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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Schedule for Available-for-Sale Securities

The following is a summary of available-for-sale securities as of December 31, 2019 (in thousands):

    

    

Gross

    

Gross Unrealized

    

Estimated Fair

Amortized Cost

Unrealized Gain

(Losses)

Value  

Corporate debt securities

$

42,584

$

165

$

(40)

$

42,709

Tax-exempt municipal securities

 

23,301

 

112

 

(215)

 

23,198

Variable rate demand notes

 

5,600

 

 

 

5,600

Total

$

71,485

$

277

$

(255)

$

71,507

The following is a summary of available-for-sale securities as of December 31, 2018 (in thousands):

    

    

Gross

    

Gross Unrealized

    

Estimated Fair

Amortized Cost

Unrealized Gain

(Losses)  

Value  

Corporate debt securities

$

48,202

$

12

$

(284)

$

47,930

Tax-exempt municipal securities

 

22,858

 

45

 

(34)

 

22,869

Variable rate demand notes

 

4,000

 

 

 

4,000

Total

$

75,060

$

57

$

(318)

$

74,799

Schedule of Maturities of Marketable Securities

The following table summarizes the maturities of the Company’s marketable securities as of December 31, 2018 and 2019 (in thousands):

    

December 31, 2018

    

December 31, 2019

Due within one year

$

37,121

$

34,874

Due after one year through five years

 

37,678

 

36,633

Total

$

74,799

$

71,507