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Cash Equivalents and Investments (Tables)
6 Months Ended
Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments

Investments held at June 30, 2017 and December 31, 2016 are summarized as follows (in thousands):

 

     June 30, 2017      December 31, 2016  
     Short-Term      Long-Term      Short-Term      Long-Term  

Municipal debt securities

   $ 7,686      $ 49,316      $ 10,306      $ 46,513  

Federal home loan securities

     2,250        32,500        —          28,747  

Certificates of deposit

     1,225        4,470        980        3,715  
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 11,161      $ 86,286      $ 11,286      $ 78,975  
  

 

 

    

 

 

    

 

 

    

 

 

 
Schedule of Contractual Maturities of Long-Term Investments

Contractual maturities of long-term investments are summarized as follows (in thousands):

 

     June 30, 2017      December 31, 2016  

Due after one year through five years

   $ 79,718      $ 70,005  

Due after five years through seven years

     6,568        8,970  
  

 

 

    

 

 

 
   $ 86,286      $ 78,975