XML 42 R28.htm IDEA: XBRL DOCUMENT
v3.22.1

CASH EQUIVALENTS AND MARKETABLE SECURITIES (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Cash and Cash Equivalents [Abstract] |
Debt Securities, Available-for-sale | The marketable securities consist of the following (in thousands):
| As of March 31, 2022 |  |
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash and Cash Equivalents |  | Marketable Securities |  |
Money market funds | $ | 193,627 |  |  | $ | — |  |  | $ | — |  |  | $ | 193,627 |  |  | $ | 193,627 |  |  | $ | — |  |  |
Certificate of Deposit | 6,000 |  |  | — |  |  | (1) |  |  | 5,999 |  |  | — |  |  | 5,999 |  |  |
Commercial paper | 164,243 |  |  | — |  |  | (379) |  |  | 163,864 |  |  | — |  |  | 163,864 |  |  |
Corporate notes and bonds | 164,858 |  |  | 1 |  |  | (2,860) |  |  | 161,999 |  |  | — |  |  | 161,999 |  |  |
U.S. Government agency securities | 486,902 |  |  | — |  |  | (7,143) |  |  | 479,759 |  |  | — |  |  | 479,759 |  |  |
Total | $ | 1,015,630 |  |  | $ | 1 |  |  | $ | (10,383) |  |  | $ | 1,005,248 |  |  | $ | 193,627 |  |  | $ | 811,621 |  |  |
| As of December 31, 2021
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash and Cash Equivalents |  | Marketable Securities
Money market funds | $ | 35,789 |  |  | $ | — |  |  | $ | — |  |  | $ | 35,789 |  |  | $ | 35,789 |  |  | $ | — |
Certificate of Deposit | 16,001 |  |  | — |  |  | (2) |  |  | 15,999 |  |  | 6,000 |  |  | 9,999 |
Commercial paper | 215,964 |  |  | — |  |  | (114) |  |  | 215,850 |  |  | 26,997 |  |  | 188,853 |
Corporate notes and bonds | 199,244 |  |  | — |  |  | (872) |  |  | 198,372 |  |  | 760 |  |  | 197,612 |
U.S. Treasuries | 14,999 |  |  | — |  |  | (1) |  |  | 14,998 |  |  | — |  |  | 14,998 |
U.S. Government agency securities | 487,743 |  |  | — |  |  | (1,870) |  |  | 485,873 |  |  | — |  |  | 485,873 |
Total | $ | 969,740 |  |  | $ | — |  |  | $ | (2,859) |  |  | $ | 966,881 |  |  | $ | 69,546 |  |  | $ | 897,335 |
Investments Classified by Contractual Maturity Date | The following table summarizes the contractual maturities of the Company’s marketable securities as of March 31, 2022 (in thousands):
|  | Amortized Cost |  | Fair Value
Due within one year |  | $ | 692,296 |  |  | $ | 689,588 |
Due within one to three years |  | 323,334 |  |  | 315,660 |
Total |  | $ | 1,015,630 |  |  | $ | 1,005,248 |

X
- References No definition available. + Details
Name: | us-gaap_CashAndCashEquivalentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration