Quarterly report pursuant to Section 13 or 15(d)

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

v3.19.3
Cash, Cash Equivalents, Short-Term And Long-Term Investments (Tables)
9 Months Ended
Sep. 30, 2019
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 September 30, 2019 and December 31, 2018 (in thousands):

 

 

 

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