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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2016
Fair Value Disclosures [Abstract]  
Financial Assets or Liabilities Measured at Fair Value on Recurring Basis
In accordance with the fair value hierarchy, the following table shows the fair value as of September 30, 2016 and December 31, 2015 of those financial assets and liabilities that are measured at fair value on a recurring basis.
 
 
Quoted Prices in
Active Markets
(Level 1)
 
Other Observable
Inputs (Level 2)
 
Unobservable
Inputs (Level 3)
 
Total Fair Value
As of September 30, 2016:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
16,521

 
$

 
$

 
$
16,521

Corporate commercial paper, bonds and notes

 
1,250

 

 
1,250

Municipal bonds

 
330

 

 
330

Short-term investments:
 
 
 
 
 
 
 
Corporate commercial paper, stock, bonds and notes

 
32,684

 

 
32,684

Total assets at fair value
$
16,521

 
$
34,264

 
$

 
$
50,785


 
Quoted Prices in
Active Markets
(Level 1)
 
Other Observable
Inputs (Level 2)
 
Unobservable
Inputs (Level 3)
 
Total Fair Value
As of December 31, 2015:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
13,568

 
$

 
$

 
$
13,568

Corporate commercial paper, bonds and notes
2,001

 
7,998

 

 
9,999

Municipal bonds

 
7,850

 

 
7,850

Short-term investments:
 
 
 
 
 
 
 
Corporate commercial paper, stock, bonds and notes
2,644

 
46,456

 

 
49,100

Total assets at fair value
$
18,213

 
$
62,304

 
$

 
$
80,517