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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table sets forth the Company’s assets and liabilities that were measured at fair value as of September 30, 2018 and December 31, 2017 by level within the fair value hierarchy (in thousands):
 
 
As of September 30, 2018
(unaudited)
 
As of December 31, 2017
 
Level I
 
Level
II
 
Level III
 
Fair
Value
 
Level I
 
Level
II
 
Level III
 
Fair
Value
Financial assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds
2,284

 

 

 
2,284

 
6,870

 

 

 
6,870

Short-term investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US Treasury securities
39,851

 

 

 
39,851

 
39,731

 

 

 
39,731

Term bank deposits
50,363

 

 

 
50,363

 
40,137

 

 

 
40,137

Other current assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Forward foreign exchange contracts

 
35

 

 
35

 

 
163

 

 
163

Financial liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Forward foreign exchange contracts

 
(1,819
)
 

 
(1,819
)
 

 

 

 

Total financial assets (liabilities)
$
92,498

 
$
(1,784
)
 
$

 
$
90,714

 
$
86,738

 
$
163

 
$

 
$
86,901