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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value
Assets and liabilities measured at fair value on a recurring basis:
March 31, 2024December 31, 2023
(in thousands)Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Cash equivalents$93,135 $— $— $93,135 $54,357 $— $— $54,357 
Marketable securities $— $327,044 $— $327,044 $— $193,436 $— $193,436 
Capped Call Transactions (1)
$— $4,192 $— $4,192 $— $893 $— $893 
Venture investments (1) (2)
$— $— $20,946 $20,946 $— $— $19,450 $19,450 
(1) Included in other long-term assets.
(2) Investments in privately-held companies.
Schedule of Changes in Venture Investments
Changes in venture investments:
Three Months Ended
March 31,
(in thousands)20242023
January 1,$19,450 $13,069 
New investments250 400 
Changes in foreign exchange rates(20)58 
Changes in fair value:
included in other income, net
1,628 3,802 
included in other comprehensive (loss)
(362)(1,064)
March 31,$20,946 $16,265