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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables show assets and liabilities measured at fair value on a recurring basis as of March 31, 2015 and December 31, 2014 and the input categories associated with those assets and liabilities:

 

(in thousands)                     

As of March 31, 2015

   Level 1      Level 2      Level 3  

Assets:

        

Cash equivalents – money market funds

   $ 23,798       $ —         $ —     

Investments – commercial paper

     —           6,497         —     

Investments – corporate debt securities

     —           56,441         —     

 

As of December 31, 2014

   Level 1      Level 2      Level 3  

Assets:

        

Cash equivalents – money market funds

   $ 33,199       $ —         $ —     

Investments – commercial paper

     —           6,491         —     

Investments – corporate debt securities

     —           81,849         —