General (Tables)

6 Months Ended

Jun. 30, 2022

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 (liabilities) as of June 30, 2022 (unaudited)				Assets (liabilities) as of December 31, 2021
	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 and accrued expenses and other short-term liabilities	$	129,375	$	(6,824)	$	115,710	$	6,083
Foreign exchange forward contract derivatives in cash flow hedging relationships included in long-term other liabilities	$	70,245	$	(1,076)	$	—	$	—
Foreign exchange forward contract derivatives for monetary items included in prepaid expenses and other current assets and accrued expenses and other short-term liabilities	$	22,522	$	135	$	42,056	$	(62)

Cash, Cash Equivalents and Investments

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

	As of June 30, 2022
	(unaudited)
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Cash and cash equivalents
Money market funds	$	580,758	$	—	$	—	$	580,758
Commercial paper	4,785		—		—		4,785
Corporate bonds	1,199		—		—		1,199
Total	$	586,742	$	—	$	—	$	586,742
Marketable securities
US Treasury securities	$	17,975	$	—	$	(17)	$	17,958
Commercial paper	8,378		—		—		8,378
Corporate bonds	2,401		—		(2)		2,399
Total	$	28,754	$	—	$	(19)	$	28,735
Short-term deposits
Term bank deposits	$	6,856	$	—	$	—	$	6,856
Total	$	6,856	$	—	$	—	$	6,856

	As of December 31, 2021
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Cash and cash equivalents
Money market funds	$	414,942	$	—	$	—	$	414,942
Total	$	414,942	$	—	$	—	$	414,942
Short-term deposits
Term bank deposits	$	1,850	$	—	$	—	$	1,850
Total	$	1,850	$	—	$	—	$	1,850