XML 50 R32.htm IDEA: XBRL DOCUMENT v3.20.4
Investments (Tables)
12 Months Ended
Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]  
Summary of Investments Classified as Available-for-sale
Our investments, which are all classified as available-for-sale, consisted of the following:
 As of December 31, 2020
 Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
 (in thousands)
Description:
U.S. Government agencies$83,596 $$(12)$83,587 
Corporate bonds24,162 31 (1)24,192 
Commercial paper34,766 — — 34,766 
Agency bonds3,998 — 3,999 
Asset-backed securities2,419 — — 2,419 
Total$148,941 $35 $(13)$148,963 

 As of December 31, 2019
 Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
 (in thousands)
Description:
U.S. Government agencies$36,880 $99 $— $36,979 
Commercial paper19,965 — 19,966 
Corporate bonds60,803 77 (2)60,878 
Agency bonds12,198 44 — 12,242 
Asset-backed securities8,986 (7)8,980 
Total$138,832 $222 $(9)$139,045 
As of December 31, 2020 and 2019, our available-for-sale investments had maturities ranging from 1 to 16 months and from 3 months to 2 years, respectively