Fair Value, Assets and Liabilities Measured on Recurring Basis |
The following tables summarize assets and liabilities measured at fair value on a recurring basis as of July 1, 2018: | | | | | | | | | | | | | | | | | | As of July 1, 2018 | | Total | | Quoted market prices in active markets (Level 1) | | Significant other observable inputs (Level 2) | | Significant unobservable inputs (Level 3) | | (In thousands) | Assets: | | | | | | | | Cash equivalents: money-market funds | $ | 15,890 |
| | $ | 15,890 |
| | $ | — |
| | $ | — |
| Available-for-sale securities: U.S. treasuries (1) | 125,625 |
| | 125,625 |
| | — |
| | — |
| Available-for-sale securities: certificates of deposit (1) | 154 |
| | 154 |
| | — |
| | — |
| Trading securities: mutual funds (1) | 2,462 |
| | 2,462 |
| | — |
| | — |
| Foreign currency forward contracts (2) | 3,824 |
| | — |
| | 3,824 |
| | — |
| Total assets measured at fair value | $ | 147,955 |
| | $ | 144,131 |
| | $ | 3,824 |
| | $ | — |
| Liabilities: | | | | | | | | Foreign currency forward contracts (3) | $ | 507 |
| | $ | — |
| | $ | 507 |
| | $ | — |
| Total liabilities measured at fair value | $ | 507 |
| | $ | — |
| | $ | 507 |
| | $ | — |
|
_________________________ | | (1) | Included in Short-term investments on the Company’s unaudited condensed consolidated balance sheets. |
| | (2) | Included in Prepaid expenses and other current assets on the Company’s unaudited condensed consolidated balance sheets. |
| | (3) | Included in Other accrued liabilities on the Company’s unaudited condensed consolidated balance sheets. |
The following tables summarize assets and liabilities measured at fair value on a recurring basis as of December 31, 2017: | | | | | | | | | | | | | | | | | | As of December 31, 2017 | | Total | | Quoted market prices in active markets (Level 1) | | Significant other observable inputs (Level 2) | | Significant unobservable inputs (Level 3) | | (In thousands) | Assets: | | | | | | | | Cash equivalents: money-market funds | $ | 12,606 |
| | $ | 12,606 |
| | $ | — |
| | $ | — |
| Available-for-sale securities: U.S. treasuries (1) | 124,670 |
| | 124,670 |
| | — |
| | — |
| Available-for-sale securities: certificates of deposit (1) | 162 |
| | 162 |
| | — |
| | — |
| Trading securities: mutual funds (1) | 2,094 |
| | 2,094 |
| | — |
| | — |
| Foreign currency forward contracts (2) | 1,799 |
| | — |
| | 1,799 |
| | — |
| Total assets measured at fair value | $ | 141,331 |
| | $ | 139,532 |
| | $ | 1,799 |
| | $ | — |
| Liabilities: | | | | | | | | Foreign currency forward contracts (3) | $ | 8,192 |
| | $ | — |
| | $ | 8,192 |
| | $ | — |
| Total liabilities measured at fair value | $ | 8,192 |
| | $ | — |
| | $ | 8,192 |
| | $ | — |
|
_________________________ | | (1) | Included in Short-term investments on the Company’s unaudited condensed consolidated balance sheets. |
| | (2) | Included in Prepaid expenses and other current assets on the Company’s unaudited condensed consolidated balance sheets. |
| | (3) | Included in Other accrued liabilities on the Company’s unaudited condensed consolidated balance sheets. |
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