Assets and liabilities of the Company measured at fair value on a recurring basis as of December 31, 2014, are summarized as follows:


			Fair Value Measurements at Reporting Date Using
Description	December 31, 2014		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents:
Money market funds	$	129,092	$	129,092	$	—	$	—
Bankers acceptance drafts		131		—		131		—
Corporate obligations		700		—		700		—
Available-for-sale securities:
Time deposits and certificates of deposit		20,948		—		20,948		—
Asset-backed securities		75,674		—		75,674		—
Bankers acceptance drafts		82		—		82		—
Corporate obligations		88,689		—		88,689		—
Municipal bonds		3,353		—		3,353		—
U.S. agency obligations		98,049		—		98,049		—
Derivatives — currency forward contracts		2,110		—		2,110		—

Total assets	$	418,828	$	129,092	$	289,736	$	—

Liabilities:
Derivatives — currency forward contracts	$	—	$	—	$	—	$	—

Reported as follows:
Assets:
Cash and cash equivalents (1)	$	129,923	$	129,092	$	831	$	—
Short-term investments		129,594		—		129,594		—
Other current assets		2,110		—		2,110		—

	$	261,627	$	129,092	$	132,535	$	—

Long-term investments	$	157,201	$	—	$	157,201	$	—

Liabilities:
Other current liabilities	$	—	$	—	$	—	$	—

(1)	The cash and cash equivalent amounts presented in the table above do not include cash of $167,517 and non-negotiable time deposits of $7,997 as of December 31, 2014.

Assets and liabilities of the Company measured at fair value on a recurring basis as of December 31, 2013, are summarized as follows:


			Fair Value Measurements at Reporting Date Using
Description	December 31, 2013		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents:
Money market funds	$	38,166	$	38,166	$	—	$	—
Time deposits and certificates of deposit		7,050		—		7,050		—
Bankers acceptance drafts		32		—		32		—
Commercial paper		3,350		—		3,350		—
Trading securities:
Mutual funds		1,000		1,000		—		—
Available-for-sale securities:
Time deposits and certificates of deposit		65,043		—		65,043		—
Bankers acceptance drafts		491		—		491		—
Commercial paper		53,434		—		53,434		—
Corporate obligations		18,351		—		18,351		—
U.S. agency obligations		222,801		—		222,801		—
Derivatives — currency forward contracts		920		—		920		—

Total assets	$	410,638	$	39,166	$	371,472	$	—

Liabilities:
Derivatives — currency forward contracts	$	656	$	—	$	656	$	—

Reported as follows:
Assets:
Cash and cash equivalents (1)	$	48,598	$	38,166	$	10,432	$	—
Short-term investments		300,715		1,000		299,715		—
Other current assets		920		—		920		—

	$	350,233	$	39,166	$	311,067	$	—

Long-term investments	$	60,405	$	—	$	60,405	$	—

Liabilities:
Other current liabilities	$	656	$	—	$	656	$	—

(1)	The cash and cash equivalent amounts presented in the table above do not include cash of $234,675 and non-negotiable time deposits of $5,629 as of December 31, 2013.