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Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of Marketable Securities | Available-for-sale marketable securities held as of December 31, 2023 and 2022 were as follows (in thousands):
|  |  | Gross Unrealized |  | Aggregate Fair Value |  | Classification on Balance Sheet
| Amortized Cost |  |  |  |  |  |  | Short-Term Marketable Securities |  | Long-Term Marketable Securities
As of December 31, 2023 |  | Gains |  | Losses |  |  |
Time deposits | $ | 14,426 |  |  | $ | — |  |  | $ | — |  |  | $ | 14,426 |  |  | $ | 14,426 |  |  | $ | — |
Commercial paper | 6,249 |  |  | — |  |  | (5) |  |  | 6,244 |  |  | 6,244 |  |  | — |
Corporate bonds | 1,328,980 |  |  | 6,429 |  |  | (4,201) |  |  | 1,331,208 |  |  | 276,975 |  |  | 1,054,233 |
U.S. government agency obligations | 428,157 |  |  | 2,462 |  |  | (979) |  |  | 429,640 |  |  | 74,369 |  |  | 355,271 |
| $ | 1,777,812 |  |  | $ | 8,891 |  |  | $ | (5,185) |  |  | $ | 1,781,518 |  |  | $ | 372,014 |  |  | $ | 1,409,504 |
As of December 31, 2022 |  |  |  |  |  |  |  |  |  |  |
Time deposits | $ | 19,530 |  |  | $ | — |  |  | $ | — |  |  | $ | 19,530 |  |  | $ | 19,530 |  |  | $ | — |
Corporate bonds | 624,082 |  |  | — |  |  | (21,029) |  |  | 603,053 |  |  | 362,458 |  |  | 240,595 |
U.S. government agency obligations | 252,573 |  |  | — |  |  | (10,391) |  |  | 242,182 |  |  | 180,320 |  |  | 61,862 |
| $ | 896,185 |  |  | $ | — |  |  | $ | (31,420) |  |  | $ | 864,765 |  |  | $ | 562,308 |  |  | $ | 302,457 |
Fair Value Measurement Within Fair Value Hierarchy | The fair value measurements within the fair value hierarchy of the Company’s financial assets as of December 31, 2023 and 2022 were as follows (in thousands):
| Total Fair Value |  | Fair Value Measurements at Reporting Date Using
| Level 1 |  | Level 2 |  |
As of December 31, 2023 |  |  |  |  |  |  |
Cash Equivalents and Marketable Securities: |  |  |  |  |  |  |
Money market funds | $ | 177,240 |  |  | $ | 177,240 |  |  | $ | — |  |  |
Time deposits | 39,670 |  |  | — |  |  | 39,670 |  |  |
Commercial paper | 6,244 |  |  | — |  |  | 6,244 |  |  |
Corporate bonds | 1,331,208 |  |  | — |  |  | 1,331,208 |  |  |
U.S. government agency obligations | 429,640 |  |  | — |  |  | 429,640 |  |  |
Mutual funds | 22,942 |  |  | 22,942 |  |  | — |  |  |
| $ | 2,006,944 |  |  | $ | 200,182 |  |  | $ | 1,806,762 |  |  |
As of December 31, 2022 |  |  |  |  |  |  |
Cash Equivalents and Marketable Securities: |  |  |  |  |  |  |
Money market funds | $ | 999 |  |  | $ | 999 |  |  | $ | — |  |  |
Time deposits | 285,830 |  |  | — |  |  | 285,830 |  |  |
Corporate bonds | 603,053 |  |  | — |  |  | 603,053 |  |  |
U.S. government agency obligations | 242,182 |  |  | — |  |  | 242,182 |  |  |
Mutual funds | 18,745 |  |  | 18,745 |  |  | — |  |  |
| $ | 1,150,809 |  |  | $ | 19,744 |  |  | $ | 1,131,065 |  |  |
Schedule of Contractual Maturities of Marketable Securities and Other Investment Related Assets | Contractual maturities of the Company’s available-for-sale marketable securities held as of December 31, 2023 and 2022 were as follows (in thousands):
| December 31, 2023 |  | December 31, 2022
Due in 1 year or less | $ | 372,014 |  |  | $ | 562,308 |
Due after 1 year through 5 years | 1,409,504 |  |  | 302,457 |
| $ | 1,781,518 |  |  | $ | 864,765 |

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