Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents and Investments (Tables)

v3.7.0.1
Cash, Cash Equivalents and Investments (Tables)
6 Months Ended
Jun. 30, 2017
Cash and Cash Equivalents [Abstract]  
Schedule of cash, cash equivalents and investments Cash, cash equivalents and investments consisted of the following:
 
 
As of 
 December 31, 
 2016
 
As of 
 June 30, 
 2017
 
(in thousands)
Cash and cash equivalents
 

 
 

Cash
$
144,192

 
$
148,057

Money market funds
55,752

 
61,524

Total cash and cash equivalents
$
199,944

 
$
209,581

Short-term investments
 

 
 

Corporate debt securities
$
37,109

 
$
18,056

Total short-term investments
$
37,109

 
$
18,056

Long-term investments
 

 
 

Corporate debt securities
$
6,252

 
$

Total long-term investments
$
6,252

 
$

Cash, cash equivalents and investments
$
243,305

 
$
227,637

Summary of available-for-sale securities' adjusted cost, gross unrealized gains, gross unrealized losses and fair value by significant investment category The following tables summarize our available-for-sale securities’ adjusted cost, gross unrealized gains, gross unrealized losses and fair value by significant investment category as of December 31, 2016 and June 30, 2017.
 
 
As of December 31, 2016
 
Adjusted
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair
Value
 
(in thousands)
Money market funds
$
55,752

 
$

 
$

 
$
55,752

Corporate debt securities
43,413

 
3

 
(55
)
 
43,361

Total cash equivalents and marketable securities
$
99,165

 
$
3

 
$
(55
)
 
$
99,113


 
As of June 30, 2017
 
Adjusted
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair
Value
 
(in thousands)
Money market funds
$
61,524

 
$

 
$

 
$
61,524

Corporate debt securities
18,066

 


 
(10
)
 
18,056

Total cash equivalents and marketable securities
$
79,590

 
$

 
$
(10
)
 
$
79,580

Schedule of available-for-sale investments by contractual maturity date The following table presents available-for-sale investments by contractual maturity date as of December 31, 2016 and June 30, 2017.
 
 
As of December 31, 2016
 
Adjusted
Cost
 
Fair Value
 
(in thousands)
Due in one year or less
$
92,914

 
$
92,861

Due after one year through three years
6,251

 
6,252

Total
$
99,165

 
$
99,113

 
As of June 30, 2017
 
Adjusted
Cost
 
Fair Value
 
(in thousands)
Due in one year or less
$
79,590

 
$
79,580

Total
$
79,590

 
$
79,580

Summary of available-for-sale securities' fair value and gross unrealized losses The following tables summarize our available-for-sale securities’ fair value and gross unrealized losses aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position as of December 31, 2016 and June 30, 2017.

 
As of December 31, 2016
 
Twelve Months or Less
 
More than Twelve Months
 
Total
 
Fair
Value
 
Gross Unrealized Losses
 
Fair
Value
 
Gross Unrealized Losses
 
Fair
Value
 
Gross Unrealized Losses
 
(in thousands)
Corporate debt securities
$
34,257

 
$
(52
)
 
$
4,099

 
$
(3
)
 
$
38,356

 
$
(55
)
Total
$
34,257

 
$
(52
)
 
$
4,099

 
$
(3
)
 
$
38,356

 
$
(55
)

 
As of June 30, 2017
 
Twelve Months or Less
 
More than Twelve Months
 
Total
 
Fair
Value
 
Gross Unrealized Losses
 
Fair
Value
 
Gross Unrealized Losses
 
Fair
Value
 
Gross Unrealized Losses
 
(in thousands)
Corporate debt securities
$
18,056

 
$
(10
)
 
$

 
$

 
$
18,056

 
$
(10
)
Total
$
18,056

 
$
(10
)
 
$

 
$

 
$
18,056

 
$
(10
)