Cash, cash equivalents and restricted cash

9 Months Ended

Sep. 30, 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:

	September 30,		December 31,
	2019			2018
	(in thousands)
Cash and cash equivalents	$	155,317	$	177,993
Short-term and long-term restricted cash		6,856		6,909
Total cash, cash equivalents and restricted cash	$	162,173	$	184,902

As of September 30, 2019, we had $6.9 million in restricted cash which relates to a $5.9 million letter of credit serving as security for the lease of our corporate headquarters in Beverly, Massachusetts, a $0.7 million letter of credit relating to workers’ compensation insurance, a $0.2 million deposit securing a bank guarantee of our performance relating to a customer payment and a $0.1 million deposit relating to customs activity.