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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2020
Cash, Cash Equivalents And Marketable Securities [Abstract]  
Cash, Cash Equivalents, And Marketable Securities
The following table summarizes the Company’s cash, cash equivalents, and marketable securities and the fair value categorization of the financial instruments measured at fair value on a recurring basis:
As of December 31,
20202019
 (In thousands)
Cash $28,832 $33,238 
Time deposits4,176 3,924 
Money market funds (Level 1)129,627 149,624 
Debt securities issued by the U.S. Treasury (Level 1)1,013,679 1,040,678 
Total$1,176,314 $1,227,464 
Cash and cash equivalents $401,194 $508,196 
Restricted cash (included in Other long-term assets)9,407 9,405 
Total Cash, cash equivalents, and restricted cash410,601 517,601 
Marketable securities 765,713 709,863 
Total$1,176,314 $1,227,464