Annual report pursuant to Section 13 and 15(d)

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

v3.20.4
Cash, Cash Equivalents, Short-Term And Long-Term Investments (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2020

 

(in thousands)

 

Adjusted Cost

 

 

Fair Value

 

 

Cash and Cash Equivalents

 

 

Short-Term Investments

 

 

Long-Term Investments

 

Cash

 

$

946,961

 

 

$

946,961

 

 

$

946,961

 

 

$

 

 

$

 

Level 1:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

423,865

 

 

 

423,865

 

 

 

423,865

 

 

 

 

 

 

 

U.S. Treasury securities

 

 

21,146

 

 

 

21,146

 

 

 

 

 

 

8,067

 

 

 

13,079

 

Total level 1

 

 

445,011

 

 

 

445,011

 

 

 

423,865

 

 

 

8,067

 

 

 

13,079

 

Level 2:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate notes and bonds

 

 

117,253

 

 

 

117,253

 

 

 

 

 

 

83,521

 

 

 

33,732

 

Asset-backed securities

 

 

28,253

 

 

 

28,253

 

 

 

 

 

 

5,498

 

 

 

22,755

 

U.S. Agency securities

 

 

3,681

 

 

 

3,681

 

 

 

 

 

 

3,681

 

 

 

 

Mutual funds

 

 

38,846

 

 

 

38,846

 

 

 

 

 

 

 

 

 

38,846

 

Total level 2

 

 

188,033

 

 

 

188,033

 

 

 

 

 

 

92,700

 

 

 

95,333

 

TOTAL

 

$

1,580,005

 

 

$

1,580,005

 

 

$

1,370,826

 

 

$

100,767

 

 

$

108,412

 

 

 

 

As of December 31, 2019

 

(in thousands)

 

Adjusted Cost

 

 

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