Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value Measurements

Schedule of financial instruments measured at fair value on recurring basis

	Actively Quoted		Significant
	Markets for		Other		Significant
	Identical		Observable		Unobservable		Balance at
	Assets		Inputs		Inputs		September 30,
	Level 1		Level 2		Level 3		2016
	(In thousands)
As of September 30, 2016:
Assets
Money market deposits	$	10,809	$	—	$	—	$	10,809
Commercial paper		—		34,717		—		34,717
Corporate debt securities		—		14,883		—		14,883
Corporate equity securities		—		15,002		—		15,002
Total	$	10,809	$	64,602	$	—	$	75,411

	Actively Quoted		Significant
	Markets for		Other		Significant
	Identical		Observable		Unobservable		Balance at
	Assets		Inputs		Inputs		December 31,
	Level 1		Level 2		Level 3		2015
	(In thousands)
As of December 31, 2015:
Assets
Money market deposits	$	13,928	$	—	$	—	$	13,928
Commercial paper		—		29,224		—		29,224
Corporate debt securities		—		22,359		—		22,359
Corporate equity securities		—		18,126		—		18,126
Total	$	13,928	$	69,709	$	—	$	83,637

Summary of available-for-sale marketable securities

	September 30, 2016
	Cost or		Gross		Gross		Total
	Amortized		Unrealized		Unrealized		Estimated
	Cost		Gains		Losses		Fair Value
	(In thousands)
Commercial paper	$	34,615	$	102	$	—	$	34,717
Corporate debt securities		14,885		3		(5)		14,883
Corporate equity securities		10,749		4,253		—		15,002
Total	$	60,249	$	4,358	$	(5)	$	64,602

	December 31, 2015
	Cost or		Gross		Gross		Total
	Amortized		Unrealized		Unrealized		Estimated
	Cost		Gains		Losses		Fair Value
	(In thousands)
Commercial paper	$	23,684	$	41	$	—	$	23,725
Corporate debt securities		20,569		—		(10)		20,559
Corporate equity securities		13,857		4,269		—		18,126
Total	$	58,110	$	4,310	$	(10)	$	62,410