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Fair value measurements (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables summarize the assets measured at fair value on a recurring basis (in thousands):

 
June 30, 2019
 
Total
 
Level 1
 
Level 2
Assets
 
 
 
 
 
Cash and cash equivalents:
 
 
 
 
 
Cash
$
1,310

 
$
1,310

 
$

Money market funds
250,782

 
250,782

 

Total cash and cash equivalents
252,092

 
252,092

 

 
 
 
 
 
 
Short-term investments:
 
 
 
 
 
U.S. Treasury bills
18,946

 
18,946

 

Corporate debt securities
117,109

 

 
117,109

Commercial paper
89,386

 

 
89,386

U.S. Agency bonds
5,998

 

 
5,998

Other sovereign securities
1,996

 

 
1,996

Total short-term investments
233,435

 
18,946

 
214,489

Total
$
485,527

 
$
271,038

 
$
214,489


 
December 31, 2018
 
Total
 
Level 1
 
Level 2
Assets
 
 
 
 
 
Cash and cash equivalents:
 
 
 
 
 
Cash
$
3,731

 
$
3,731

 
$

Money market funds
28,963

 
28,963

 

Total cash and cash equivalents
32,694

 
32,694

 

 
 
 
 
 
 
Short-term investments:
 
 
 
 
 
U.S. Treasury bills
3,771

 
3,771

 

Corporate debt securities
111,916

 

 
111,916

Commercial paper
74,409

 

 
74,409

Total short-term investments
190,096

 
3,771

 
186,325

Total
$
222,790

 
$
36,465

 
$
186,325