| Summary of Marketable Securities |
The amortized cost and fair value of marketable securities as of the dates indicated below were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of March 31, 2013 (In thousands)
|
Amortized
Cost
|
|
Gross
Unrealized
Gains
|
|
Gross
Unrealized
Losses
|
|
Fair
Value
|
|
U.S. Treasury securities
|
$
|
98,853
|
|
|
$
|
169
|
|
|
$
|
(1
|
)
|
|
$
|
99,021
|
|
|
U.S. Government agency securities
|
658,805
|
|
|
1,028
|
|
|
(6
|
)
|
|
659,827
|
|
|
Municipal securities
|
82663年
|
|
|
128
|
|
|
(62
|
)
|
|
82,729
|
|
|
Corporate debt securities
|
1,065,519
|
|
|
4,322
|
|
|
(321
|
)
|
|
1,069,520
|
|
|
Money market and other
|
735000年
|
|
|
—
|
|
|
—
|
|
|
735000年
|
|
|
Sovereign securities
|
23,814
|
|
|
45
|
|
|
(7
|
)
|
|
23,852
|
|
|
Subtotal
|
2,664,654
|
|
|
5,692
|
|
|
(397
|
)
|
|
2,669,949
|
|
|
Add: Time deposits
(1)
|
53,500
|
|
|
—
|
|
|
—
|
|
|
53,500
|
|
|
Less: Cash equivalents
|
778,147
|
|
|
—
|
|
|
—
|
|
|
778,147
|
|
|
Marketable securities
|
$
|
1,940,007
|
|
|
$
|
5,692
|
|
|
$
|
(397
|
)
|
|
$
|
1945302年
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of June 30, 2012 (In thousands)
|
Amortized
Cost
|
|
Gross
Unrealized
Gains
|
|
Gross
Unrealized
Losses
|
|
Fair
Value
|
|
U.S. Treasury securities
|
$
|
91,387
|
|
|
$
|
67
|
|
|
$
|
(16
|
)
|
|
$
|
91,438
|
|
|
U.S. Government agency securities
|
633,587
|
|
|
981
|
|
|
(76
|
)
|
|
634,492
|
|
|
Municipal securities
|
66,538
|
|
|
107
|
|
|
(102
|
)
|
|
66,543
|
|
|
Corporate debt securities
|
914,134
|
|
|
3,826
|
|
|
(568
|
)
|
|
917,392
|
|
|
Money market and other
|
607,038
|
|
|
—
|
|
|
—
|
|
|
607,038
|
|
|
Sovereign securities
|
29,056
|
|
|
89
|
|
|
—
|
|
|
29,145
|
|
|
Equity securities
|
10
|
|
|
—
|
|
|
—
|
|
|
10
|
|
|
Subtotal
|
2,341,750
|
|
|
5,070
|
|
|
(762
|
)
|
|
2,346,058
|
|
|
Add: Time deposits
(1)
|
62,431
|
|
|
—
|
|
|
—
|
|
|
62,431
|
|
|
Less: Cash equivalents
|
625,339
|
|
|
—
|
|
|
—
|
|
|
625,339
|
|
|
Marketable securities
|
$
|
1,778,842
|
|
|
$
|
5,070
|
|
|
$
|
(762
|
)
|
|
$
|
1,783,150
|
|
________________
|
|
|
(1)
|
Time deposits excluded from fair value measurements.
|
|
| Investments with Gross Unrealized Losses |
The following table summarizes the fair value and gross unrealized losses of the Company’s investments that were in an unrealized loss position as of the date indicated below:
|
|
|
|
|
|
|
|
|
|
As of March 31, 2013 (In thousands)
|
Fair Value
|
|
Gross
Unrealized
Losses
(1)
|
|
U.S. Treasury securities
|
$
|
1,996
|
|
|
$
|
(1
|
)
|
|
U.S. Government agency securities
|
63,513
|
|
|
(6
|
)
|
|
Municipal securities
|
29,376
|
|
|
(62
|
)
|
|
Corporate debt securities
|
232,589
|
|
|
(321
|
)
|
|
Sovereign securities
|
7,589
|
|
|
(7
|
)
|
|
Total
|
$
|
335,063
|
|
|
$
|
(397
|
)
|
__________________
|
|
|
(1)
|
Of the total gross unrealized losses, there were no amounts that, as of
March 31, 2013
, had been in a continuous loss position for
12
months or more.
|
|
| Contractual Maturities of Securities |
The contractual maturities of securities classified as available-for-sale, regardless of their classification on the Company's Condensed Consolidated Balance Sheet, as of the date indicated below were as follows:
|
|
|
|
|
|
|
|
|
|
As of March 31, 2013 (In thousands)
|
摊余成本
|
|
Fair Value
|
|
Due within one year
|
$
|
456,433
|
|
|
$
|
457,332
|
|
|
Due after one year through three years
|
1,483,574
|
|
|
1,487,970
|
|
|
|
$
|
1,940,007
|
|
|
$
|
1945302年
|
|
|