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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2017
Available-for-sale Securities [Abstract]  
Cash equivalents and marketable securities classified as available-for-sale
Total cash, cash equivalents and marketable securities are summarized as follows:
 
As of December 31, 2017
(Dollars in thousands)
Fair Value
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Weighted Rate of Return
Money market funds
$
10,915

 
$
10,915

 
$

 
$

 
1.16
%
U.S. Government bonds and notes
55,220

 
55,221

 

 
(1
)
 
1.12
%
Corporate notes, bonds, commercial paper and other
195,073

 
195,204

 

 
(131
)
 
1.39
%
Total cash equivalents and marketable securities
261,208

 
261,340

 

 
(132
)
 
 
Cash
68,168

 
68,168

 

 

 
 
Total cash, cash equivalents and marketable securities
$
329,376

 
$
329,508

 
$

 
$
(132
)
 
 
 
As of December 31, 2016
(Dollars in thousands)
Fair Value
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Weighted Rate of Return
Money market funds
$
10,681

 
$
10,681

 
$

 
$

 
0.41
%
U.S. Government bonds and notes
48,292

 
48,291

 
1

 

 
0.39
%
Corporate notes, bonds, commercial paper and other
62,178

 
62,199

 

 
(21
)
 
0.66
%
Total cash equivalents and marketable securities
121,151

 
121,171

 
1

 
(21
)
 
 
Cash
51,031

 
51,031

 

 

 
 
Total cash, cash equivalents and marketable securities
$
172,182

 
$
172,202

 
$
1

 
$
(21
)
 
 
Available-for-sale securities reported at fair value
Available-for-sale securities are reported at fair value on the balance sheets and classified as follows:
 
As of
 
December 31,
2017
 
December 31,
2016
 
(Dollars in thousands)
Cash equivalents
$
157,676

 
$
84,263

Short term marketable securities
103,532

 
36,888

Total cash equivalents and marketable securities
261,208

 
121,151

Cash
68,168

 
51,031

Total cash, cash equivalents and marketable securities
$
329,376

 
$
172,182

Estimated fair value of cash equivalents and marketable securities classified by date of contractual maturity and the length of time that the securities have been in a continuous unrealized loss position
The estimated fair value of cash equivalents and marketable securities classified by the length of time that the securities have been in a continuous unrealized loss position at December 31, 2017 and 2016 are as follows:
 
Fair Value
 
Gross Unrealized Loss
 
December 31,
2017
 
December 31,
2016
 
December 31,
2017
 
December 31,
2016
 
(In thousands)
Less than one year
 
 
 
 
 
 
 
U.S. Government bonds and notes
$
42,581

 
$
18,395

 
$
(1
)
 
$

Corporate notes, bonds and commercial paper
194,015

 
54,377

 
(131
)
 
(21
)
Total Corporate notes, bonds, and commercial paper and U.S. Government bonds and notes
$
236,596

 
$
72,772

 
$
(132
)
 
$
(21
)