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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents information about the Company’s financial instruments that are accounted for at fair value on a recurring basis at September 30, 2021 and December 31, 2020 (in thousands):

 

 

 

 

 

Fair Value

 

 

 

Fair Value
Category

 

September 30, 2021

 

 

December 31, 2020

 

Assets:

 

 

 

 

 

 

 

 

Money market funds

 

Level 1

 

$

4,378

 

 

$

1,010

 

Short-term investments

 

Level 2

 

 

98,510

 

 

 

104,870

 

Mutual Funds

 

Level 1

 

 

17,313

 

 

 

15,841

 

Financial Instruments Measured At Carrying Amount

The following table presents information about the Company’s financial instruments that are not carried at fair value at September 30, 2021 and December 31, 2020 (in thousands):

 

 

 

September 30, 2021

 

 

December 31, 2020

 

 

 

Carrying
Amount

 

 

Fair
Value

 

 

Carrying
Amount

 

 

Fair
Value

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

2023 Notes

 

 

 

 

 

 

 

 

750,000

 

 

 

756,225

 

2027 Notes

 

 

1,000,000

 

 

 

1,048,700

 

 

 

1,000,000

 

 

 

1,070,000