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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of fair value of assets and liabilities measured on recurring basis
The following tables set forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):
 
 
September 30, 2017
 
Level 1
 
Level 2
 
Total
 
 
 
 
 
 
Assets:
 
 
 
 
 
Money market funds
$
129,790

 
$

 
$
129,790

U.S. government agencies

 
50,707

 
50,707

Corporate debt securities

 
375,891

 
375,891

Derivative assets

 
1,307

 
1,307

Total
$
129,790

 
$
427,905

 
$
557,695

Liabilities:
 
 
 
 
 
Derivative liabilities
$

 
$
11,826

 
$
11,826


 
December 31, 2016
 
Level 1
 
Level 2
 
Total
 
 
 
 
 
 
Assets:
 
 
 
 
 
Money market funds
$
50,125

 
$

 
$
50,125

U.S. government agencies

 
86,526

 
86,526

Corporate debt securities

 
390,286

 
390,286

Derivative assets

 
10,625

 
10,625

Total
$
50,125

 
$
487,437

 
$
537,562

Liabilities:
 
 
 
 
 
Derivative liabilities
$

 
$
3,780

 
$
3,780