NOTE 4 | Cash and Cash Equivalents |
Cash and cash equivalent balances at December 31 are summarized as follows:
(in thousands) | 2013 | 2012 | ||||||
Cash and cash equivalents in domestic accounts |
$ | 192,468 | 152,373 | |||||
Cash and cash equivalents in foreign accounts |
85,762 | 95,239 | ||||||
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Total |
$ | 278,230 | 247,612 | |||||
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The Company maintains operating accounts outside the United States denominated in currencies other than the U.S. dollar. All amounts in domestic accounts are denominated in U.S. dollars.
As of December 31, 2013 and 2012, the Company had $5.0 million and $2.5 million, respectively, of cash and cash equivalents in Money Market accounts that had an original maturity date of 90 days or less.