Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value on a Recurring Basis

The following table presents our assets and liabilities measured at fair value on a recurring basis using the above input categories (in thousands):

	As of June 30, 2020								As of December 31, 2019
Description	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Cash equivalents:
Money market funds	$	96,874	$	—	$	—	$	96,874	$	24,246	$	—	$	—	$	24,246
Total cash equivalents	96,874		—		—		96,874		24,246		—		—		24,246
Short-term investments:
Certificates of deposit	—		3,997		—		3,997		—		5,145		—		5,145
Corporate notes and bonds	—		372,796		—		372,796		—		472,908		—		472,908
U.S. Treasuries	—		21,116		—		21,116		—		48,069		—		48,069
U.S. Government agencies	—		111,949		—		111,949		—		178,833		—		178,833
Total short-term investments	—		509,858		—		509,858		—		704,955		—		704,955
Total assets measured at fair value	$	96,874	$	509,858	$	—	$	606,732	$	24,246	$	704,955	$	—	$	729,201