XML 48 R15.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Marketable Securities | 12 Months Ended
--- | ---
Dec. 31, 2018
Marketable Securities [Abstract] |
Marketable Securities | MARKETABLE SECURITIES As a result of the passage of the 2017 Tax Act during the fourth quarter of 2017, we liquidated our marketable securities held outside the U.S. during the first quarter of 2018 and recognized a loss of approximately $0.3 million. We repatriated these funds and reduced our revolving debt balance during the first quarter of 2018. Purchased marketable debt securities were classified as available-for-sale and carried at fair value in the accompanying consolidated balance sheets on a trade date basis. We had classified our investments with maturities beyond one year as short-term, based on their highly liquid nature and because such marketable securities represent the investment of cash that is available for current operations. Unrealized holding gains and losses were deferred within accumulated other comprehensive income (“AOCI”), net of applicable taxes, except when an impairment is determined to be other-than-temporary or the security is divested prior to maturity. Within the accompanying consolidated statements of operations, interest earned and amortization of premiums or discounts on marketable securities were included in interest income, and realized gains and losses on the sale of our marketable securities were included in other income. The amortized cost and fair value of marketable securities as of December 31, 2017, were as follows (in thousands):
As of December 31, 2017 |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
﻿ |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  | $ | 140,969 |  |  | $ | 96 |  |  | $ | (179 | ) |  | $ | 140,886 |
Certificates of deposit |  | 58,510 |  |  | — |  |  | — |  |  | 58,510 |
Commercial paper |  | 29,171 |  |  | — |  |  | — |  |  | 29,171 |
Asset backed securities |  | 22,206 |  |  | 4 |  |  | (43 | ) |  | 22,167 |
U.S. government bonds |  | 15,619 |  |  | 11 |  |  | (19 | ) |  | 15,611 |
Agency bonds |  | 10,990 |  |  | 9 |  |  | (52 | ) |  | 10,947 |
Treasury bills |  | 6,964 |  |  | — |  |  | (1 | ) |  | 6,963 |
Total marketable securities |  | $ | 284,429 |  |  | $ | 120 |  |  | $ | (294 | ) |  | $ | 284,255 |
As of December 31, 2017, we held marketable securities with effective maturities of two years or less that had an average AA- credit rating.

X
- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2209399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2324412 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2176304 + Details
Name: | us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration