| 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 September 30, 2019 and December 31, 2018 (in thousands):
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|
|
September 30, 2019
|
|
|
|
|
Adjusted Cost
|
|
|
Unrealized Gains
|
|
|
Unrealized Losses
|
|
|
Fair Value
|
|
|
Cash and Cash Equivalents
|
|
|
Short-Term Investments
|
|
|
Long-Term Investments
|
|
|
Cash
|
|
$
|
658,259
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
658,259
|
|
|
$
|
658,259
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
Level 1:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Money market funds
|
|
|
165,745
|
|
|
|
-
|
|
|
|
-
|
|
|
|
165,745
|
|
|
|
165,745
|
|
|
|
-
|
|
|
|
-
|
|
|
U.S. Treasury securities
|
|
|
9,949
|
|
|
|
-
|
|
|
|
-
|
|
|
|
9,949
|
|
|
|
-
|
|
|
|
1,855
|
|
|
|
8,094
|
|
|
Total level 1
|
|
|
175,694
|
|
|
|
-
|
|
|
|
-
|
|
|
|
175,694
|
|
|
|
165,745
|
|
|
|
1,855
|
|
|
|
8,094
|
|
|
Level 2:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
Corporate notes and bonds
|
|
|
128,542
|
|
|
|
-
|
|
|
|
-
|
|
|
|
128,542
|
|
|
|
-
|
|
|
|
96,899
|
|
|
|
31,643
|
|
|
Asset-backed securities
|
|
|
20,887
|
|
|
|
-
|
|
|
|
-
|
|
|
|
20,887
|
|
|
|
-
|
|
|
|
1,372
|
|
|
|
19,515
|
|
|
U.S. Agency securities
|
|
|
13,765
|
|
|
|
-
|
|
|
|
-
|
|
|
|
13,765
|
|
|
|
-
|
|
|
|
6,621
|
|
|
|
7,144
|
|
|
Mutual funds
|
|
|
24,453
|
|
|
|
-
|
|
|
|
-
|
|
|
|
24,453
|
|
|
|
-
|
|
|
|
-
|
|
|
|
24,453
|
|
|
Total level 2
|
|
|
187,647
|
|
|
|
-
|
|
|
|
-
|
|
|
|
187,647
|
|
|
|
-
|
|
|
|
104,892
|
|
|
|
82,755
|
|
|
TOTAL
|
|
$
|
1,021,600
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
1,021,600
|
|
|
$
|
824,004
|
|
|
$
|
106,747
|
|
|
$
|
90,849
|
|
|
|
|
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
|
|
|