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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2019
Investments Debt And Equity Securities [Abstract]  
Summary of Fair Value of Available-for-Sale Marketable Securities by Type of Security

As of June 30, 2019 and December 31, 2018 the fair value of available-for-sale marketable securities by type of security was as follows:

 

 

 

June 30, 2019

 

(In thousands)

 

Amortized Cost

 

 

Gross Unrealized

Gains

 

 

Gross Unrealized

Losses

 

 

Fair Value

 

Commercial paper

 

$

1,996

 

 

 

 

 

 

 

 

 

 

$

1,996

 

U.S. government obligations

 

 

64,727

 

 

 

80

 

 

 

 

 

 

 

64,807

 

Corporate bonds

 

 

63,908

 

 

 

150

 

 

 

 

 

 

 

64,058

 

 

 

$

130,631

 

 

$

230

 

 

$

 

 

$

130,861

 

 

 

 

December 31, 2018

 

(In thousands)

 

Amortized Cost

 

 

Gross Unrealized

Gains

 

 

Gross Unrealized

Losses

 

 

Fair Value

 

Commercial paper

 

$

36,723

 

 

$

 

 

$

 

 

$

36,723

 

U.S. government obligations

 

 

39,910

 

 

 

 

 

 

(12

)

 

 

39,898

 

Corporate bonds

 

 

94,999

 

 

 

20

 

 

 

(85

)

 

 

94,934

 

 

 

$

171,632

 

 

$

20

 

 

$

(97

)

 

$

171,555