Assets and liabilities of the Company are measured at fair value on a recurring basis as of March 31, 2017 and are summarized as follows:


			Fair Value Measurements at Reporting Date Using
Description	March 31, 2017		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	$	1,263	$	1,263	$	—	$	—
Time deposits and certificates of deposit		2,300		—		2,300		—
Bankers’ acceptance drafts		682		—		682		—
Commercial paper		10,604		—		10,604		—
Corporate obligations		1,550		—		1,550		—
Restricted cash – money market funds		5,274		5,274		—		—
Available-for-sale investments:
Time deposits and certificates of deposit		3,479		—		3,479		—
Bankers’ acceptance drafts		1,117		—		1,117		—
Asset-backed securities		36,682		—		36,682		—
Commercial paper		12,134		—		12,134		—
Corporate obligations		51,393		—		51,393		—
Municipal bonds		251		—		251		—
Promissory note		675		—		675		—
U.S. treasury obligations		20,424		—		20,424		—
U.S. agency obligations		29,144		—		29,144		—
Group insurance contracts		5,633		—		5,633		—
Derivatives – currency forward contracts		664		—		664		—
Derivatives – options contracts		14		—		14		—
Funds in investments and other assets:
Israeli pension assets		14,024		—		14,024		—
Derivatives – interest rate hedge – non-current		5,428		—		5,428		—
Restricted cash – non-current		744		744		—		—

Total assets	$	203,479	$	7,281	$	196,198	$	—

Liabilities:

Derivatives – currency forward contracts	$	3,666	$	—	$	3,666	$	—

Reported as follows:
Assets:
Cash and cash equivalents⁽¹⁾	$	16,399	$	1,263	$	15,136	$	—
Restricted cash		5,274		5,274		—		—
Short-term investments		155,299		—		155,299		—
Other current assets		678		—		678		—

Total current assets	$	177,650	$	6,537	$	171,113	$	—

Long-term investments⁽²⁾		5,633		—		5,633		—
Other long-term assets		19,452		—		19,452		—
Restricted cash – non-current		744		744		—		—

Total long-term assets	$	25,829	$	744	$	25,085	$	—

Liabilities:

Other current liabilities	$	3,666	$	—	$	3,666	$	—

⁽¹⁾	The cash and cash equivalent amounts presented in the table above do not include cash of $238,663 and non-negotiable time deposits of $850 as of March 31, 2017.

⁽²⁾	The long-term investments presented in the table above do not include our minority interest investment in a private company, which is accounted for under the cost method.

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


			Fair Value Measurements at Reporting Date Using
Description	December 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	$	10,155	$	10,155	$	—	$	—
Time deposits and certificates of deposit		4,900		—		4,900		—
Bankers acceptance drafts		448		—		448		—
Commercial paper		11,828		—		11,828		—
Corporate obligations		2,025		—		2,025		—
U.S. agency obligations		3,899		—		3,899		—
Restricted cash – money market funds		5,287		5,287		—		—
Available-for-sale securities:
Time deposits and certificates of deposit		23,818		—		23,818		—
Bankers acceptance drafts		1,439		—		1,439		—
Asset-backed securities		36,809		—		36,809		—
Commercial paper		24,381		—		24,381		—
Corporate obligations		46,707		—		46,707		—
Municipal bonds		591		—		591		—
Promissory note		675		—		675		—
U.S. treasury obligations		25,414		—		25,414		—
U.S. agency obligations		29,629		—		29,629		—
Group insurance contracts		5,558		—		5,558		—
Derivatives – currency forward contracts		2,985		—		2,985		—
Derivatives – options contracts		4		—		4		—
Funds in investments and other assets:
Israeli pension assets		13,910		—		13,910		—
Derivatives – interest rate hedge – non-current		4,900		—		4,900		—
Restricted cash – non-current		573		573		—		—

Total assets	$	255,935	$	16,015	$	239,920	$	—

Liabilities:
Derivatives – currency forward contracts	$	543	$	—	$	543	$	—
Derivatives – options contracts		16		—		16		—

Total liabilities	$	559	$	—	$	559	$	—

Assets:
Cash and cash equivalents⁽¹⁾	$	33,255	$	10,155	$	23,100	$	—
Restricted cash		5,287		5,287		—		—
Short-term investments		189,463		—		189,463		—
Other current assets		2,989		—		2,989		—

Total current assets	$	230,994	$	15,442	$	215,552	$	—

Long-term investments⁽²⁾	$	5,558	$	—	$	5,558	$	—
Other long-term assets		18,810		—		18,810		—
Restricted cash – non-current		573		573		—		—

Total long-term assets	$	24,941	$	573	$	24,368	$	—

Liabilities:
Other current liabilities	$	559	$	—	$	559	$	—

⁽¹⁾	The cash and cash equivalent amounts presented in the table above do not include cash of $192,432 and non-negotiable time deposits of $2,936 as of December 31, 2016.

⁽²⁾	The long-term investments presented in the table above do not include our minority interest investment in a private company, which is accounted for under the cost method.