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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table details our investments in available-for-sale debt securities measured and recorded at fair value on a recurring basis at the end of 2021: 
(In thousands) 
 Fair Value Measurements Using
DescriptionBalance Sheet ClassificationLevel 1Level 2Level 3
Money market fundsCash equivalents$149,429 $— $— 
Time depositsCash equivalents— 35,342 — 
Commercial paperCash equivalents— 77,850 — 
Government and corporate bondsCash equivalents— 5,000 — 
Time depositsShort-term investments— 25,598 — 
Commercial paperShort-term investments— 56,986 — 
Government and corporate bondsShort-term investments— 170,038 — 
Government and corporate bondsLong-term investments— 31,018 — 
The following table details our investments in available-for-sale debt securities measured and recorded at fair value on a recurring basis at the end of 2020:
(In thousands) 
 Fair Value Measurements Using
DescriptionBalance Sheet ClassificationLevel 1Level 2Level 3
Money market fundsCash equivalents$40,027 $— $— 
Time depositsCash equivalents— 36,756 — 
Commercial paperCash equivalents— 61,000 — 
Time depositsShort-term investments— 28,302 — 
Commercial paperShort-term investments— 263,993 — 
Government and corporate bondsShort-term investments— 150,178 — 
Government and corporate bondsLong-term investments— 137,078 —