Assets and liabilities of the Company are measured at fair value on a recurring basis as of March 31, 2018 and are summarized as follows:


			Fair Value Measurements at Reporting Date Using
Description	March 31, 2018		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents:
Money market funds	$	1,075	$	1,075	$	—	$	—
Commercial paper		18,385		—		18,385		—
Corporate obligations		950		—		950		—
Municipal bonds		1,335		—		1,335		—
U.S. treasury obligations		12,953		—		12,953		—
U.S. agency obligations		9,509		—		9,509		—
Restricted cash — money market funds		118		118		—		—
Available-for-sale investments:
Time deposits and certificates of deposit		10,459		—		10,459		—
Bankers’ acceptance drafts		2,179		—		2,179		—
Asset-backed securities		38,012		—		38,012		—
Commercial paper		16,010		—		16,010		—
Corporate obligations		78,767		—		78,767		—
Municipal bonds		2,618		—		2,618		—
U.S. treasury obligations		30,220		—		30,220		—
U.S. agency obligations		22,349		—		22,349		—
Group insurance contracts		6,441		—		6,441		—
Derivatives — currency forward contracts		85		—		85		—
Funds in investments and other assets:
Israeli pension assets		15,031		—		15,031		—
Derivatives — interest rate hedge —non-current		8,170		—		8,170		—

Total assets	$	274,666	$	1,193	$	273,473	$	—

Liabilities:
Derivatives — currency forward contracts	$	8,273	$	—	$	8,273	$	—

Reported as follows:
Assets:
Cash and cash equivalents⁽¹⁾	$	44,207	$	1,075	$	43,132	$	—
Restricted cash		118		118		—		—
Short-term investments		200,614		—		200,614		—
Other current assets		85		—		85		—

Total current assets	$	245,024	$	1,193	$	243,831	$	—

Long-term investments⁽²⁾	$	6,441	$	—	$	6,441	$	—
Other assets		23,201		—		23,201		—

Total long-term assets	$	29,642	$	—	$	29,642	$	—

Liabilities:
Other current liabilities	$	8,273	$	—	$	8,273	$	—

⁽¹⁾

The cash and cash equivalent amounts presented in the table above do not include cash of $294,903 and non-negotiable time deposits of $1,660 as of March 31, 2018.

⁽²⁾

The long-term investments presented in the table above do not include the Company’s 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, 2017 and are summarized as follows:


			Fair Value Measurements at Reporting Date Using
Description	December 31, 2017		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents:
Money market funds	$	4,987	$	4,987	$	—	$	—
Time deposits and certificates of deposit		2,100		—		2,100		—
Commercial paper		30,475		—		30,475		—
Restricted cash — money market funds		119		119		—		—
Available-for-sale investments:
Time deposits and certificates of deposit		9,757		—		9,757		—
Bankers acceptance drafts		5,330		—		5,330		—
Asset-backed securities		36,990		—		36,990		—
Commercial paper		13,750		—		13,750		—
Corporate obligations		77,821		—		77,821		—
Municipal bonds		1,970		—		1,970		—
U.S. treasury obligations		28,078		—		28,078		—
U.S. agency obligations		35,738		—		35,738		—
Group insurance contracts		6,255		—		6,255		—
Derivatives — currency forward contracts		168		—		168		—
Funds in investments and other assets:
Israeli pension assets		15,048		—		15,048		—
Derivatives — interest rate hedge — non-current		6,179		—		6,179		—

Total assets	$	274,765	$	5,106	$	269,659	$	—

Liabilities:
Derivatives — currency forward contracts	$	6,198	$	—	$	6,198	$	—

Total liabilities	$	6,198	$	—	$	6,198	$	—

Assets:
Cash and cash equivalents⁽¹⁾	$	37,562	$	4,987	$	32,575	$	—
Restricted cash		119		119		—		—
Short-term investments		209,434		—		209,434		—
Other current assets		168		—		168		—

Total current assets	$	247,283	$	5,106	$	242,177	$	—

Long-term investments⁽²⁾	$	6,255	$	—	$	6,255	$	—
Other assets		21,227		—		21,227		—

Total long-term assets	$	27,482	$	—	$	27,482	$	—

Liabilities:
Other current liabilities	$	6,198	$	—	$	6,198	$	—

⁽¹⁾

The cash and cash equivalent amounts presented in the table above do not include cash of $292,808 and non-negotiable time deposits of $3,398 as of December 31, 2017.

⁽²⁾

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