Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2017

Cash and Cash Equivalents, Restricted Cash and Investments

The Company has no liabilities that are measured at fair value on a recurring basis. The following table presents the Company’s assets that are measured at fair value on a recurring basis:



	June 30, 2017		December 31, 2016
	(In Thousands)
Cash and cash equivalents
Cash	$	42,013	$	49,495
Money market funds	56,378		56,208
Total cash and cash equivalents	98,391		105,703
Short-term investments
Short-term investments	51		63
Long-term investments
Long-term restricted cash	1,181		1,181
Total cash and cash equivalents and investments	$	99,623	$	106,947

As of June 30, 2017, the Company’s cash, cash equivalents and investments were all measured at fair value using Level 1 inputs. Short-term investments were included in “Prepaid expenses and other current assets” on the Condensed Consolidated Balance Sheets as of June 30, 2017 and December 31, 2016. During the six months ended June 30, 2017, there were no transfers in or out of the Company’s Level 1 assets.