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Cash Equivalents and Investments (Tables)
9 Months Ended
Sep. 30, 2018
Investments Debt And Equity Securities [Abstract]  
Amortized Cost and Fair Value of Cash Equivalents and Available for Sale Investments

The amortized cost and fair value of cash equivalents and available for sale investments at September 30, 2018 and December 31, 2017 were as follows (in thousands):

 

 

September 30, 2018

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair

Value

 

Money market funds

 

$

26,353

 

 

$

—

 

 

$

—

 

 

$

26,353

 

U.S. Treasury securities

 

 

79,489

 

 

 

-

 

 

 

(97

)

 

 

79,392

 

Agency bonds

 

 

27,675

 

 

 

—

 

 

 

(9

)

 

 

27,666

 

Commercial paper

 

 

62,872

 

 

 

-

 

 

 

(16

)

 

 

62,856

 

Corporate obligations

 

 

13,883

 

 

 

—

 

 

 

(4

)

 

 

13,879

 

 

 

$

210,272

 

 

$

-

 

 

$

(126

)

 

$

210,146

 

 

 

 

December 31, 2017

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair

Value

 

Cash equivalents

 

$

111,501

 

 

$

—

 

 

$

—

 

 

$

111,501

 

Short-term investments

 

$

143,895

 

 

$

—

 

 

$

(210

)

 

$

143,685

 

Long-term investments

 

$

16,538

 

 

$

—

 

 

$

(20

)

 

$

16,518