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Cash, Cash Equivalents and Investments (Tables)
3 Months Ended
Mar. 31, 2017
Cash And Cash Equivalents [Abstract]  
Cash and Cash Equivalents and Investments

The Company’s cash and investments consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2017

 

 

2016

 

Cash

 

$

6,116

 

 

$

7,507

 

Cash equivalents

 

 

8,844

 

 

 

7,348

 

Short-term investments

 

 

18,002

 

 

 

18,456

 

 

 

$

32,962

 

 

$

33,311

 

 

Cash Equivalents and Investments Measured at Fair Value

Cash equivalents and investments measured at fair value were as follows at March 31, 2017 and December 31, 2016:

 

 

 

March 31, 2017

 

 

December 31, 2016

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

0

 

 

$

5,783

 

 

$

0

 

 

$

5,783

 

 

$

0

 

 

$

3,608

 

 

$

0

 

 

$

3,608

 

Pre-refunded municipal bonds

 

 

0

 

 

 

303

 

 

 

0

 

 

 

303

 

 

 

0

 

 

 

0

 

 

 

0

 

 

 

0

 

US government agency bonds

 

 

0

 

 

 

2,150

 

 

 

0

 

 

 

2,150

 

 

 

0

 

 

 

2,846

 

 

 

0

 

 

 

2,846

 

Certificates of deposit

 

 

351

 

 

 

0

 

 

 

0

 

 

 

351

 

 

 

750

 

 

 

0

 

 

 

0

 

 

 

750

 

Money market funds

 

 

257

 

 

 

0

 

 

 

0

 

 

 

257

 

 

 

145

 

 

 

0

 

 

 

0

 

 

 

145

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

 

0

 

 

 

4,377

 

 

 

0

 

 

 

4,377

 

 

 

0

 

 

 

5,569

 

 

 

0

 

 

 

5,569

 

Pre-refunded municipal bonds

 

 

0

 

 

 

8,808

 

 

 

0

 

 

 

8,808

 

 

 

0

 

 

 

7,776

 

 

 

0

 

 

 

7,776

 

US government agency bonds

 

 

0

 

 

 

2,781

 

 

 

0

 

 

 

2,781

 

 

 

0

 

 

 

2,571

 

 

 

0

 

 

 

2,571

 

Certificates of deposit

 

 

2,026

 

 

 

0

 

 

 

0

 

 

 

2,026

 

 

 

2,530

 

 

 

0

 

 

 

0

 

 

 

2,530

 

    Total

 

$

2,634

 

 

$

24,202

 

 

$

0

 

 

$

26,836

 

 

$

3,425

 

 

$

22,370

 

 

$

0

 

 

$

25,795