Assets and liabilities of the Company are measured at fair value on a recurring basis as of March 31, 2016 and are summarized as follows:


				Fair Value Measurements at Reporting Date Using
Description	March 31, 2016			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	$	197,650		$	197,650	$	—		$	—
Bankers’ acceptance drafts		15			—		15			—
Commercial paper		9,999			—		9,999			—
U.S. agency obligations		35,496			—		35,496			—
Available-for-sale investments:
Time deposits and certificates of deposit		23,005			—		23,005			—
Bankers’ acceptance drafts		1,646			—		1,646			—
Asset-backed securities		74,057			—		74,057			—
Corporate obligations		90,856			—		90,856			—
Municipal bonds		4,611			—		4,611			—
U.S. treasury obligations		4,360			—		4,360			—
U.S. agency obligations		110,233			—		110,233			—
Derivatives – currency forward contracts		487			—		487			—

Total assets	$	552,415		$	197,650	$	354,765		$	—

Liabilities:
Derivatives – currency forward contracts	$	2,193		$	—	$	2,193		$	—

Reported as follows:
Assets:
Cash and cash equivalents⁽¹⁾	$	243,160		$	197,650	$	45,510		$	—
Short-term investments		308,768			—		308,768			—
Other current assets		487			—		487			—

Total current assets	$	552,415		$	197,650	$	354,765		$	—

Liabilities:
Other current liabilities	$	(2,193	)	$	—	$	(2,193	)	$	—

(1)	The cash and cash equivalent amounts presented in the table above do not include cash of $102,950 and non-negotiable time deposits of $11,745 as of March 31, 2016.

Assets and liabilities of the Company are measured at fair value on a recurring basis as of December 31, 2015 and are summarized as follows:


			Fair Value Measurements at Reporting Date Using
Description	December 31, 2015		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	$	106,099	$	106,099	$	—	$	—
Bankers acceptance drafts		11		—		11		—
Corporate obligations		330		—		330		—
Available-for-sale investments:
Time deposits and certificates of deposit		11,892		—		11,892		—
Bankers’ acceptance drafts		728		—		728		—
Asset-backed securities		124,997		—		124,997		—
Corporate obligations		165,109		—		165,109		—
Municipal bonds		8,355		—		8,355		—
U.S. agency obligations		119,582		—		119,582		—
Derivatives – currency forward contracts		1,486		—		1,486		—

Total assets	$	538,589	$	106,099	$	432,490	$	—

Liabilities:
Derivatives – currency forward contracts Total liabilities	$	263	$	—	$	263	$	—

Reported as follows:
Assets:
Cash and cash equivalents⁽¹⁾	$	106,440	$	106,099	$	341	$	—
Short-term investments		430,663		—		430,663		—
Other current assets		1,486		—		1,486		—

Total current assets	$	538,589	$	106,099	$	432,490	$	—

Liabilities:
Other current liabilities	$	263	$	—	$	263	$	—

(1)	The cash and cash equivalents amounts presented in the table above do not include cash of $110,118 and non-negotiable time deposits of $11,016 as of December 31, 2015.