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Investments
9 Months Ended
Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]  
Investments
Investments
Cash, cash equivalents and investments as of September 30, 2016 included the following:
 
(in thousands)
AMORTIZED
COST
 
GROSS
UNREALIZED
GAINS
 
GROSS
UNREALIZED
LOSSES
 
FAIR
VALUE
Cash and cash equivalents:
 
 
 
 
 
 
 
Cash and money market accounts
$
206,708

 
$

 
$

 
$
206,708

Certificates of deposit
480

 

 

 
480

Commercial paper
1,499

 

 

 
1,499

Corporate bonds
1,251

 

 

 
1,251

Government agencies
2,000

 

 

 
2,000

Total cash and cash equivalents
$
211,938

 
$

 
$

 
$
211,938

Investments:
 
 
 
 
 
 
 
Certificates of deposit (due within 1 year)
$
10,280

 
$
11

 
$
(1
)
 
$
10,290

Commercial paper (due within 1 year)
1,500

 

 

 
1,500

Corporate bonds (due within 1 year)
25,417

 
1

 
(26
)
 
25,392

Corporate bonds (due within 2 years)
1,970

 

 

 
1,970

Government agencies (due within 1 year)
4,510

 
2

 

 
4,512

Total investments
$
43,677

 
$
14

 
$
(27
)
 
$
43,664

Total cash, cash equivalents, and investments
$
255,615

 
$
14

 
$
(27
)
 
$
255,602


Cash, cash equivalents and investments as of December 31, 2015 included the following:
 
(in thousands)
AMORTIZED
COST
 
GROSS
UNREALIZED
GAINS
 
GROSS
UNREALIZED
LOSSES
 
FAIR
VALUE
Cash and cash equivalents:
 
 
 
 
 
 
 
Cash and money market accounts
$
91,060

 
$

 
$

 
$
91,060

Total cash and cash equivalents
$
91,060

 
$

 
$

 
$
91,060

Investments:
 
 
 
 
 
 
 
Certificates of deposit (due within 1 year)
$
13,611

 
$
1

 
$
(7
)
 
$
13,605

Certificates of deposit (due within 2 years)
4,760

 

 
(10
)
 
4,750

Commercial paper (due within 1 year)
5,977

 

 
(11
)
 
5,966

Corporate bonds (due within 1 year)
24,002

 

 
(65
)
 
23,937

Corporate bonds (due within 2 years)
9,142

 

 
(84
)
 
9,058

Government agencies (due within 1 year)
1,997

 

 
(3
)
 
1,994

Total investments
$
59,489

 
$
1

 
$
(180
)
 
$
59,310

Total cash, cash equivalents, and investments
$
150,549

 
$
1

 
$
(180
)
 
$
150,370