Cash and Investments (Tables)

9 Months Ended

Sep. 28, 2018

Investments, Debt and Equity Securities [Abstract]

Reconciliation of Cash, Cash Equivalents, and Restricted Cash

A reconciliation of Cash, cash equivalents, and restricted cash reported within our Condensed Consolidated Balance Sheets to the amount reported within the accompanying Condensed Consolidated Statements of Cash Flows was as follows (in thousands):



	September 30, 2018		December 31, 2017		September 30, 2017		December 31, 2016
Cash and cash equivalents	$	353,623	$	183,164	$	149,357	$	151,686
Restricted cash included in short-term restricted cash and investments	504		504		—		—
Restricted cash included in long-term restricted cash and investments	1,100		4,646		4,650		4,150
Cash, cash equivalents, and restricted cash as reported within the accompanying Condensed Consolidated Statements of Cash Flows	$	355,227	$	188,314	$	154,007	$	155,836

Investments by Security Type

Investments by security type were as follows; the amounts presented exclude cash, but include investments classified as cash equivalents (in thousands):



	September 30, 2018
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Money market funds	$	62,325	$	—	$	—		$	62,325
Certificates of deposit	19,098		—		—			19,098
Commercial paper	355,720		—		—			355,720
Corporate bonds	262,050		93		(549		)	261,594
U.S. Treasury and government sponsored enterprises	50,621		1		(58		)	50,564
Total	$	749,814	$	94	$	(607	)	$	749,301



	December 31, 2017
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Money market funds	$	45,478	$	—	$	—		$	45,478
Commercial paper	199,647		—		—			199,647
Corporate bonds	179,336		18		(332		)	179,022
U.S. Treasury and government sponsored enterprises	16,295		—		(32		)	16,263
Total	$	440,756	$	18	$	(364	)	$	440,410

Fair Value and Gross Unrealized Losses of Investments Available-for-Sale in an Unrealized Loss Position

The fair value of gross unrealized losses on investments available-for-sale in an unrealized loss position were as follows (in thousands):



	September 30, 2018
	In an Unrealized Loss Position Less than 12 Months					In an Unrealized Loss Position 12 Months or Greater					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Corporate bonds	$	175,380	$	(507	)	$	11,211	$	(42	)	$	186,591	$	(549	)
U.S. Treasury and government sponsored enterprises	42,669		(58		)	—		—			42,669		(58		)
Total	$	218,049	$	(565	)	$	11,211	$	(42	)	$	229,260	$	(607	)



	December 31, 2017
	In an Unrealized Loss Position Less than 12 Months					In an Unrealized Loss Position 12 Months or Greater					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Corporate bonds	$	140,746	$	(296	)	$	20,047	$	(36	)	$	160,793	$	(332	)
U.S. Treasury and government sponsored enterprises	13,611		(23		)	2,651		(9		)	16,262		(32		)
Total	$	154,357	$	(319	)	$	22,698	$	(45	)	$	177,055	$	(364	)

Fair Value of Cash Equivalents and Investments by Contractual Maturity

The fair value of cash equivalents and investments by contractual maturity were as follows (in thousands):



	September 30, 2018		December 31, 2017
Maturing in one year or less	$	635,208	$	377,155
Maturing after one year through five years	114,093		63,255
Total	$	749,301	$	440,410