Fair Value Measurements and Investments (Tables)
3 Months Ended
Mar. 31, 2012
Fair Value Measurements and Investments  
Schedule of assets and liabilities accounted for at fair value

 

 

 

 

Fair Value Measurements at March 31, 2012

 

 

 

Balance
Sheet
Location

 

Quoted Prices
in Active
Markets
(Level 1)

 

Significant
Other
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Total
Fair Value
Measurements

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

(a)

 

$

5,182

 

$

 

$

 

$

5,182

 

Currency forward derivatives

 

(b)

 

 

12

 

 

12

 

Marketable equity securities

 

(c)

 

1,857

 

 

 

1,857

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

$

7,039

 

$

12

 

$

 

$

7,051

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

Danidin earnout

 

(d)

 

$

 

$

 

$

918

 

$

918

 

Match Point earnout

 

(e)

 

 

 

738

 

738

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

$

 

$

 

$

1,656

 

$

1,656

 

 

 

 

 

 

Fair Value Measurements at December 31, 2011

 

 

 

 

 

Quoted Prices
in Active
Markets
(Level 1)

 

Significant
Other
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Total
Fair Value
Measurements

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

(a)

 

$

35,929

 

$

 

$

 

$

35,929

 

Marketable equity securities

 

(c)

 

1,489

 

 

 

1,489

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

$

37,418

 

$

 

$

 

$

37,418

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

Currency forward derivatives

 

(d)

 

$

 

$

532

 

$

 

$

532

 

Danidin earnout

 

(d)(e)

 

 

 

935

 

935

 

Match Point earnout

 

(e)

 

 

 

738

 

738

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

$

 

$

532

 

$

1,673

 

$

2,205

 

 

(a) Included in cash and cash equivalents.

(b) Included in other current assets.

(c) Included in other non-current assets.

(d) Included in accrued liabilities.

(e) Included in other non-current liabilities.

Schedule of reconciliation of changes in the fair values of level 3 liabilities

 

 

Danidin
Earnout

 

Match Point
Earnout

 

Balance at December 31, 2011

 

$

935

 

$

738

 

Change in fair value recognized in earnings

 

(17

)

 

 

 

 

 

 

 

Balance at March 31, 2012

 

$

918

 

$

738

 

Schedule of short-term investments

Description 

 

Amount

 

Certificates of deposit

 

$

5,039

 

Short-term bonds

 

1,999

 

Total

 

$

7,038