Spansion Inc. - 10-Q filing on 2013-05-03

Note 9. Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	March 31, 2013									December 30, 2012
	Level 1		Level 2		Level 3		Total			Level 1		Level 2		Level 3		Total
	(in thousands)

Money market funds	$	4,359	$	-	$	-	$	4,359	(1)	$	1,181	$	-	$	-	$	1,181	(2)
Commercial paper		-		14,984		-		14,984	(1)		-		14,980		-		14,980	(2)
Foreign currency forward contracts		-		7,486		-		7,486			-		3,032		-		3,032
Auction rate securities		-		-		-		-			-		1,530		-		1,530
Total financial assets	$	4,359	$	22,470	$	-	$	26,829		$	1,181	$	19,542	$	-		20,723
Interest rate swaps	$	-	$	251	$	-	$	251		$	-	$	514	$	-	$	514
Foreign currency forward contracts			$	44			$	44		$	-	$	296	$	-	$	296
Total financial liabilities	$	-	$	295	$	-	$	295		$	-	$	810	$	-	$	810

(1) Total cash and cash equivalents, short-term investments of $309.1 million as of March 31, 2013 includes cash of $253.3 million held in operating accounts, $4.3 million in money market funds, $15.0 million in commercial paper and $36.5 million in FDIC insured certificates of deposit.

(2) Total cash and cash equivalents, short-term investments of $313.9 million as of December 30, 2012 includes cash of $297.7 million held in operating accounts, $1.2 million in money market funds and $15.0 million in commercial paper.

Schedule Of Financial Instruments Not Carried At Fair Value [Table Text Block]

	March 31, 2013				December 30, 2012
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
			(in thousands)

Debt traded in the market:
Term Loan	$	214,978	$	217,128	$	216,295	$	217,917
Senior Unsecured Notes		200,000		209,500		200,000		201,000
Total Debt Obligations	$	414,978	$	426,628	$	416,295	$	418,917