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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Carrying Value and Fair Value of Certain Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table provides the carrying value and fair value of certain financial assets and liabilities of the Company measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015:
   
Carrying
Value
 
Fair Value Measurement at June 30, 2016
   
Level 1
 
Level 2
 
Level 3
 
(Unaudited - In thousands)
Cash and cash equivalents
$
66,231

 
$
66,231

 
$

 
$

Marketable securities—held-to-maturity:
   
 
   
 
   
 
   
Government agency bonds
$
614

 
$
614

 
$

 
$

Certificates of deposit
24,528

 
24,528

 

 

 Total marketable securities
$
25,142

 
$
25,142

 
$

 
$

 
Carrying
Value
 
Fair Value Measurement at December 31, 2015
   
Level 1
 
Level 2
 
Level 3
 
(Unaudited - In thousands)
Cash and cash equivalents
$
32,838

 
$
32,838

 
$

 
$

Marketable securities—held-to-maturity:
   
 
 
 
 
 
 
Government agency bonds
$
1,329

 
$
1,329

 
$

 
$

Certificates of deposit
39,434

 
39,434

 

 

 Total marketable securities
$
40,763

 
$
40,763

 
$

 
$