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Cash, Cash Equivalents and Marketable Securities
3 Months Ended
Mar. 31, 2016
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents and Marketable Securities
Cash, Cash Equivalents and Marketable Securities

Cash, cash equivalents and marketable securities consisted of the following (in thousands):
March 31, 2016
 
 
 
 
 
 
 
Description
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Estimated
Fair Value
Cash
$
15,930

 
$
—

 
$
—

 
$
15,930

Cash equivalents:
 
 
 
 
 
 
 
Commercial paper
2,000

 
—

 
—

 
2,000

Money market mutual funds
1,321

 
—

 
—

 
1,321

Total cash and cash equivalents
19,251

 
—

 
—

 
19,251

Short-term marketable securities:
 
 
 
 
 
 
 
Commercial paper
7,485

 
—

 
—

 
7,485

Corporate notes and bonds
43,590

 
7

 
—

 
43,597

Government obligations
14,005

 
6

 
—

 
14,011

U.S. agency obligations
28,331

 
—

 
—

 
28,331

Total short-term marketable securities
93,411

 
13

 
—

 
93,424

Marketable securities, noncurrent:
 
 
 
 
 
 
 
Corporate notes and bonds
2,432

 
—

 
(1
)
 
2,431

Government obligations
2,005

 
—

 
—

 
2,005

U.S. agency obligations
3,100

 
1

 
—

 
3,101

Total marketable securities, noncurrent
7,537

 
1

 
(1
)
 
7,537

Cash, cash equivalents, short-term marketable securities and marketable securities, noncurrent
$
120,199

 
$
14

 
$
(1
)
 
$
120,212


December 31, 2015
 
 
 
 
 
 
 
Description
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Estimated
Fair Value
Cash
$
9,624

 
$
—

 
$
—

 
$
9,624

Cash equivalents:
 
 
 
 
 
 
 
Money market mutual funds
246

 
—

 
—

 
246

Total cash and cash equivalents
9,870

 
—

 
—

 
9,870

Short-term marketable securities:
 
 
 
 
 
 
 
Commercial paper
7,485

 
—

 
—

 
7,485

Corporate notes and bonds
44,483

 
—

 
(60
)
 
44,423

Government obligations
12,010

 
—

 
(12
)
 
11,998

U.S. agency obligations
32,543

 
—

 
(39
)
 
32,504

Total short-term marketable securities
96,521

 
—

 
(111
)
 
96,410

Marketable securities, noncurrent:
 
 
 
 
 
 
 
Corporate notes and bonds
4,453

 
—

 
(17
)
 
4,436

Government obligations
1,997

 
—

 
(4
)
 
1,993

Total marketable securities, noncurrent
6,450

 
—

 
(21
)
 
6,429

Cash, cash equivalents, short-term marketable securities and marketable securities, noncurrent
$
112,841

 
$
—

 
$
(132
)
 
$
112,709



As of March 31, 2016 and December 31, 2015, we did not consider any of our investments to be other-than-temporarily impaired.
As of March 31, 2016, the following table summarizes the estimated fair value of our investments in marketable securities, all of which are considered available-for-sale, classified by the contractual maturity date (in thousands):
Due within 1 year
$
93,424

Due within 1 year through 3 years
7,537

Total marketable securities
$
100,961



See also Note 7.