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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2018
Investments Debt And Equity Securities [Abstract]  
Summary of Fair Value of Available-for-Sale Marketable Securities by Type of Security

As of June 30, 2018 and December 31, 2017 the fair value of available-for-sale marketable securities by type of security was as follows:

 

 

 

June 30, 2018

 

(In thousands)

 

Amortized Cost

 

 

Gross Unrealized

Gains

 

 

Gross Unrealized

Losses

 

 

Fair Value

 

Commercial paper

 

 

12,938

 

 

 

 

 

 

 

 

 

12,938

 

U.S. government obligations

 

$

64,310

 

 

$

2

 

 

$

(89

)

 

$

64,223

 

Corporate bonds

 

 

88,897

 

 

 

 

 

 

(226

)

 

 

88,671

 

 

 

$

166,145

 

 

$

2

 

 

$

(315

)

 

$

165,832

 

 

 

 

December 31, 2017

 

(In thousands)

 

Amortized Cost

 

 

Gross Unrealized

Gains

 

 

Gross Unrealized

Losses

 

 

Fair Value

 

Commercial paper

 

$

22,436

 

 

$

 

 

$

 

 

$

22,436

 

U.S. government obligations

 

 

121,470

 

 

$

 

 

 

(136

)

 

 

121,334

 

Corporate bonds

 

 

152,630

 

 

$

 

 

 

(273

)

 

 

152,357

 

 

 

$

296,536

 

 

$

 

 

$

(409

)

 

$

296,127