Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on Recurring Basis

The following tables present information about the Company’s financial assets measured at fair value on a recurring basis and indicate the fair value hierarchy classification of such fair values as of June 30, 2022 and December 31, 2021 (in thousands):

	Fair Value Measurements at
	June 30, 2022
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents:
Cash	$	383,337	$	383,337	$	—	$	—
Money market funds		21,287		21,287		—		—
Corporate debt securities		13,806		—		13,806		—
Commercial paper		72,250		—		72,250		—
U.S. Treasury securities		1,207		—		1,207		—
Certificates of deposit		5,007		—		5,007		—
Marketable securities:
U.S. Treasury securities		9,946		—		9,946		—
Corporate debt securities		1,125,454		—		1,125,454		—
Certificates of deposit		45,654		—		45,654		—
Government-sponsored enterprise securities		31,681		—		31,681		—
Commercial paper		364,103		—		364,103		—
Other non-current assets		2,212		—		—		2,212
Total	$	2,075,944	$	404,624	$	1,669,108	$	2,212
	Fair Value Measurements at
	December 31, 2021
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents:
Cash	$	405,648	$	405,648	$	—	$	—
Money market funds		507,386		507,386		—		—
Corporate debt securities		—		—		—		—
Certificates of deposit		—		—		—		—
Commercial paper		9,997		—		9,997		—
Marketable securities:
U.S. Treasury securities		16,192		—		16,192		—
Corporate debt securities		1,168,766		—		1,168,766		—
Certificates of deposit		45,164		—		45,164		—
Government-sponsored enterprise securities		13,257		—		13,257		—
Commercial paper		212,719		—		212,719		—
Other non-current assets		2,212		—		—		2,212
Total	$	2,381,341	$	913,034	$	1,466,095	$	2,212