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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Fair value of marketable securities and investments
The fair-value hierarchy of the Company's cash equivalents and marketable securities at June 30, 2017, and December 31, 2016, was as follows:
 
Fair Value Measurement at
 
June 30, 2017
(In thousands)
Total Fair Value
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Corporate securities
$
193,901

 
$

 
$
193,901

Commercial paper
23,654

 

 
23,654

Government securities
9,366

 

 
9,366

Money market funds
133

 
133

 

     Total
$
227,054

 
$
133

 
$
226,921

 
Fair Value Measurement at
 
December 31, 2016
(In thousands)
Total Fair Value
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Corporate securities
$
132,141

 
$

 
$
132,141

Commercial paper
58,031

 

 
58,031

Money market funds
1,916

 
1,916

 

     Total
$
192,088

 
$
1,916

 
$
190,172