XML 37 R27.htm IDEA: XBRL DOCUMENT

Cash, Cash Equivalents, Restricted Cash and Marketable Securities (Tables)

12 Months Ended

Dec. 31, 2023

Cash, Cash Equivalents, and Short-Term Investments [Abstract]

Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash and cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows (in thousands):


		December 31,
		2023				2022				2021
Cash and cash equivalents		$	150,279			$	202,004			$	436,189
Restricted cash (1)			277				207				219
Total cash and cash equivalents, and restricted cash shown in the consolidated statements of cash flows		$	150,556			$	202,211			$	436,408

(1) Restricted cash is included in "Other assets" in the Consolidated Balance Sheets.

Summary of Cash, Cash Equivalents and Marketable Securities

Cash and cash equivalents, and marketable securities consist of the following (in thousands):


		Amortized Cost				Unrealized Gains				Unrealized Losses				Estimated Fair Value
December 31, 2023
Cash and cash equivalents:
Cash		$	11,190			$	-			$	-			$	11,190
Money market funds			131,635				-				-				131,635
Corporate debt securities			7,453				1				-				7,454
Total cash and cash equivalents			150,278				1				-				150,279
Marketable securities available-for-sale:
U.S. treasuries			74,109				172				(44	)			74,237
U.S. government agency securities			216,265				692				(269	)			216,688
Corporate debt securities			300,803				315				(20	)			301,098
Total marketable securities available-for-sale			591,177				1,179				(333	)			592,023
Total cash and cash equivalents, and marketable securities		$	741,455			$	1,180			$	(333	)		$	742,302
December 31, 2022
Cash and cash equivalents:
Cash		$	29,586			$	-			$	-			$	29,586
Money market funds			172,418				-				-				172,418
Total cash and cash equivalents			202,004				-				-				202,004
Marketable securities available-for-sale:
U.S. treasuries			42,502				-				(194	)			42,308
U.S. government agency securities			88,429				-				(397	)			88,032
Corporate debt securities			292,865				12				(826	)			292,051
Total marketable securities available-for-sale			423,796				12				(1,417	)			422,391
Total cash and cash equivalents, and marketable securities		$	625,800			$	12			$	(1,417	)		$	624,395

Maturities of Marketable Securities Available-for-Sale

The maturities of our marketable securities available-for-sale are as follows (in thousands):


.		December 31, 2023
		Amortized Cost				Estimated Fair Value
Mature in one year or less		$	440,131			$	440,104
Mature after one year through two years			151,046				151,919
		$	591,177			$	592,023