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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2018 (in thousands):

 

 

 

 

 

 

 

Fair Value Measurements, Using

 

 

 

Total carrying value

as of December 31,

2018

 

 

Quoted prices in

active markets

(Level 1)

 

 

Significant other

observable inputs

(Level 2)

 

 

Significant unobservable

inputs

(Level 3)

 

Cash equivalents

 

$

139,805

 

 

$

139,805

 

 

$

 

 

$

 

Short-term investments

 

 

304,323

 

 

 

304,323

 

 

 

 

 

 

 

Long-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2017 (in thousands):

 

 

 

 

 

 

 

Fair Value Measurements, Using

 

 

 

Total carrying value

as of December 31,

2017

 

 

Quoted prices in

active markets

(Level 1)

 

 

Significant other

observable inputs

(Level 2)

 

 

Significant unobservable

inputs

(Level 3)

 

Cash equivalents

 

$

27,532

 

 

$

27,532

 

 

$

 

 

$

 

Short-term investments

 

 

287,446

 

 

 

287,446

 

 

 

 

 

 

 

Long-term investments

 

 

14,794

 

 

 

14,794