XML 102 R28.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2019
Financial Instruments  
Schedule of available-for-sale securities

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2019

​

December 31, 2018

 

​

    

Amortized
Cost

    

Gross
Unrealized
Gain

    

Gross
Unrealized
(Loss)

    

Estimated Fair
Value

    

Amortized
Cost

    

Gross
Unrealized
Gain

    

Gross
Unrealized
(Loss)

    

Estimated Fair
Value

 

​

​

(in thousands)

 

Money market deposits

​

$

22,477

​

$

—

​

$

—

​

$

22,477

​

$

26,539

​

$

—

​

$

—

​

$

26,539

​

U.S. Treasury securities

​

 

292,506

​

 

731

​

 

(80)

​

 

293,157

​

 

76,061

​

 

29

​

 

(405)

​

 

75,685

​

U.S. agency securities

​

 

—

​

 

—

​

 

—

​

 

—

​

 

13,017

​

 

—

​

 

(126)

​

 

12,891

​

Municipal securities

​

​

85,638

​

​

277

​

​

(7)

​

​

85,908

​

​

18,935

​

​

7

​

​

(57)

​

​

18,885

​

Total

​

$

400,621

​

$

1,008

​

$

(87)

​

$

401,542

​

$

134,552

​

$

36

​

$

(588)

​

$

134,000

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Classified as:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Cash equivalents

​

​

​

​

​

​

​

​

​

​

$

22,477

​

​

​

​

​

​

​

​

​

​

$

26,539

​

Short-term investments

​

​

​

​

​

​

​

​

​

​

​

379,065

​

​

​

​

​

​

​

​

​

​

​

107,461

​

Total

​

​

​

​

​

​

​

​

​

​

$

401,542

​

​

​

​

​

​

​

​

​

​

$

134,000

​

Change in net unrealized positions of available-for-sale securities and reclassifications from AOCL upon sale

​

​

​

​

​

​

​

​

​

​

December 31,

​

​

2019

​

2018

​

​

(in thousands)

Balance at beginning of year

​

$

(552)

​

$

(766)

Net unrealized gains (losses) on available-for-sale securities, net of tax

​

​

1,487

​

​

171

Reclassifications of losses (gains) realized from sale of available-for-sale securities

​

​

(16)

​

​

43

Increase (decrease) in other comprehensive loss

​

​

1,471

​

​

214

Balance at end of year

​

$

919

​

$

(552)

​

​

​

​

​

​

​

Summarized portfolio of available-for-sale securities by contractual maturity

​

​

​

​

​

​

​

​

​

​

​

December 31, 2019

​

​

​

Amortized
Cost

​

Fair
Value

​

​

​

(in thousands)

​

Less than one year

​

$

141,380

​

$

141,552

​

Greater than one year but less than five years

​

​

236,764

​

​

237,513

​

Total

​

$

378,144

​

$

379,065

​