XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.23.2

CASH EQUIVALENTS AND MARKETABLE SECURITIES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Cash and Cash Equivalents [Abstract] |
Debt Securities, Available-for-sale | The cash equivalents and marketable securities consist of the following:
| As of June 30, 2023 |  |
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities |  |
| (In thousands) |  |
Money market funds | $ | 134,398 |  |  | $ | — |  |  | $ | — |  |  | $ | 134,398 |  |  | $ | 134,398 |  |  | $ | — |  |  |
Certificates of deposit | 49,544 |  |  | 3 |  |  | (76) |  |  | 49,471 |  |  | — |  |  | 49,471 |  |  |
Commercial paper | 119,203 |  |  | — |  |  | (306) |  |  | 118,897 |  |  | — |  |  | 118,897 |  |  |
Corporate notes and bonds | 339,972 |  |  | 29 |  |  | (3,148) |  |  | 336,853 |  |  | — |  |  | 336,853 |  |  |
U.S. Treasuries | 354,112 |  |  | 35 |  |  | (398) |  |  | 353,749 |  |  | — |  |  | 353,749 |  |  |
U.S. Government agency securities | 666,104 |  |  | 166 |  |  | (3,424) |  |  | 662,846 |  |  | — |  |  | 662,846 |  |  |
Total | $ | 1,663,333 |  |  | $ | 233 |  |  | $ | (7,352) |  |  | $ | 1,656,214 |  |  | $ | 134,398 |  |  | $ | 1,521,816 |  |  |
| As of December 31, 2022
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities
| (In thousands)
Money market funds | $ | 165,407 |  |  | $ | — |  |  | $ | — |  |  | $ | 165,407 |  |  | $ | 165,407 |  |  | $ | — |
Certificates of deposit | 31,874 |  |  | 13 |  |  | (130) |  |  | 31,757 |  |  | — |  |  | 31,757 |
Commercial paper | 148,832 |  |  | 10 |  |  | (171) |  |  | 148,671 |  |  | 50,764 |  |  | 97,907 |
Corporate notes and bonds | 168,887 |  |  | 2 |  |  | (3,313) |  |  | 165,576 |  |  | — |  |  | 165,576 |
U.S. Treasuries | 301,349 |  |  | 8 |  |  | (132) |  |  | 301,225 |  |  | 4,094 |  |  | 297,131 |
U.S. Government agency securities | 554,035 |  |  | — |  |  | (6,807) |  |  | 547,228 |  |  | — |  |  | 547,228 |
Total | $ | 1,370,384 |  |  | $ | 33 |  |  | $ | (10,553) |  |  | $ | 1,359,864 |  |  | $ | 220,265 |  |  | $ | 1,139,599 |
Investments Classified by Contractual Maturity Date | The following table summarizes the contractual maturities of the Company’s cash equivalents and marketable securities as of June 30, 2023:
| Amortized Cost |  | Fair Value
| (In thousands)
Due within one year | $ | 1,357,928 |  |  | $ | 1,352,679 |
Due within one to three years | 305,405 |  |  | 303,535 |
Total | $ | 1,663,333 |  |  | $ | 1,656,214 |

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 -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-9 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aa) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 + 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