XML 55 R19.htm IDEA: XBRL DOCUMENT v3.2.0.727
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments Measured at Fair Value on Recurring Basis
Financial instruments measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014 are classified based on the valuation technique in the table below:
 
 
June 30, 2015
 
 
 
 
Fair value measurements using
 
 
 
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
 
 
(In thousands)
Assets:
 
 
 
 
 
 
 
 
U.S. Treasury securities
 
$

 
$
18,998

 
$

 
$
18,998

Money market accounts
 
34,021

 

 

 
34,021

Total assets at fair value
 
$
34,021

 
$
18,998

 
$

 
$
53,019

The above table excludes $18.6 million of cash held in banks.
 
 
 
December 31, 2014
 
 
 
 
Fair value measurements using
 
 
 
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
 
 
(In thousands)
Assets:
 
 
 
 
 
 
 
 
U.S. Treasury securities
 
$

 
$
42,981

 
$

 
$
42,981

Money market accounts
 
11,524

 

 

 
11,524

Total assets at fair value
 
$
11,524

 
$
42,981

 
$

 
$
54,505

Schedule of Short-Term Investments
Short-term Investments
 
 
 
June 30, 2015
 
 
Amortized
Cost
 
Gross
Unrealized
Holding
Gains
 
Gross
Unrealized
Holding
Losses
 
Fair
Value
 
 
(In thousands)
U.S. Treasury securities
 
$
18,993

 
$
5

 
$

 
$
18,998

Total
 
$
18,993

 
$
5

 
$

 
$
18,998

 
 
December 31, 2014
 
 
Amortized
Cost
 
Gross
Unrealized
Holding
Gains
 
Gross
Unrealized
Holding
Losses
 
Fair
Value
 
 
(In thousands)
U.S. Treasury securities
 
$
42,980

 
$
1

 
$

 
$
42,981

Total
 
$
42,980

 
$
1

 
$

 
$
42,981