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Cash and Cash Equivalents and Short Term Investments
12 Months Ended
Dec. 31, 2016
Marketable Securities Current [Abstract]  
Cash and Cash equivalents and Short-term investments

Note 3: Cash and Cash equivalents and Short-term investments

 

a.

Cash and cash equivalents:

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

Cash

 

$

29,915

 

 

$

75,421

 

Money market funds

 

 

69,865

 

 

 

44,002

 

Total cash and cash equivalents

 

$

99,780

 

 

$

119,423

 

 

 

b.

Short-term investments

The Company invests in marketable U.S. Treasury Bills (“T-bills”) that are classified as held-to-maturity securities. The amortized cost and recorded basis of the T-bills are presented as short-term investments in the amount of $119,854 and $150,001, as of December 31, 2016 and 2015, respectively and their estimated fair value as of December 31, 2016 and 2015 was $119,825 and $149,978, respectively.