XML 178 R9.htm IDEA: XBRL DOCUMENT
v3.20.1

CASH EQUIVALENTS AND MARKETABLE SECURITIES | 3 Months Ended
--- | ---
Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract] |
CASH EQUIVALENTS AND MARKETABLE SECURITIES | CASH EQUIVALENTS AND MARKETABLE SECURITIES Cash Equivalents and Available-for-sale Securities The table below summarizes the Company’s cash equivalents and available-for-sale securities (in thousands):
|  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized (Losses) |  | Estimated Fair Value
March 31, 2020 |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |
Money market funds |  | $ | 59,609 |  |  | $ | — |  |  | $ | — |  |  | $ | 59,609 |
Total |  | 59,609 |  |  | — |  |  | — |  |  | 59,609 |
Available-for-sale securities: |  |  |  |  |  |  |  |
Commercial paper securities |  | 129,827 |  |  | 352 |  |  | — |  |  | 130,179 |
Corporate debt securities |  | 95,534 |  |  | 107 |  |  | (123) |  |  | 95,518 |
U.S. government-sponsored entity debt securities |  | 51,433 |  |  | 251 |  |  | — |  |  | 51,684 |
Total |  | 276,794 |  |  | 710 |  |  | (123) |  |  | 277,381 |
Total cash equivalents and available-for-sale securities |  | $ | 336,403 |  |  | $ | 710 |  |  | $ | (123) |  |  | $ | 336,990 |
December 31, 2019 |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |
Money market funds |  | $ | 30,496 |  |  | $ | — |  |  | $ | — |  |  | $ | 30,496 |
Commercial paper securities |  | 2,998 |  |  | 1 |  |  | — |  |  | 2,999 |
Total |  | 33,494 |  |  | 1 |  |  | — |  |  | 33,495 |
Available-for-sale securities: |  |  |  |  |  |  |  |
Commercial paper securities |  | 155,230 |  |  | 145 |  |  | (7) |  |  | 155,368 |
Corporate debt securities |  | 94,905 |  |  | 115 |  |  | (3) |  |  | 95,017 |
U.S. government-sponsored entity debt securities |  | 53,411 |  |  | 91 |  |  | (9) |  |  | 53,493 |
Total |  | 303,546 |  |  | 351 |  |  | (19) |  |  | 303,878 |
Total cash equivalents and available-for-sale securities |  | $ | 337,040 |  |  | $ | 352 |  |  | $ | (19) |  |  | $ | 337,373 |
The fair value of investments available-for-sale by contractual maturity were as follows (in thousands):
|  | March 31, 2020 |  | December 31, 2019
Maturing in one year or less |  | $ | 272,381 |  |  | $ | 282,046 |
Maturing after one year through five years |  | 5,000 |  |  | 21,832 |
Total |  | $ | 277,381 |  |  | $ | 303,878 |
The Company had no material realized losses of its available-for-sale securities for the three months ended March 31, 2020 or 2019. The Company periodically reviews the available-for-sale investments for other-than-temporary impairment loss. No investments were other-than-temporarily impaired at either March 31, 2020 or December 31, 2019.

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2209399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2324412 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2176304 + Details
Name: | us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration