| Summary of Cash, Cash Equivalents, Short-Term and Long-Term Investments by Significant Investment Category |
The following tables show the Company’s cash, cash equivalents, short-term and long-term investments by significant investment category as of June 30, 2019 and December 31, 2018 (in thousands):
|
|
|
June 30, 2019
|
|
|
|
|
Adjusted Cost
|
|
|
Unrealized Gains
|
|
|
Unrealized Losses
|
|
|
Fair Value
|
|
|
Cash and Cash Equivalents
|
|
|
Short-Term Investments
|
|
|
Long-Term Investments
|
|
|
Cash
|
|
$
|
615,873
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
615,873
|
|
|
$
|
615,873
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
Level 1:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Money market funds
|
|
|
163,408
|
|
|
|
-
|
|
|
|
-
|
|
|
|
163,408
|
|
|
|
163,408
|
|
|
|
-
|
|
|
|
-
|
|
|
U.S. Treasury securities
|
|
|
7,414
|
|
|
|
-
|
|
|
|
-
|
|
|
|
7,414
|
|
|
|
-
|
|
|
|
2,382
|
|
|
|
5,032
|
|
|
Total level 1
|
|
|
170,822
|
|
|
|
-
|
|
|
|
-
|
|
|
|
170,822
|
|
|
|
163,408
|
|
|
|
2,382
|
|
|
|
5,032
|
|
|
Level 2:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
Corporate notes and bonds
|
|
|
131,272
|
|
|
|
-
|
|
|
|
-
|
|
|
|
131,272
|
|
|
|
-
|
|
|
|
93,620
|
|
|
|
37,652
|
|
|
Asset-backed securities
|
|
|
18,896
|
|
|
|
-
|
|
|
|
-
|
|
|
|
18,896
|
|
|
|
-
|
|
|
|
4,281
|
|
|
|
14,615
|
|
|
U.S. Agency securities
|
|
|
13,841
|
|
|
|
-
|
|
|
|
-
|
|
|
|
13,841
|
|
|
|
-
|
|
|
|
3,988
|
|
|
|
9,853
|
|
|
Mutual funds
|
|
|
22,334
|
|
|
|
-
|
|
|
|
-
|
|
|
|
22,334
|
|
|
|
-
|
|
|
|
-
|
|
|
|
22,334
|
|
|
Total level 2
|
|
|
186,343
|
|
|
|
-
|
|
|
|
-
|
|
|
|
186,343
|
|
|
|
-
|
|
|
|
101,889
|
|
|
|
84,454
|
|
|
TOTAL
|
|
$
|
973,038
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
973,038
|
|
|
$
|
779,281
|
|
|
$
|
104,271
|
|
|
$
|
89,486
|
|
|
|
|
December 31, 2018
|
|
|
|
|
Adjusted Cost
|
|
|
Unrealized Gains
|
|
|
Unrealized Losses
|
|
|
Fair Value
|
|
|
Cash and Cash Equivalents
|
|
|
Short-Term Investments
|
|
|
Long-Term Investments
|
|
|
Cash
|
|
$
|
713,624
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
713,624
|
|
|
$
|
713,624
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
Level 1:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Money market funds
|
|
|
158,613
|
|
|
|
-
|
|
|
|
-
|
|
|
|
158,613
|
|
|
|
158,613
|
|
|
|
-
|
|
|
|
-
|
|
|
U.S. Treasury securities
|
|
|
6,955
|
|
|
|
-
|
|
|
|
-
|
|
|
|
6,955
|
|
|
|
-
|
|
|
|
4,979
|
|
|
|
1,976
|
|
|
Total level 1
|
|
|
165,568
|
|
|
|
-
|
|
|
|
-
|
|
|
|
165,568
|
|
|
|
158,613
|
|
|
|
4,979
|
|
|
|
1,976
|
|
|
Level 2:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
Corporate notes and bonds
|
|
|
132,280
|
|
|
|
-
|
|
|
|
-
|
|
|
|
132,280
|
|
|
|
-
|
|
|
|
88,412
|
|
|
|
43,868
|
|
|
Asset-backed securities
|
|
|
23,310
|
|
|
|
-
|
|
|
|
-
|
|
|
|
23,310
|
|
|
|
-
|
|
|
|
2,115
|
|
|
|
21,195
|
|
|
U.S. Agency securities
|
|
|
10,272
|
|
|
|
-
|
|
|
|
-
|
|
|
|
10,272
|
|
|
|
-
|
|
|
|
4,523
|
|
|
|
5,749
|
|
|
Mutual funds
|
|
|
20,957
|
|
|
|
-
|
|
|
|
-
|
|
|
|
20,957
|
|
|
|
-
|
|
|
|
-
|
|
|
|
20,957
|
|
|
Total level 2
|
|
|
186,819
|
|
|
|
-
|
|
|
|
-
|
|
|
|
186,819
|
|
|
|
-
|
|
|
|
95,050
|
|
|
|
91,769
|
|
|
TOTAL
|
|
$
|
1,066,011
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
1,066,011
|
|
|
$
|
872,237
|
|
|
$
|
100,029
|
|
|
$
|
93,745
|
|
|