
$
367,420

Liabilities:
 
 
 
 
 
 
 
Accrued liabilities
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)
$

 
$
1,152

 
$

 
$
1,152

Other long-term liabilities
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)

 
95

 

 
95

Total liabilities measured at fair value
$

 
$
1,247

 
$

 
$
1,247

Assets and liabilities measured at fair value on a recurring basis at March 31, 2013 are as follows (in thousands):
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Cash equivalents
 
 
 
 
 
 
 
Money market funds
$
130,794

 
$

 
$

 
$
130,794

Time deposits
25,054

 
1,800

 

 
26,854

U.S. Government-backed repurchase agreements

 
50,000

 

 
50,000

Available-for-sale short-term investments (1)
 
 
 
 
 
 
 
Certificates of deposit

 
7,599

 

 
7,599

Variable-rate demand notes

 
31,500

 

 
31,500

U.S. Government-backed municipal bonds

 
31,889

 

 
31,889

Other current assets
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)

 
5,065

 

 
5,065

Other non-current assets
 
 
 
 
 
 
 
Mutual fund shares
4,513

 

 

 
4,513

Total assets measured at fair value
$
160,361

 
$
127,853

 
$

 
$
288,214

Liabilities:
 
 
 
 
 
 
 
Accrued liabilities
 
 
 
 
 
 
 
Derivative financial instruments (Note 11)
$

 
$
803

 
$

 
$
803

Total liabilities measured at fair value
$

 
$
803

 
$

 
$
803

 
(1) 
Investments have remaining maturities greater than three months but less than two years and are available for use in current operations.