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Cash, Cash Equivalents and Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2016
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents and Marketable Securities
Cash, cash equivalents and marketable securities consisted of the following (in thousands):
June 30, 2016
 
 
 
 
 
 
 
Description
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Estimated
Fair Value
Cash
$
10,891

 
$
—

 
$
—

 
$
10,891

Cash equivalents:
 
 
 
 
 
 
 
Money market mutual funds
171

 
—

 
—

 
171

Total cash and cash equivalents
11,062

 
—

 
—

 
11,062

Short-term marketable securities:
 
 
 
 
 
 
 
Commercial paper
8,186

 
—

 
—

 
8,186

Corporate notes and bonds
46,976

 
8

 
—

 
46,984

Government obligations
12,008

 
12

 
—

 
12,020

U.S. agency obligations
29,412

 
3

 
—

 
29,415

Total short-term marketable securities
96,582

 
23

 
—

 
96,605

Marketable securities, noncurrent:
 
 
 
 
 
 
 
Government obligations
1,004

 
2

 
—

 
1,006

Total marketable securities, noncurrent
1,004

 
2

 
—

 
1,006

Cash, cash equivalents, short-term marketable securities and marketable securities, noncurrent
$
108,648

 
$
25

 
$
—

 
$
108,673


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

Estimated Fair Value of Investments in Marketable Securities, Available-for-Sale, Classified by Contractual Maturity Date
As of June 30, 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
$
96,605

Due within 1 year through 3 years
1,006

Total marketable securities
$
97,611