Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents and Available-For-Sale Securities (Tables)

v2.4.0.6
Cash, Cash Equivalents and Available-For-Sale Securities (Tables)
 3 Months Ended
Mar. 31, 2013
Cash, Cash Equivalents and Available-For-Sale Securities  
Schedule of cash, cash equivalents and available-for-sale securities

 

 

Cash, cash equivalents and available-for-sale securities consisted of the following (in thousands):

 

 

 

March 31,

 

December 31,

 

 

 

2013

 

2012

 

Checking account

 

$

157

 

$

251

 

Money market funds

 

9,053

 

23,936

 

Government-sponsored enterprise securities

 

75,233

 

77,047

 

Corporate bonds and commercial paper

 

188,007

 

197,007

 

 

 

$

272,450

 

$

298,241

 

Reported as:

 

 

 

 

 

Cash and cash equivalents

 

$

34,159

 

$

33,484

 

Available-for-sale securities

 

238,291

 

264,757

 

 

 

$

272,450

 

$

298,241

 
Schedule of cash equivalents and available-for-sale securities including the securities with unrealized gains and losses

Cash equivalents and available-for-sale securities include the following securities with unrealized gains and losses (in thousands):

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

March 31, 2013

 

Cost

 

Gains

 

Losses

 

Fair Value

 

Government-sponsored enterprise securities

 

$

75,196

 

$

37

 

$

—

 

$

75,233

 

Corporate bonds and commercial paper

 

187,966

 

77

 

(36

)

188,007

 

Total

 

$

263,162

 

$

114

 

$

(36

)

$

263,240

 

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

December 31, 2012

 

Cost

 

Gains

 

Losses

 

Fair Value

 

Government-sponsored enterprise securities

 

$

77,041

 

$

37

 

$

(31

)

$

77,047

 

Corporate bonds and commercial paper

 

196,931

 

98

 

(22

)

197,007

 

Total

 

$

273,972

 

$

135

 

$

(53

)

$

274,054

 
Schedule of contractual maturities of cash equivalents and available-for-sale securities

As of March 31, 2013, the contractual maturities of our cash equivalents and available-for-sale securities were (in thousands):

 

 

 

Years to Maturity

 

 

 

 

 

After One Year

 

 

 

Within One

 

Through

 

 

 

Year

 

Two Years

 

Government-sponsored enterprise securities

 

$

44,121

 

$

31,112

 

Corporate bonds and commercial paper

 

164,758

 

23,249

 

 

 

$

208,879

 

$

54,361

 
Schedule of fair value and gross unrealized losses of the entity's investments in unrealized loss position

 

 

The following table shows the fair value and gross unrealized losses of our investments in individual securities that are in an unrealized loss position, aggregated by investment category (in thousands):

 

 

 

 

 

Unrealized

 

March 31, 2013

 

Fair Value

 

Losses

 

Corporate bonds and commercial paper

 

$

56,609

 

$

(36

)