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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-Sale Securities Reconciliation

The Company’s marketable securities within cash equivalents and investments included in the consolidated balance sheets are detailed as follows (in thousands):

 

     December 31, 2018  
     Amortized      Unrealized      Unrealized     Fair  
     Cost      Gain      Loss     Value  

U.S. Treasury securities

   $ 164,619      $ 16      $ (320   $ 164,315  

Foreign government securities

     3,486        1        (24     3,463  

Corporate debt securities

     725,778        41        (2,760     723,059  

Time deposits

     108,638        —          —         108,638  
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 1,002,521      $ 58      $ (3,104   $ 999,475  
  

 

 

    

 

 

    

 

 

   

 

 

 

Amounts included in:

          

Cash equivalents

   $ 60,532      $ —        $ (1   $ 60,531  

Investments

     941,989        58        (3,103     938,944  
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 1,002,521      $ 58      $ (3,104   $ 999,475  
  

 

 

    

 

 

    

 

 

   

 

 

 

 

     December 31, 2017  
     Amortized
Cost
     Unrealized
Gain
     Unrealized
Loss
    Fair Value  

U.S. Treasury securities

   $ 593,599      $ 82      $ (1,693   $ 591,988  

Foreign government securities

     6,982        —          (30     6,952  

Corporate debt securities

     1,977,329        897        (3,066     1,975,160  

Time deposits

     371,515        —          (4     371,511  

Equity securities

     77        70        —         147  
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 2,949,502      $ 1,049      $ (4,793   $ 2,945,758  
  

 

 

    

 

 

    

 

 

   

 

 

 

Amounts included in:

          

Cash equivalents

   $ 194,377      $ —        $ (1   $ 194,376  

Investments

     2,755,125        1,049        (4,792     2,751,382  
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 2,949,502      $ 1,049      $ (4,793   $ 2,945,758  
  

 

 

    

 

 

    

 

 

   

 

 

 
Investments Classified By Contractual Maturity Date

The estimated fair value of marketable debt securities by maturity date is as follows (in thousands):

 

     December 31,  
     2018      2017  

Due in one year or less

   $ 797,649      $ 2,042,673  

Due after one year through three years

     201,826        902,938  
  

 

 

    

 

 

 

Total

   $ 999,475      $ 2,945,611