Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Financial Instruments

Schedule of cash and available-for-sale investments' adjusted cost, gross unrealized gains, gross unrealized losses and fair value by significant investment category recorded as cash and cash equivalents or short- or long-term investments

The following tables show the Company’s cash and available-for-sale investments’ adjusted cost, gross unrealized gains, gross unrealized losses and fair value by significant investment category, recorded as cash and cash equivalents or short- or long-term investments as of March 31, 2016 and December 31, 2015 (in thousands):

	March 31, 2016
									Cash and
	Adjusted		Unrealized		Unrealized				Cash		Short-term		Long-term
	Cost		Gains		Losses		Fair Value		Equivalents		Investments		Investments
Cash	$	6,342	$	—	$	—	$	6,342	$	6,342	$	—	$	—
Level 1:
Money market funds		10,662		—		—		10,662		10,662		—		—
U.S. government notes		998		1		—		999		—		999		—
Subtotal		11,660		1		—		11,661		10,662		999		—
Level 2:
Asset-backed securities		5,334		3		—		5,337		—		28		5,308
Corporate bonds		22,887		11		(3)		22,895		—		21,473		1,424
U.S. agency securities		1,501		1		—		1,502		—		1,502		—
Subtotal		29,722		15		(3)		29,734		—		23,003		6,732
Total	$	47,724	$	16	$	(3)	$	47,737	$	17,004	$	24,002	$	6,732

	December 31, 2015
									Cash and
	Adjusted		Unrealized		Unrealized				Cash		Short-term		Long-term
	Cost		Gains		Losses		Fair Value		Equivalents		Investments		Investments
Cash	$	7,593	$	—	$	—	$	7,593	$	7,593	$	—	$	—
Level 1:
Money market funds		21,937		—		—		21,937		21,937		—		—
U.S. government notes		998		—		(2)		996		—		—		996
Subtotal		22,935		—		(2)		22,933		21,937		—		996
Level 2:
Asset-backed securities		6,739		—		(9)		6,730		—		—		6,730
Corporate bonds		39,195		2		(51)		39,146		—		33,156		5,990
Commercial paper		1,100		—		—		1,100		—		1,100		—
U.S. agency securities		3,506		—		(1)		3,505		—		3,505		—
Subtotal		50,540		2		(61)		50,481		—		37,761		12,720
Total	$	81,068	$	2	$	(63)	$	81,007	$	29,530	$	37,761	$	13,716

Schedule of pre-tax gains (losses) not designated as hedging instruments

The following table shows the pre-tax gains (losses) of the Company’s derivative instruments not designated as hedging instruments (in thousands):

		Three Months Ended
		March 31,
	Income Statement Location	2016		2015
Foreign exchange contracts	Other income (expense), net	$	(317)	$	-