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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Company's Financial Assets and Liabilities

The following table presents the fair value of the Company’s financial assets and liabilities determined using the inputs defined above (amounts in thousands).

 

 

 

June 30, 2018

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

13,042

 

 

$

 

 

$

 

 

$

13,042

 

U.S. government securities

 

 

 

 

4,472

 

 

 

 

 

4,472

 

Corporate notes

 

 

 

 

21,855

 

 

 

 

 

21,855

 

Commercial paper

 

 

 

 

44,842

 

 

 

 

 

44,842

 

Total

 

$

13,042

 

 

$

71,169

 

 

$

 

 

$

84,211

 

 

 

 

December 31, 2017

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

5,574

 

 

$

 

 

$

 

 

$

5,574

 

U.S. government securities

 

 

 

 

 

24,940

 

 

 

 

 

 

24,940

 

Corporate notes

 

 

 

 

 

24,503

 

 

 

 

 

 

24,503

 

Commercial paper

 

 

 

 

 

47,243

 

 

 

 

 

 

47,243

 

Total

 

$

5,574

 

 

$

96,686

 

 

$

 

 

$

102,260