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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Schedule of Cash Equivalents and Marketable Securities

As of December 31, 2015, the Company maintained only cash equivalents comprised of money market funds. Cash equivalents and marketable securities as of March 31, 2016 consisted of the following:

 

     March 31, 2016  

(in thousands)

   Amortized
Cost
     Unrealized
Gains
     Unrealized
Losses
     Fair
Value
 

Cash equivalents:

           

Money market funds

   $ 3,047       $       $       $ 3,047   

Commercial paper

     13,993                 (2      13,991   

Corporate debt securities

     9,002                 (1      9,001   

U.S. government agency securities

     9,999                         9,999   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total cash equivalents

   $ 36,041       $       $ (3    $ 36,038   
  

 

 

    

 

 

    

 

 

    

 

 

 

Marketable securities:

           

Commercial paper

   $ 43,929       $ —         $ (7      43,922   

Corporate debt securities

     21,254         —           (3      21,251   

U.S. government agency securities

     18,981         1         (2      18,980   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total marketable securities

   $ 84,164       $ 1       $ (12    $ 84,153