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Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Assets Measured on Recurring Basis

The following table presents the balances of assets measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014:

 

 

June 30, 2015

 

 

December 31, 2014

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(in thousands)

 

Money market funds

 

$

 

 

$

500

 

 

$

 

 

$

 

 

$

1,386

 

 

$

 

Commercial paper

 

 

 

 

 

37,373

 

 

 

 

 

 

 

 

 

38,055

 

 

 

 

Corporate bonds

 

 

 

 

 

76,927

 

 

 

 

 

 

 

 

 

75,080

 

 

 

 

Total

 

$

 

 

$

114,800

 

 

$

 

 

$

 

 

$

114,521

 

 

$