Cash, cash equivalents and restricted cash

3 Months Ended

Mar. 31, 2019

Cash, cash equivalents and restricted cash

Cash, cash equivalents and restricted cash

Note 7. Cash, cash equivalents and restricted cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheet that sum to the total of the amounts shown in the statement of cash flows.

	March 31,		December 31,
	2019			2018
	(in thousands)
Cash and cash equivalents	$	163,104	$	177,993
Short-term and long-term restricted cash		6,864		6,909
Total cash, cash equivalents and restricted cash	$	169,968	$	184,902

As of March 31, 2019, we had $6.9 million in restricted cash which relates to a  $5.9 million letter of credit associated with a security deposit for the lease of our corporate headquarters in Beverly, Massachusetts, a $0.7 million letter of credit relating to workers’ compensation insurance, a bank guarantee of our performance relating to a  customer payment in the amount of $0.2 million and a $0.1 million deposit relating to customs activity.