Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents, Short-Term And Long-Term Investments (Tables)

v3.20.2
Cash, Cash Equivalents, Short-Term And Long-Term Investments (Tables)
6 Months Ended
Jun. 30, 2020
Cash Cash Equivalents And Short Term And Long Term Investments [Abstract]  
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, 2020 and December 31, 2019 (in thousands):

 

 

 

June 30, 2020

 

 

 

Adjusted Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

 

Cash and Cash Equivalents

 

 

Short-Term Investments

 

 

Long-Term Investments

 

Cash

 

$

1,033,075

 

 

$

-

 

 

$

-

 

 

$

1,033,075

 

 

$

1,033,075

 

 

$

-

 

 

$

-

 

Level 1:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

319,045

 

 

 

-

 

 

 

-

 

 

 

319,045

 

 

 

319,045

 

 

 

-

 

 

 

-

 

U.S. Treasury securities

 

 

18,334

 

 

 

-

 

 

 

-

 

 

 

18,334

 

 

 

-

 

 

 

4,156

 

 

 

14,178

 

Total level 1

 

 

337,379

 

 

 

-

 

 

 

-

 

 

 

337,379

 

 

 

319,045

 

 

 

4,156

 

 

 

14,178

 

Level 2:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-

 

 

 

-

 

 

 

-

 

Corporate notes and bonds

 

 

113,478

 

 

 

-

 

 

 

-

 

 

 

113,478

 

 

 

-

 

 

 

89,976

 

 

 

23,502

 

Asset-backed securities

 

 

34,483

 

 

 

-

 

 

 

-

 

 

 

34,483

 

 

 

-

 

 

 

4,696

 

 

 

29,787

 

U.S. Agency securities

 

 

7,650

 

 

 

-

 

 

 

-

 

 

 

7,650

 

 

 

-

 

 

 

6,849

 

 

 

801

 

Mutual funds

 

 

29,968

 

 

 

-

 

 

 

-

 

 

 

29,968

 

 

 

-

 

 

 

-

 

 

 

29,968

 

Total level 2

 

 

185,579

 

 

 

-

 

 

 

-

 

 

 

185,579

 

 

 

-

 

 

 

101,521

 

 

 

84,058

 

TOTAL

 

$

1,556,033

 

 

$

-

 

 

$

-

 

 

$

1,556,033

 

 

$

1,352,120

 

 

$

105,677

 

 

$

98,236

 

 

 

 

December 31, 2019

 

 

 

Adjusted Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

 

Cash and Cash Equivalents

 

 

Short-Term Investments

 

 

Long-Term Investments

 

Cash

 

$

662,355

 

 

$

-

 

 

$

-

 

 

$

662,355

 

 

$

662,355

 

 

$

-

 

 

$

-

 

Level 1:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

162,521

 

 

 

-

 

 

 

-

 

 

 

162,521

 

 

 

162,521

 

 

 

-

 

 

 

-

 

U.S. Treasury securities

 

 

9,686

 

 

 

-

 

 

 

-

 

 

 

9,686

 

 

 

-

 

 

 

1,679

 

 

 

8,007

 

Total level 1

 

 

172,207

 

 

 

-

 

 

 

-

 

 

 

172,207

 

 

 

162,521

 

 

 

1,679

 

 

 

8,007

 

Level 2:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-

 

 

 

-

 

 

 

-

 

Corporate notes and bonds

 

 

132,431

 

 

 

-

 

 

 

-

 

 

 

132,431

 

 

 

-

 

 

 

104,130

 

 

 

28,301

 

Asset-backed securities

 

 

23,614

 

 

 

-

 

 

 

-

 

 

 

23,614

 

 

 

-

 

 

 

263

 

 

 

23,351

 

U.S. Agency securities

 

 

12,352

 

 

 

-

 

 

 

-

 

 

 

12,352

 

 

 

-

 

 

 

5,965

 

 

 

6,387

 

Mutual funds

 

 

28,543

 

 

 

-

 

 

 

-

 

 

 

28,543

 

 

 

-

 

 

 

-

 

 

 

28,543

 

Total level 2

 

 

196,940

 

 

 

-

 

 

 

-

 

 

 

196,940

 

 

 

-

 

 

 

110,358

 

 

 

86,582

 

TOTAL

 

$

1,031,502

 

 

$

-

 

 

$

-

 

 

$

1,031,502

 

 

$

824,876

 

 

$

112,037

 

 

$

94,589