General (Tables)

6 Months Ended

Jun. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

Derivative instruments measured at fair value and their classification on the consolidated balance sheets are presented in the following table (in thousands):

 

	Assets as of June 30, 2021 (unaudited)				Assets as of December 31, 2020
	Notional Amount		Fair Value		Notional Amount		Fair Value
Foreign exchange forward contract derivatives in cash flow hedging relationships included in prepaid expenses and other current assets	$	49,608	$	866	$	90,452	$	3,315
Foreign exchange forward contract derivatives for monetary items included in prepaid expenses and other current assets	$	24,447	$	92	$	33,977	$	17

Cash, Cash Equivalents and Investments

Cash, cash equivalents, marketable securities and short-term deposits consist of the following (in thousands):

 

	As of June 30, 2021
	(unaudited)
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Cash and cash equivalents
Money market funds	$	74,826	$	—	$	—	$	74,826
Total	$	74,826	$	—	$	—	$	74,826
Marketable securities
US Treasury securities	$	20,032	$	3	$	—	$	20,035
Total	$	20,032	$	3	$	—	$	20,035
Short-term deposits
Term bank deposits	$	12,276	$	—	$	—	$	12,276
Total	$	12,276	$	—	$	—	$	12,276

 

	As of December 31, 2020
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Cash and cash equivalents
Money market funds	$	10,712	$	—	$	—	$	10,712
Total	$	10,712	$	—	$	—	$	10,712
Marketable securities
US Treasury securities	$	34,113	$	4	*)		$	34,117
Total	$	34,113	$	4	*)		$	34,117
Short-term deposits
Term bank deposits	$	30,053	$	—	$	—	$	30,053
Total	$	30,053	$	—	$	—	$	30,053

*) Represents an amount lower than $1