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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2017
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 December 31, 2017 and 2016:

 

 

 

December 31, 2017

 

 

December 31, 2016

 

 

Level 2

 

 

Level 2

 

 

 

 

(in thousands)

Money market funds

 

$

93

 

 

$

1,723

 

 

Commercial paper

 

 

61,317

 

 

 

131,937

 

 

Corporate bonds

 

 

3,374

 

 

 

16,089

 

 

U.S. government agency bonds

 

 

 

 

 

5,500

 

 

Total

 

$

64,784

 

 

$

155,249