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Short-term investments (Tables)
12 Months Ended
Dec. 31, 2019
Cash, Cash Equivalents, and Short-term Investments [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following tables summarize unrealized gains and losses related to our short-term investments designated as available-for-sale:
(In thousands)
 
As of December 31, 2019

 
Adjusted Cost
 
Gross
Unrealized Gain
 
Gross
 Unrealized Loss
 
Fair Value
Corporate bonds
 
$
237,423

 
$
628

 
$
(68
)
 
$
237,983

Short-term investments
 
$
237,423

 
$
628

 
$
(68
)
 
$
237,983

(In thousands)
 
As of December 31, 2018

 
Adjusted Cost
 
Gross
Unrealized Gain
 
Gross
 Unrealized Loss
 
Fair Value
Corporate bonds
 
$
235,045

 
$
726

 
$
(1,298
)
 
$
234,473

U.S. treasuries and agencies
 
36,932

 
2

 
(11
)
 
36,923

Short-term investments
 
$
271,977

 
$
728

 
$
(1,309
)
 
$
271,396


Investments Classified by Contractual Maturity Date
The following tables summarize the contractual maturities of our short-term investments designated as available-for-sale:
(In thousands)
 
As of December 31, 2019

 
Adjusted Cost
 
Fair Value
Due in less than 1 year
 
$
102,843

 
$
103,239

Due in 1 to 5 years
 
134,580

 
134,744

Total available-for-sale debt securities
 
$
237,423

 
$
237,983


 
 
 
 
Due in less than 1 year
 
Adjusted Cost
 
Fair Value
Corporate bonds
 
$
102,843

 
$
103,239

Total available-for-sale debt securities
 
$
102,843

 
$
103,239


 
 
 
 
Due in 1 to 5 years
 
Adjusted Cost
 
Fair Value
Corporate bonds
 
134,580

 
134,744

Total available-for-sale debt securities
 
$
134,580

 
$
134,744