Fair Value of Financial Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value on Recurring Basis

The following tables present information about the Company’s assets that are measured at fair value on a recurring basis as of March 31, 2016 and December 31, 2015 and indicate the level of the fair value hierarchy utilized to determine such fair value:

	Fair Value Measurements as of March 31, 2016 Using:
(In thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	—	$	57,182	$	—	$	57,182
Marketable securities		—		42,462		—		42,462
	$	—	$	99,644	$	—	$	99,644
	Fair Value Measurements as of December 31, 2015 Using:
(In thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	—	$	61,534	$	—	$	61,534
Marketable securities		—		55,660		—		55,660
	$	—	$	117,194	$	—	$	117,194