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Investments in Available-for-Sale Securities (Tables)
3 Months Ended
Mar. 31, 2017
Available-for-sale Securities [Abstract]  
Available-for-sale Securities
The Company’s investments in available-for-sale marketable securities are as follows:
 
March 31, 2017
 
 
 
 
 
 
 
 
 
Balance Sheet
 
 
 
 
 
 
 
Classification
 
 
 
Gross Unrealized
 
Fair
 
Short-Term
 
Other
 
Cost Basis
 
Gains
 
Losses
 
Value
 
Investments
 
Assets
 
(In thousands)
Available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
U.S. treasury securities
$
18,926

 
$
12

 
$

 
$
18,938

 
$
18,938

 
$

Corporate notes and bonds
103,639

 
21

 
(93
)
 
103,567

 
103,567

 

Total Investments
$
122,565

 
$
33

 
$
(93
)
 
$
122,505

 
$
122,505

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
 
 
Balance Sheet
 
 
 
 
 
 
 
 
 
Classification
 
 
 
Gross Unrealized
 
Fair
 
Short-Term
 
Other
 
Cost Basis
 
Gains
 
Losses
 
Value
 
Investments
 
Assets
 
(In thousands)
Available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
Corporate notes and bonds
$
88,161

 
$

 
$
(89
)
 
$
88,072

 
$
88,072

 
$

Equity securities
1,749

 
388

 

 
2,137

 

 
2,137

Total Investments
$
89,910

 
$
388

 
$
(89
)
 
$
90,209

 
$
88,072

 
$
2,137