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MARKETABLE SECURITIES (Tables)
9 Months Ended
Sep. 30, 2018
Investments, Debt and Equity Securities [Abstract]  
Schedule of the Fair Value to Amortized Cost Basis of Securities Held-to-Maturity
The amortized cost, gross unrealized gains and losses, and fair value of securities held-to-maturity as of September 30, 2018 and December 31, 2017 were as follows (in thousands):
 
September 30, 2018
Short-term marketable securities:
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
Commercial paper
 
$
158,506

 
$

 
$

 
$
158,506

Corporate bonds
 
138,141

 

 
(174
)
 
137,967

U.S. government bonds
 
69,241

 

 
(33
)
 
69,208

Agency bonds
 
48,114

 

 
(67
)
 
48,047

Total short-term marketable securities
 
414,002

 

 
(274
)
 
413,728

Total marketable securities
 
$
414,002

 
$

 
$
(274
)
 
$
413,728


 
 
December 31, 2017
Short-term marketable securities:
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
Commercial paper
 
$
138,412

 
$
1

 
$
(1
)
 
$
138,412

Corporate bonds
 
45,006

 

 
(41
)
 
44,965

Agency bonds
 
78,958

 

 
(45
)
 
78,913

Agency discount bonds
 
$
10,990

 
$

 
$
(1
)
 
$
10,989

Total short-term marketable securities
 
$
273,366

 
$
1

 
$
(88
)
 
$
273,279

Long-term marketable securities:
 
 
 
 
 
 
 
 
Corporate bonds
 
$
25,032

 
$

 
$
(71
)
 
$
24,961

Total long-term marketable securities
 
$
25,032

 
$

 
$
(71
)
 
$
24,961

Total marketable securities
 
$
298,398

 
$
1

 
$
(159
)
 
$
298,240

Schedule of Securities in an Unrealized Loss Position
The following tables present gross unrealized losses and fair values for those securities that were in an unrealized loss position as of September 30, 2018 and December 31, 2017, aggregated by investment category and the length of time that the individual securities have been in a continuous loss position (in thousands):
 
September 30, 2018
 
Less Than 12 Months
 
12 Months or Greater
 
Total
 
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
Corporate bonds
$
132,992

 
$
(174
)
 
$

 
$

 
$
132,992

 
$
(174
)
Agency bonds
48,047

 
(67
)
 

 

 
48,047

 
(67
)
U.S. government bonds
69,208

 
(33
)
 

 

 
69,208

 
(33
)
Commercial paper

 

 

 

 

 

Total
$
250,247

 
$
(274
)
 
$

 
$

 
$
250,247

 
$
(274
)

 
December 31, 2017
 
Less Than 12 Months
 
12 Months or Greater
 
Total
 
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
 
Fair Value
 
Unrealized Loss
Agency bonds
$
78,913

 
$
(45
)
 
$

 
$

 
$
78,913

 
$
(45
)
Corporate bonds
62,927

 
(112
)
 

 

 
62,927

 
(112
)
Agency discount notes
10,989

 
(1
)
 

 

 
10,989

 
(1
)
Commercial paper
3,975

 
(1
)
 

 

 
3,975

 
(1
)
Total
$
156,804

 
$
(159
)
 
$

 
$

 
$
156,804

 
$
(159
)