| |
December 31, | ||||||
|---|---|---|---|---|---|---|---|
| |
2013 | 2012 | |||||
| |
(In thousands) |
||||||
|
Cash and cash equivalents |
$ | 389,915 | $ | 524,922 | |||
|
Short-term investments: |
|||||||
|
Trading equity securities |
— | 52,705 | |||||
|
Available-for-sale equity securities |
96,942 | 174,610 | |||||
|
Available-for-sale debt securities |
20,276 | 25,967 | |||||
| | | | | | | | |
|
Total short-term investments |
$ | 117,218 | $ | 253,282 | |||
| | | | | | | | |