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Balance Sheet Components (Tables)
9 Months Ended
Sep. 30, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of Cash and Cash Equivalents

Cash and cash equivalents consisted of the following (in thousands):

 

 

 

September 30, 2016

 

 

December 31, 2015

 

Cash

 

$

92,620

 

 

$

75,685

 

Money market funds

 

 

105,663

 

 

 

77,639

 

Total cash and cash equivalents

 

$

198,283

 

 

$

153,324

 

 

Summary of Amortized Cost, Gross Unrealized Holding Gains or Losses, and Fair Value of Available-for-Sale Investments

All investments are classified as available-for-sale. The amortized cost, gross unrealized holding gains or losses, and fair value of the Company’s available-for-sale investments by major investments type are summarized in the tables below (in thousands):

 

 

 

September 30, 2016

 

 

 

Amortized Cost

 

 

Gross Unrealized

Holding Gains

 

 

Gross Unrealized

Holding Losses

 

 

Fair Value

 

Corporate bonds

 

$

118,291

 

 

$

547

 

 

$

(7

)

 

$

118,831

 

Bond and mutual funds

 

 

23,049

 

 

 

152

 

 

 

 

 

 

23,201

 

Equity investments

 

 

125

 

 

 

95

 

 

 

 

 

 

220

 

Total investments

 

$

141,465

 

 

$

794

 

 

$

(7

)

 

$

142,252

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

 

 

Amortized Cost

 

 

Gross Unrealized

Holding Gains

 

 

Gross Unrealized

Holding Losses

 

 

Fair Value

 

Corporate bonds

 

$

126,522

 

 

$

54

 

 

$

(473

)

 

$

126,103

 

Certificate of deposits

 

 

8,217

 

 

 

 

 

 

(2

)

 

 

8,215

 

Bond and mutual funds

 

 

25,052

 

 

 

 

 

 

 

 

 

25,052

 

Equity investments

 

 

126

 

 

 

71

 

 

 

 

 

 

197

 

Total investments

 

$

159,917

 

 

$

125

 

 

$

(475

)

 

$

159,567

 

 

Schedule of Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):

 

 

 

September 30, 2016

 

 

December 31, 2015

 

Preclinical and clinical trial accruals

 

$

30,746

 

 

$

27,973

 

Payroll and related accruals

 

 

12,304

 

 

 

13,535

 

Professional services

 

 

1,730

 

 

 

1,662

 

Other

 

 

6,968

 

 

 

4,762

 

Total accrued liabilities

 

$

51,748

 

 

$

47,932