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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of Company's Classified Assets Measured at Fair Value on Recurring Basis

At September 30, 2019 and December 31, 2018, the Company has classified assets measured at fair value on a recurring basis as follows (in thousands):

 

 

 

Fair Value Measurements at September 30, 2019

 

 

 

September 30,

 

 

Quoted Prices

in Active

Markets for

Identical

Assets

 

 

Significant

Other

Observable

Inputs

 

 

Significant

Unobservable

Inputs

 

Description

 

2019

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Money market funds (included in cash and cash equivalents)

 

$

16,691

 

 

$

16,691

 

 

$

 

 

$

 

Commercial paper (included in short-term investments)

 

 

36,205

 

 

 

 

 

 

36,205

 

 

 

 

Corporate debt securities (included short-term investments)

 

 

56,603

 

 

 

 

 

 

56,603

 

 

 

 

Corporate debt securities (included in long-term investments)

 

 

17,388

 

 

 

 

 

 

17,388

 

 

 

 

U.S. government agency securities and treasuries (included in long-term investments)

 

 

1,008

 

 

 

 

 

 

1,008

 

 

 

 

Total

 

$

127,895

 

 

$

16,691

 

 

$

111,204

 

 

$

 

 

 

 

Fair Value Measurements at December 31, 2018

 

 

 

December 31,

 

 

Quoted Prices

in Active

Markets for

Identical

Assets

 

 

Significant

Other

Observable

Inputs

 

 

Significant

Unobservable

Inputs

 

Description

 

2018

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Money market funds (included in cash and cash equivalents)

 

$

265

 

 

$

265

 

 

$

 

 

$

 

Commercial paper (included in short-term investments)

 

 

57,453

 

 

 

 

 

 

57,453

 

 

 

 

Corporate debt securities (included in short-term investments)

 

 

50,052

 

 

 

 

 

 

50,052

 

 

 

 

U.S. government agency securities and treasuries (included in short-term investments)

 

 

3,972

 

 

 

1,987

 

 

 

1,985

 

 

 

 

Total

 

$

111,742

 

 

$

2,252

 

 

$

109,490

 

 

$