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Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2023
Investments, All Other Investments [Abstract]  
Cash and Cash Equivalents
The following tables summarize our cash and cash equivalents, and marketable securities on our Consolidated Balance Sheets as of September 30, 2023 and December 31, 2022 (in thousands):
Reported as:
September 30, 2023Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair ValueCash and Cash EquivalentsMarketable securities, short-termMarketable securities, long-term
Cash$988,029 $— $— $988,029 $988,029 $— $— 
Money market funds250,984 — — 250,984 250,984 — — 
Corporate bonds44,572 — (1,160)43,412 — 31,828 11,584 
U.S. government treasury bonds
11,394 — (235)11,159 — 6,503 4,656 
Asset-backed securities2,477 — (7)2,470 — 1,582 888 
Municipal bonds701 — (10)691 — 691 — 
U.S. government agency bonds5,263 — (66)5,197 — 4,188 1,009 
Total$1,303,420 $— $(1,478)$1,301,942 $1,239,013 $44,792 $18,137 

Reported as:
December 31, 2022Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair ValueCash and Cash EquivalentsMarketable securities, short-termMarketable securities, long-term
Cash$712,921 $— $— $712,921 $712,921 $— $— 
Money market funds229,129 — — 229,129 229,129 — — 
Corporate bonds69,390 — (2,915)66,475 — 36,510 29,965 
U.S. government treasury bonds
20,559 — (549)20,010 — 15,404 4,606 
Asset-backed securities4,514 1 (37)4,478 — 2,909 1,569 
Municipal bonds3,447 — (61)3,386 — 2,711 675 
U.S. government agency bonds5,231 1 (69)5,163 — — 5,163 
Total$1,045,191 $2 $(3,631)$1,041,562 $942,050 $57,534 $41,978 
Marketable Securities
The following tables summarize our cash and cash equivalents, and marketable securities on our Consolidated Balance Sheets as of September 30, 2023 and December 31, 2022 (in thousands):
Reported as:
September 30, 2023Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair ValueCash and Cash EquivalentsMarketable securities, short-termMarketable securities, long-term
Cash$988,029 $— $— $988,029 $988,029 $— $— 
Money market funds250,984 — — 250,984 250,984 — — 
Corporate bonds44,572 — (1,160)43,412 — 31,828 11,584 
U.S. government treasury bonds
11,394 — (235)11,159 — 6,503 4,656 
Asset-backed securities2,477 — (7)2,470 — 1,582 888 
Municipal bonds701 — (10)691 — 691 — 
U.S. government agency bonds5,263 — (66)5,197 — 4,188 1,009 
Total$1,303,420 $— $(1,478)$1,301,942 $1,239,013 $44,792 $18,137 

Reported as:
December 31, 2022Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair ValueCash and Cash EquivalentsMarketable securities, short-termMarketable securities, long-term
Cash$712,921 $— $— $712,921 $712,921 $— $— 
Money market funds229,129 — — 229,129 229,129 — — 
Corporate bonds69,390 — (2,915)66,475 — 36,510 29,965 
U.S. government treasury bonds
20,559 — (549)20,010 — 15,404 4,606 
Asset-backed securities4,514 1 (37)4,478 — 2,909 1,569 
Municipal bonds3,447 — (61)3,386 — 2,711 675 
U.S. government agency bonds5,231 1 (69)5,163 — — 5,163 
Total$1,045,191 $2 $(3,631)$1,041,562 $942,050 $57,534 $41,978 
Contractual Maturity of Marketable Securities
The following table summarizes the fair value of our available-for-sale marketable securities classified by contractual maturity as of September 30, 2023 and December 31, 2022 (in thousands):

September 30, 2023December 31, 2022
Due in 1 year or less $42,847 $51,037 
Due in 1 year through 5 years20,082 48,475 
Total$62,929 $99,512 
Unrealized Losses for Investments in a Continuous Unrealized Loss Position
The following tables summarize the gross unrealized losses as of September 30, 2023 and December 31, 2022, aggregated by investment category and length of time that individual securities have been in a continuous loss position (in thousands):

