Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.10.0.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis
The following table summarizes financial assets and financial liabilities that are measured and recorded in the consolidated financial statements at fair value on a recurring basis:
 
Total Fair  Value
 
Fair Value Measurement Using (a)
(In thousands)
 
Level 1
 
Level 2
 
Level 3
June 2018
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
237,797

 
$
237,797

 
$

 
$

Time deposits
4,266

 
4,266

 

 

Derivative financial instruments
53,417

 

 
53,417

 

Investment securities
192,065

 
182,063

 
10,002

 

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
34,189

 

 
34,189

 

Deferred compensation
216,263

 

 
216,263

 

 
Total Fair  Value
 
Fair Value Measurement Using (a)
(In thousands)
 
Level 1
 
Level 2
 
Level 3
March 2018
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
185,118

 
$
185,118

 
$

 
$

Time deposits
7,714

 
7,714

 

 

Derivative financial instruments
31,400

 

 
31,400

 

Investment securities
194,160

 
183,802

 
10,358

 

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
106,174

 

 
106,174

 

Deferred compensation
227,808

 

 
227,808

 

 
(a) 
There were no transfers among the levels within the fair value hierarchy during the three months ended June 2018 or March 2018.