XML 69 R33.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Schedule of cash, cash equivalents and short-term investments
At December 31, 2019 and 2018, the Company held cash, cash equivalents and short-term investments classified as available-for-sale securities as follows:
 
December 31, 2019
 
December 31, 2018
 
Amortized
Cost
 
Estimated
Fair Value
 
Amortized
Cost
 
Estimated
Fair Value
 
(in thousands)
 
 
 
 
 
 
Cash and cash equivalents
$
76,521

 
$
76,521

 
$
55,501

 
$
55,501

Money market funds
1,058

 
1,058

 
1,265

 
1,265

Certificates of deposit
198,561

 
198,663

 
95,080

 
95,038

Government debt securities
232,357

 
232,604

 
100,449

 
100,478

Corporate debt securities
365,792

 
367,051

 
186,571

 
186,208

Total
874,289

 
875,897

 
438,866

 
438,490

Less amounts classified as cash and cash equivalents
(77,579
)
 
(77,579
)
 
(56,766
)
 
(56,766
)
Short-term investments
$
796,710

 
$
798,318

 
$
382,100

 
$
381,724


Schedule of contractual maturities of short-term investments
The contractual maturities of short-term investments at December 31, 2019 and 2018 were as follows:
 
December 31, 2019
 
December 31, 2018
 
Amortized
Cost
 
Estimated
Fair Value
 
Amortized
Cost
 
Estimated
Fair Value
 
(in thousands)
Due in less than one year
$
424,616

 
$
425,053

 
$
281,303

 
$
280,959

Due in one to three years
372,094

 
373,265

 
100,797

 
100,765

 
$
796,710

 
$
798,318

 
$
382,100

 
$
381,724