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Marketable Securities
12 Months Ended
Sep. 30, 2019
Investments Debt And Equity Securities [Abstract]  
Marketable Securities

4. Marketable Securities

As of September 30, 2019 and 2018, the fair value of available-for-sale marketable securities, by type of security, was as follows:

 

 

September 30, 2019

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

 

 

(in thousands)

 

U.S. Treasury notes

 

$

170,519

 

 

$

60

 

 

$

(64

)

 

$

170,515

 

Corporate bonds

 

 

111,690

 

 

 

170

 

 

 

(23

)

 

 

111,837

 

Commercial paper

 

 

66,667

 

 

 

 

 

 

 

 

 

66,667

 

 

 

$

348,876

 

 

$

230

 

 

$

(87

)

 

$

349,019

 

 

 

 

September 30, 2018

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Commercial paper

 

$

113,885

 

 

$

 

 

$

 

 

$

113,885

 

Corporate bonds

 

 

105,105

 

 

 

1

 

 

 

(477

)

 

 

104,629

 

U.S. Treasury notes

 

 

42,801

 

 

 

 

 

 

(98

)

 

 

42,703

 

 

 

$

261,791

 

 

$

1

 

 

$

(575

)

 

$

261,217

 

 

As of September 30, 2019 and 2018, marketable securities consisted of investments that mature within one year, with the exception of certain corporate bonds and U.S. Treasury notes, which have maturities between one and three years and an aggregate fair value of $65,013 and $16,389, respectively.