XML 10 R28.htm IDEA: XBRL DOCUMENT v3.20.1
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments Measured at Fair Value
The following table represents the fair value of the Company’s financial instruments, including those measured at fair value on a recurring basis, as of March 31, 2020 and December 31, 2019 as well as those held-to-maturity as of December 31, 2019 (in thousands):
March 31, 2020December 31, 2019
 Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Cash equivalents: 
Money market funds$323,349  $—  $—  $323,349  $126,700  $—  $—  $126,700  
Commercial paper—  9,981  —  9,981  —  —  —  —  
Marketable securities:
Commercial paper—  86,695  —  86,695  —  130,472  —  130,472  
Corporate bonds—  39,423  —  39,423  —  85,611  —  85,611  
Agency bonds—  —  —  —  —  79,750  —  79,750  
Total cash equivalents and marketable securities$323,349  $136,099  $—  $459,448  $126,700  $295,833  $—  $422,533