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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Measurements [Abstract]  
Fair Value Hierarchy
The following table represents the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis (in thousands):
 
 
 
Fair Value at September 30, 2015
 
Fair Value at December 31, 2014
 
Assets
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
 
Money market funds
 
$
71,205
 
$
 
$
 
$
20,354
 
$
 
$
 
Government-backed security
 
 
 
 
28,000
 
 
 
 
 
 
7,500
 
 
 
Asset-backed securities
 
 
 
 
17,501
 
 
 
 
 
 
46,624
 
 
 
Corporate debt securities
 
 
 
 
167,798
 
 
 
 
 
 
89,097
 
 
 
Total cash equivalents and marketable securities
 
$
71,205
 
$
213,299
 
$
 
$
20,354
 
$
143,221
 
$