Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table details our financial assets measured and recorded at fair value on a recurring basis at the end of 2020: 

(In thousands)
		Fair Value Measurements Using
Description	Balance Sheet Classification	Level 1		Level 2		Level 3
Money market funds	Cash equivalents	$	40,027	$	—	$	—
Time deposits	Cash equivalents	—		36,756		—
Commercial paper	Cash equivalents	—		61,000		—
Time deposits	Short-term investments	—		28,302		—
Commercial paper	Short-term investments	—		263,993		—
Government and corporate bonds	Short-term investments	—		150,178		—
Government and corporate bonds	Long-term investments	—		137,078		—

The following table details our financial assets measured and recorded at fair value on a recurring basis at the end of 2019:

(In thousands)
		Fair Value Measurements Using
Description	Balance Sheet Classification	Level 1		Level 2		Level 3
Money market funds	Cash equivalents	$	185,666	$	—	$	—
Time deposits	Cash equivalents	—		64,286		—
Time deposits	Short-term investments	—		2,506		—
Government and corporate bonds	Short-term investments	—		83,313		—
Government and corporate bonds	Long-term investments	—		96,210		—