FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Assets and Liabilities Measured at Fair Value

The following table sets forth the Company’s assets that were measured at fair value as of September 30, 2020 and December 31, 2019, by level within the fair value hierarchy:

		Fair value measurements as of
	Fair Value	September 30,			December 31,
Description	Hierarchy	2020			2019


Assets:
Cash equivalents:
Money market mutual funds	Level 1	$	721,088		$	527

Derivative instruments asset:
Options and forward contracts not designated as hedging instruments	Level 2	$	780		$	-

Short-term marketable securities:
Corporate bonds	Level 2	$	109,173		$	91,845
Governmental bonds	Level 2	$	1,412		$	-

Long-term marketable securities:
Corporate bonds	Level 2	$	21,003		$	117,778
Governmental bonds	Level 2	$	-		$	1,398

Liabilities:
Derivative instruments liability:
Options and forward contracts not designated as hedging instruments	Level 2	$	(1,119	)	$	-

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details