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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of Major Categories of Assets and Liabilities Measured at Fair Value on Recurring Basis

Included in the following table are the Company’s major categories of assets and liabilities measured at fair value on a recurring basis as of December 31, 2019 and 2018:

 

 

 

December 31, 2019

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

Commercial paper

 

$

 

 

$

79,591

 

 

$

 

 

$

79,591

 

Certificates of deposit

 

$

 

 

$

75,000

 

 

$

 

 

$

75,000

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap

 

$

 

 

$

1,358

 

 

$

 

 

$

1,358

 

 

 

 

December 31, 2018

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

Commercial paper

 

$

 

 

$

21,041

 

 

$

 

 

$

21,041

 

Certificates of deposit

 

$

 

 

$

6,000

 

 

$

 

 

$

6,000

 

Interest rate swap

 

$

 

 

$

17

 

 

$

 

 

$

17