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Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Fair Value, Assets and Liabilities Measured on Recurring Basis
The following tables summarize assets and liabilities measured at fair value on a recurring basis as of June 30, 2019:
 
As of June 30, 2019
 
Total
 
Quoted market
prices in active
markets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
(In thousands)
Assets:
 
 
 
 
 
 
 
Cash equivalents: money-market funds
$
51,250

 
$
51,250

 
$
—

 
$
—

Available-for-sale investments: certificates of deposit (1)
149

 
—

 
149

 
—

Trading securities: mutual funds (1)
3,551

 
3,551

 
—

 
—

Foreign currency forward contracts (2)
595

 
—

 
595

 
—

Total assets measured at fair value
$
55,545

 
$
54,801

 
$
744

 
$
—

Liabilities:
 
 
 
 
 
 
 
Foreign currency forward contracts (3)
$
330

 
$
—

 
$
330

 
$
—

Contingent considerations (4)
5,953

 
—

 
—

 
5,953

Total liabilities measured at fair value
$
6,283

 
$
—

 
$
330

 
$
5,953


_________________________
(1) 
Included in Short-term investments on the Company’s unaudited condensed consolidated balance sheets.
(2) 
Included in Prepaid expenses and other current assets on the Company’s unaudited condensed consolidated balance sheets.
(3) 
Included in Other accrued liabilities on the Company’s unaudited condensed consolidated balance sheets.
(4) 
Included in Other non-current accrued liabilities on the Company’s unaudited condensed consolidated balance sheets. The contingent consideration represents the estimated fair value of the additional variable cash consideration payable in connection with the acquisition of Meural that is contingent upon the achievement of certain technical and service revenue milestones. Refer to Note 5. Business Acquisition, regarding detailed disclosures on the determination of fair value of the contingent consideration.
The following tables summarize assets and liabilities measured at fair value on a recurring basis as of December 31, 2018:
 
As of December 31, 2018
 
Total
 
Quoted market
prices in active
markets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
(In thousands)
Assets:
 
 
 
 
 
 
 
Cash equivalents: money-market funds
$
22,573

 
$
22,573

 
$
—

 
$
—

Available-for-sale debt investments: U.S. treasuries (1)
70,314

 
—

 
70,314

 
—

Available-for-sale investments: certificates of deposit (1)
149

 
—

 
149

 
—

Trading securities: mutual funds (1)
2,854

 
2,854

 
—

 
—

Foreign currency forward contracts (2)
786

 
—

 
786

 
—

Total assets measured at fair value
$
96,676

 
$
25,427

 
$
71,249

 
$
—

Liabilities:
 
 
 
 
 
 
 
Foreign currency forward contracts (3)
$
368

 
$
—

 
$
368

 
$
—

Contingent considerations (4)
5,953

 
—

 
—

 
5,953

Total liabilities measured at fair value
$
6,321

 
$
—

 
$
368

 
$
5,953


_________________________
(1) 
Included in Short-term investments on the Company’s unaudited condensed consolidated balance sheets.
(2) 
Included in Prepaid expenses and other current assets on the Company’s unaudited condensed consolidated balance sheets.
(3) 
Included in Other accrued liabilities on the Company’s unaudited condensed consolidated balance sheets.
(4) 
Included in Other non-current accrued liabilities on the Company’s unaudited condensed consolidated balance sheets. The contingent consideration represents the estimated fair value of the additional variable cash consideration payable in connection with the acquisition of Meural that is contingent upon the achievement of certain technical and service revenue milestones. Refer to Note 5. Business Acquisition, regarding detailed disclosures on the determination of fair value of the contingent consideration.