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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Measurements  
Summary of financial assets and liabilities measured on recurring basis

December 31, 2023

December 31, 2022

 

    

Level I

    

Level II

    

Level III

    

Total

    

Level I

    

Level II

    

Level III

    

Total

 

(in thousands)

 

Financial Assets:

Cash, cash equivalents and restricted cash (1)

642,095

642,095

466,091

466,091

U.S. Treasury securities

200,418

200,418

346,057

346,057

Corporate bonds and notes

23,529

23,529

Municipal securities

36,464

36,464

62,715

62,715

Total financial assets

$

842,513

$

36,464

$

$

878,977

$

812,148

$

86,244

$

$

898,392