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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurement
The following tables represent the financial instruments measured at fair value on a recurring basis on the financial statements of the Company and the valuation approach applied to each class of financial instruments at June 30, 2018 and December 31, 2017 (in thousands):

 
June 30, 2018
 
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
Assets:
 
 
 
 
Cash and cash equivalents:
 
 
 
 
Money market funds
$
37,824

$

$

$
37,824

Commercial paper

5,982


5,982

Corporate notes and bonds

9,087


9,087

Total cash and cash equivalents
$
37,824

$
15,069

$

$
52,893

Investments:
 
 
 
 
Certificates of deposit

13,682


13,682

U.S. Treasury securities
31,744



31,744

U.S. Agency securities

6,944


6,944

Commercial paper

35,917


35,917

Asset-backed securities

8,993


8,993

Corporate notes and bonds

33,314


33,314

Total investments
31,744

98,850


130,594

Total assets measured at fair value
$
69,568

$
113,919

$

$
183,487


 
December 31, 2017
 
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
Assets:
 
 
 
 
Cash and cash equivalents:
 
 
 
 
Money market funds
$
7,832

$

$

$
7,832

Investments:
 
 
 
 
Certificates of deposit

13,441


13,441

U.S. Treasury securities
14,716



14,716

U.S. Agency securities

8,459


8,459

Commercial paper

9,171


9,171

Asset-backed securities

3,025


3,025

Corporate notes and bonds

31,836


31,836

Total investments
14,716

65,932


80,648

Total assets measured at fair value
$
22,548

$
65,932

$

$
88,480