Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v2.4.0.8
Fair Value (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value  
Schedule of financial assets measured at fair value on a recurring basis

Financial assets measured at fair value on a recurring basis are categorized in the tables below based upon the lowest level of significant input to the valuations (in thousands):

 

 

 

Assets at Fair Value as of March 31, 2014

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Money market funds

 

$

13,625

 

$

 

$

 

$

13,625

 

U. S. treasury bills

 

 

2,068

 

 

2,068

 

Government-sponsored enterprise securities

 

 

62,827

 

 

62,827

 

Corporate bonds and commercial paper

 

 

116,455

 

 

116,455

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

13,625

 

$

181,350

 

$

 

$

194,975

 

 

 

 

Assets at Fair Value as of December 31, 2013

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Money market funds

 

$

9,059

 

$

 

$

 

$

9,059

 

U. S. treasury bills

 

 

2,085

 

 

2,085

 

Government-sponsored enterprise securities

 

 

67,178

 

 

67,178

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds and commercial paper

 

 

133,458

 

 

133,458

 

Total

 

$

9,059

 

$

202,721

 

$

 

$

211,780