| 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, 2012 (In thousands)
|
Amortized
Cost
|
|
Gross
Unrealized
Gains
|
|
Gross
Unrealized
Losses
|
|
Fair
Value
|
|
U.S. Treasury securities
|
$
|
95,693
|
|
|
$
|
140
|
|
|
$
|
(45
|
)
|
|
$
|
95,788
|
|
|
U.S. Government agency securities
|
561,286
|
|
|
777
|
|
|
(310
|
)
|
|
561,753
|
|
|
Municipal securities
|
41,623
|
|
|
150
|
|
|
(5
|
)
|
|
41768年
|
|
|
Corporate debt securities
|
868,270
|
|
|
4,366
|
|
|
(513
|
)
|
|
872,123
|
|
|
Money market and other
|
551,568
|
|
|
—
|
|
|
—
|
|
|
551,568
|
|
|
Sovereign securities
|
33,789
|
|
|
110
|
|
|
(2
|
)
|
|
33,897
|
|
|
Equity securities
|
1,927
|
|
|
16
|
|
|
—
|
|
|
1,943
|
|
|
Subtotal
|
2,154,156
|
|
|
5,559
|
|
|
(875
|
)
|
|
2,158,840
|
|
|
Add: Time deposits(1)
|
69,663
|
|
|
—
|
|
|
—
|
|
|
69,663
|
|
|
Less: Cash equivalents
|
622,678
|
|
|
—
|
|
|
—
|
|
|
622,678
|
|
|
Marketable securities
|
$
|
1,601,141
|
|
|
$
|
5,559
|
|
|
$
|
(875
|
)
|
|
$
|
1,605,825
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of June 30, 2011 (In thousands)
|
Amortized
Cost
|
|
Gross
Unrealized
Gains
|
|
Gross
Unrealized
Losses
|
|
Fair
Value
|
|
U.S. Treasury securities
|
$
|
58,754
|
|
|
$
|
165
|
|
|
$
|
(23
|
)
|
|
$
|
58,896
|
|
|
U.S. Government agency securities
|
319,375
|
|
|
931
|
|
|
(123
|
)
|
|
320,183
|
|
|
Municipal securities
|
38,688
|
|
|
275
|
|
|
(6
|
)
|
|
38,957
|
|
|
Corporate debt securities
|
870591年
|
|
|
5,162
|
|
|
(368
|
)
|
|
875,385
|
|
|
Money market and other
|
481,770
|
|
|
—
|
|
|
—
|
|
|
481,770
|
|
|
Sovereign securities
|
31,932
|
|
|
179
|
|
|
(25
|
)
|
|
32,086
|
|
|
Subtotal
|
1,801,110
|
|
|
6,712
|
|
|
(545
|
)
|
|
1807277年
|
|
|
Add: Time deposits(1)
|
65,402
|
|
|
—
|
|
|
—
|
|
|
65,402
|
|
|
Less: Cash equivalents
|
545,475
|
|
|
—
|
|
|
(2
|
)
|
|
545,473
|
|
|
Marketable securities
|
$
|
1,321,037
|
|
|
$
|
6,712
|
|
|
$
|
(543
|
)
|
|
$
|
1,327,206
|
|
________________
|
|
|
(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, 2012 (In thousands)
|
Fair Value
|
|
Gross Unrealized Losses(1)
|
|
U.S. Treasury securities
|
$
|
39,027
|
|
|
$
|
(45
|
)
|
|
U.S. Government agency securities
|
196,537
|
|
|
(310
|
)
|
|
Municipal securities
|
6,747
|
|
|
(5
|
)
|
|
Corporate debt securities
|
230,504
|
|
|
(513
|
)
|
|
Sovereign securities
|
6,027
|
|
|
(2
|
)
|
|
Total
|
$
|
478,842
|
|
|
$
|
(875
|
)
|
__________________
|
|
|
(1)
|
Of the total gross unrealized losses, there were no amounts that, as of
March 31, 2012
, 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, 2012 (In thousands)
|
摊余成本
|
|
Fair Value
|
|
Due within one year
|
$
|
369,877
|
|
|
$
|
371,080
|
|
|
Due after one year through three years
|
1,231,264
|
|
|
1,234,745
|
|
|
|
$
|
1,601,141
|
|
|
$
|
1,605,825
|
|
|