Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Assets and Liabilities Subject to Fair Value Measurements on Recurring Basis

The following table sets forth the Company’s assets and liabilities that were measured at fair value as of September 30, 2014 and December 31, 2013, by level within the fair value hierarchy (in thousands):

	As of September 30, 2014
	Level I		Level II		Level III		Fair Value
Financial Assets:
Cash and cash equivalents:
Commercial paper	$	—	$	23,447	$	—	$	23,447
Bank deposits		—		11,017		—		11,017
Money market funds		12,829		—		—		12,829
Short-term investments:
Corporate debt obligations		—		25,125		—		25,125
Bank deposits		—		10,270		—		10,270
Total financial assets	$	12,829	$	69,859	$	—	$	82,688
Financial Liability:
Accrued and other current liabilities - Forward foreign exchange contracts	$	—	$	419	$	—	$	419

	As of December 31, 2013
	Level I		Level II		Level III		Fair Value
Financial Assets:
Cash and cash equivalents:
Commercial paper	$	—	$	21,947	$	—	$	21,947
Bank deposits		—		10,165		—		10,165
Money market funds		2,619		—		—		2,619
Short-term investments:
Corporate debt obligations		—		28,228		—		28,228
Bank deposits		—		10,153		—		10,153
Total financial assets	$	2,619	$	70,493	$	—	$	73,112