XML 96 R24.htm IDEA: XBRL DOCUMENT v3.19.3

Cash and Investments (Tables)

9 Months Ended

Sep. 27, 2019

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, 2019				December 31, 2018				September 30, 2018				December 31, 2017
Cash and cash equivalents	$	242,317			$	314,775			$	353,623			$	183,164
Restricted cash included in short-term restricted cash and investments	—				—				504				504
Restricted cash included in long-term restricted cash and investments	1,000				1,100				1,100				4,646
Cash, cash equivalents, and restricted cash as reported within the accompanying Condensed Consolidated Statements of Cash Flows	$	243,317			$	315,875			$	355,227			$	188,314

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, 2019				December 31, 2018				September 30, 2018				December 31, 2017
Cash and cash equivalents	$	242,317			$	314,775			$	353,623			$	183,164
Restricted cash included in short-term restricted cash and investments	—				—				504				504
Restricted cash included in long-term restricted cash and investments	1,000				1,100				1,100				4,646
Cash, cash equivalents, and restricted cash as reported within the accompanying Condensed Consolidated Statements of Cash Flows	$	243,317			$	315,875			$	355,227			$	188,314

Investments by Security Type

Cash and investments by security type were as follows (in thousands):

	September 30, 2019
	Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
Investments available-for-sale:
Money market funds	$	26,641			$	—			$	—			$	26,641
Commercial paper	332,239				—				—				332,239
Corporate bonds	703,325				3,549				(67		)		706,807
U.S. Treasury and government sponsored enterprises	152,531				143				(24		)		152,650
Total investments available-for-sale	1,214,736				3,692				(91		)		1,218,337
Cash and restricted cash	901				—				—				901
Certificates of deposit	29,189				3				—				29,192
Total cash and investments	$	1,244,826			$	3,695			$	(91	)		$	1,248,430

	December 31, 2018
	Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
Investments available-for-sale:
Money market funds	$	47,744			$	—			$	—			$	47,744
Commercial paper	381,134				—				(1		)		381,133
Corporate bonds	344,741				180				(857		)		344,064
U.S. Treasury and government sponsored enterprises	55,224				2				(25		)		55,201
Total investments available-for-sale	828,843				182				(883		)		828,142
Cash and restricted cash	6,883				—				—				6,883
Certificates of deposit	16,596				—				—				16,596
Total cash and investments	$	852,322			$	182			$	(883	)		$	851,621

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

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

	September 30, 2019
	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	$	73,064			$	(66	)		$	4,398			$	(1	)		$	77,462			$	(67	)
U.S. Treasury and government sponsored enterprises	46,744				(24		)		—				—				46,744				(24		)
Total	$	119,808			$	(90	)		$	4,398			$	(1	)		$	124,206			$	(91	)

	December 31, 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	$	236,162			$	(606	)		$	39,627			$	(251	)		$	275,789			$	(857	)
U.S. Treasury and government sponsored enterprises	28,105				(16		)		9,182				(9		)		37,287				(25		)
Commercial paper	7,091				(1		)		—				—				7,091				(1		)
Total	$	271,358			$	(623	)		$	48,809			$	(260	)		$	320,167			$	(883	)

Fair Value of Cash Equivalents and Investments by Contractual Maturity

The fair value of investments available-for-sale by contractual maturity were as follows (in thousands):

	September 30, 2019				December 31, 2018
Maturing in one year or less	$	743,768			$	674,455
Maturing after one year through five years	474,569				153,687
Total investments available-for-sale	$	1,218,337			$	828,142

X

- Definition

Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=118942371&loc=SL82922954-210456

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118939692&loc=d3e27290-111563

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=118955579&loc=SL82922888-210455

+ Details

Name:	us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of cash and cash equivalents.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(1)(a))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=98513485&loc=SL98516268-108586

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(2))
-URI http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(1))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of unrealized gains and losses on investments.

+ References

No definition available.

+ Details

Name:	us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration