XML 49 R20.htm IDEA: XBRL DOCUMENT v3.21.1
CASH EQUIVALENTS AND MARKETABLE SECURITIES - (Tables)
 3 Months Ended
Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities
The table below summarizes the Company’s cash equivalents and marketable securities (in thousands):
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
(Losses)		Estimated
Fair Value
March 31, 2021
Assets
Cash equivalents:
Money market funds$47,635 $— $— $47,635 
Total47,635 — — 47,635 
Marketable securities:
Commercial paper securities177,101 53 — 177,154 
Corporate debt securities39,031 5 (14)39,022 
Certificate of deposits11,495 — (1)11,494 
Asset-backed securities36,419 7 (16)36,410 
U.S. government-sponsored entity debt securities242,401 59 — 242,460 
Total506,447 124 (31)506,540 
Total cash equivalents and marketable securities$554,082 $124 $(31)$554,175 
December 31, 2020
Assets
Cash equivalents:
Money market funds$53,165 $— $— $53,165 
Total53,165 — — 53,165 
Marketable securities:
Commercial paper securities213,500 41 (8)213,533 
Corporate debt securities59,575 16 (17)59,574 
Certificate of deposits12,311 — — 12,311 
Asset-backed securities17,905 10 (7)17,908 
U.S. government-sponsored entity debt securities257,284 19 (5)257,298 
Total560,575 86 (37)560,624 
Total cash equivalents and marketable securities$613,740 $86 $(37)$613,789 
Fair value of investments available-for-sale
The fair value of marketable securities by contractual maturity were as follows (in thousands):
March 31,
2021		December 31,
2020
Maturing in one year or less$464,109 $510,094 
Maturing after one year through five years42,431 50,530 
Total$506,540 $560,624