As of September 30, 2023
Less than 12 months12 Months of GreaterTotal
September 30, 2023Fair ValueUnrealized LossFair ValueUnrealized LossFair ValueUnrealized Loss
Corporate bonds$2,509 $(11)$40,608 $(1,149)$43,117 $(1,160)
U.S. government treasury bonds
1,995 (43)9,163 (192)11,158 (235)
Asset-backed securities1,975 (4)495 (3)2,470 (7)
Municipal bonds— — 691 (10)691 (10)
U.S. government agency bonds4,030 (28)1,166 (38)5,196 (66)
Total$10,509 $(86)$52,123 $(1,392)$62,632 $(1,478)

As of December 31, 2022
Less than 12 months12 Months of GreaterTotal
December 31, 2022Fair ValueUnrealized LossFair ValueUnrealized LossFair ValueUnrealized Loss
Corporate bonds$10,639 $(440)$54,634 $(2,475)$65,273 $(2,915)
U.S. government treasury bonds
5,262 (177)14,748 (372)20,010 (549)
Asset-backed securities2,636 (17)1,275 (20)3,911 (37)
Municipal bonds— — 2,412 (61)2,412 (61)
U.S. government agency bonds3,017 (5)1,136 (64)4,153 (69)
Total$21,554 $(639)$74,205 $(2,992)$95,759 $(3,631)
Financial Assets Measured At Fair Value On A Recurring Basis
The following tables summarize our financial assets measured at fair value as of September 30, 2023 and December 31, 2022 (in thousands):
DescriptionBalance as of
September 30, 2023		Level 1

Level 2
Cash equivalents:
Money market funds$250,984 $250,984 $— 
Short-term investments:
U.S. government agency bonds4,188 — 4,188 
U.S. government treasury bonds6,503 6,503 — 
Corporate bonds31,828 — 31,828 
Municipal bonds691 — 691 
Asset-backed securities1,582 — 1,582 
Long-term investments:
U.S. government treasury bonds4,656 4,656 — 
Corporate bonds11,584 — 11,584 
U.S. government agency bonds1,009 — 1,009 
Asset-backed securities888 — 888 
$313,913 $262,143 $51,770 

DescriptionBalance as of December 31, 2022Level 1Level 2
Cash equivalents:
Money market funds$229,129 $229,129 $— 
Short-term investments:
U.S. government treasury bonds15,404 15,404 — 
Corporate bonds36,510 — 36,510 
Municipal bonds2,711 — 2,711 
Asset-backed securities2,909 — 2,909 
Long-term investments:
U.S. government treasury bonds
4,606 4,606 — 
Corporate bonds29,965 — 29,965 
Municipal bonds
675 — 675 
U.S. government agency bonds
5,163 — 5,163 
Asset-backed securities
1,569 — 1,569 
$328,641 $249,139 $79,502 
Schedule of Notional Amounts of Outstanding Derivative Positions
The following tables present the gross notional value of all our foreign exchange forward contracts outstanding as of September 30, 2023 and December 31, 2022 (in thousands):

September 30, 2023
Local Currency AmountNotional Contract Amount (USD)
Euro€271,600$287,705 
Canadian DollarC$103,20076,384 
Polish ZlotyPLN293,20067,110 
British Pound£46,39856,620 
Chinese Yuan¥399,00054,764 
Swiss FrancCHF27,90030,615 
Japanese Yen¥4,400,00029,612 
Brazilian RealR$90,00017,861 
Mexican PesoM$230,00013,214 
Israeli ShekelILS50,30013,208 
New Zealand DollarNZ$8,7005,227 
Czech KorunaKč86,8003,762 
Australian DollarA$3,9702,567 
New Taiwan DollarNT$77,6002,405 
Korean Won₩1,400,0001,036 
$662,090 

December 31, 2022
Local Currency AmountNotional Contract Amount (USD)
Euro€186,900$200,010 
Polish ZlotyPLN365,98883,307 
Canadian DollarC$109,00080,514 
Chinese Yuan¥471,00068,223 
British Pound£41,20049,677 
Japanese Yen¥6,200,00047,196 
Israeli ShekelILS110,03031,383 
Swiss FrancCHF25,00027,165 
Brazilian RealR$141,20026,839 
Mexican PesoM$230,000 11,746 
New Zealand DollarNZ$6,0003,806 
Australian DollarA$4,0002,721 
Czech KorunaKč56,0002,469 
New Taiwan DollarNT$60,0001,959 
$637,015