Fair Value Measurements

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurements

5. Fair Value Measurements

The Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2015 were as follows (in thousands):

	Fair value at June 30,		Fair value measurement using
	2015		Level 1		Level 2
Assets: (1)
Money market and deposit accounts	$	65,058	$	65,058	$	—
U.S. government agency securities		95,397		—		95,397
Certificates of deposit		12,230		—		12,230
Derivative instruments (2)		18,501		—		18,501
	$	191,186	$	65,058	$	126,128
Liabilities:
Derivative instruments (2)	$	15,253	$	—	$	15,253
	$	15,253	$	—	$	15,253

(1) Excludes cash and restricted cash.

(2) Includes embedded derivatives, economic hedges of embedded derivatives and foreign currency forward and options contracts. Amounts are included within other current assets, other assets, other current liabilities and other liabilities in the Company’s accompanying condensed consolidated balance sheet.

The Company did not have any significant Level 3 financial assets or financial liabilities as of June 30, 2015.