Fair Value Measurements (Tables)

9 Months Ended

Sep. 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 September 30, 2022 and December 31, 2021 (in thousands):

	Fair Value Measurements at
	September 30, 2022
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents:
Cash	$	279,877	$	279,877	$	—	$	—
Money market funds		37,857		37,857		—		—
Corporate debt securities		20,220		—		20,220		—
Commercial paper		141,716		—		141,716		—
Certificates of deposit		14,481		—		14,481		—
Marketable securities:
U.S. Treasury securities		46,325		—		46,325		—
Corporate debt securities		1,081,895		—		1,081,895		—
Certificates of deposit		44,430		—		44,430		—
Government-sponsored enterprise securities		42,447		—		42,447		—
Commercial paper		263,874		—		263,874		—
Other non-current assets		2,212		—		—		2,212
Total	$	1,975,334	$	317,734	$	1,655,388	$	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		—		—
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