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MARKETABLE DEBT SECURITIES (Tables)
9 Months Ended
Sep. 30, 2018
Investments In Marketable Debt Securities [Abstract]  
Summary of Company's Marketable Debt Securities

The following tables summarize our marketable debt securities at September 30, 2018 and December 31, 2017, in thousands:

 

 

 

At September 30, 2018

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

Certificates of deposit

 

$

18,800

 

 

$

 

 

$

 

 

$

18,800

 

Commercial paper

 

 

101,379

 

 

 

 

 

 

(3

)

 

 

101,376

 

Corporate notes

 

 

324,615

 

 

 

11

 

 

 

(247

)

 

 

324,379

 

U.S. government-sponsored enterprise securities

 

 

111,427

 

 

 

 

 

 

(88

)

 

 

111,339

 

U.S. treasury securities

 

 

349,601

 

 

 

1

 

 

 

(274

)

 

 

349,328

 

Total

 

$

905,822

 

 

$

12

 

 

$

(612

)

 

$

905,222

 

 

 

 

At December 31, 2017

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

Certificates of deposit

 

$

30,200

 

 

$

 

 

$

 

 

$

30,200

 

Commercial paper

 

 

56,951

 

 

 

 

 

 

 

 

 

56,951

 

Corporate notes

 

 

373,736

 

 

 

11

 

 

 

(495

)

 

 

373,252

 

U.S. government-sponsored enterprise securities

 

 

399,281

 

 

 

 

 

 

(983

)

 

 

398,298

 

U.S. treasury securities

 

 

200,649

 

 

 

1

 

 

 

(175

)

 

 

200,475

 

Total

 

$

1,060,817

 

 

$

12

 

 

$

(1,653

)

 

$

1,059,176

 

 

Summary of Available-For-Sale Debt Securities by Contractual Maturity

The following table summarizes our available-for-sale debt securities by contractual maturity, at September 30, 2018, in thousands:

 

 

 

At September 30, 2018

 

 

 

Amortized Cost

 

 

Fair Value

 

Less than one year

 

$

905,822

 

 

$

905,222

 

Greater than one year but less than two years

 

 

 

 

 

 

Total

 

$

905,822

 

 

$

905,222