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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Investments Debt And Equity Securities [Abstract]  
Cash Equivalents and Investments Classified as Available-for-sale Securities

Cash equivalents and short-term and long-term investments, all of which are classified as available-for-sale securities, consisted of the following (in thousands):

 

 

 

December 31, 2015

 

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

 

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

Cost

 

 

Gains

 

 

(Losses)

 

 

Value

 

 

Cost

 

 

Gains

 

 

(Losses)

 

 

Value

 

Money market funds

 

$

22,074

 

 

$

 

 

$

 

 

$

22,074

 

 

$

24,915

 

 

$

 

 

$

 

 

$

24,915

 

Corporate notes and commercial paper

 

 

242,089

 

 

 

3

 

 

 

(59

)

 

 

242,033

 

 

 

226,209

 

 

 

8

 

 

 

(170

)

 

 

226,047

 

U.S. government agency securities

 

 

180,970

 

 

 

1

 

 

 

(95

)

 

 

180,876

 

 

 

120,246

 

 

 

4

 

 

 

(81

)

 

 

120,169

 

 

 

$

445,133

 

 

$

4

 

 

$

(154

)

 

$

444,983

 

 

$

371,370

 

 

$

12

 

 

$

(251

)

 

$

371,131

 

Classified as:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

 

$

171,310

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

36,341

 

Short-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

257,713

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

251,759

 

Long-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15,960

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

83,030

 

Total cash equivalents and investments

 

 

 

 

 

 

 

 

 

 

 

 

 

$

444,983

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

371,131