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Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2018
Investments Debt And Equity Securities [Abstract]  
Cash Equivalents and Investments Classified as Available-for-sale Securities

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

 

 

 

September 30, 2018

 

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

Cost

 

 

Gain

 

 

(Loss)

 

 

Value

 

 

Cost

 

 

Gain

 

 

(Loss)

 

 

Value

 

Money market funds

 

$

15,062

 

 

$

 

 

$

 

 

$

15,062

 

 

$

31,836

 

 

$

 

 

$

 

 

$

31,836

 

Corporate notes and commercial paper

 

 

200,666

 

 

 

3

 

 

 

(238

)

 

 

200,431

 

 

 

313,307

 

 

 

2

 

 

 

(145

)

 

 

313,164

 

U.S. Treasury bills and government agency securities

 

 

148,837

 

 

 

 

 

 

(201

)

 

 

148,636

 

 

 

170,724

 

 

 

 

 

 

(266

)

 

 

170,458

 

 

 

$

364,565

 

 

$

3

 

 

$

(439

)

 

$

364,129

 

 

$

515,867

 

 

$

2

 

 

$

(411

)

 

$

515,458

 

Classified as:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

 

$

129,964

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

162,793

 

Short-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

223,284

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

281,589

 

Long-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,881

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

71,076

 

Total cash equivalents and investments

 

 

 

 

 

 

 

 

 

 

 

 

 

$

364,129

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

515,458