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MARKETABLE SECURITIES
9 Months Ended
Sep. 30, 2023
Marketable Securities [Abstract]  
MARKETABLE SECURITIES
NOTE 3:       MARKETABLE SECURITIES
 
The following is a summary of available-for-sale marketable securities as of September 30, 2023:
 
   
Amortized
cost
   
Gross
unrealized gains
   
Gross
unrealized losses
   
Fair value
 
Matures within one year:
                       
Corporate bonds
 
$
449,162
   
$
227
   
$
(8,838
)
 
$
440,551
 
U.S. Treasury securities
   
27,951
     
-
     
(200
)
   
27,751
 
Non-U.S. Government securities
   
9,123
     
-
     
(150
)
   
8,973
 
     
486,236
     
227
     
(9,188
)
   
477,275
 
Matures after one year:
                               
Corporate bonds
   
400,408
     
49
     
(10,950
)
   
389,507
 
U.S. Treasury securities
   
2,413
     
-
     
(43
)
   
2,370
 
U.S. Government agency securities
   
42,477
     
-
     
(493
)
   
41,984
 
Non-U.S. Government securities
   
2,401
     
-
     
(123
)
   
2,278
 
     
447,699
     
49
     
(11,609
)
   
436,139
 
Total
 
$
933,935
   
$
276
   
$
(20,797
)
 
$
913,414
 
 
The following is a summary of available-for-sale marketable securities as of December 31, 2022:
 
   
Amortized
cost
   
Gross
unrealized gains
   
Gross
unrealized losses
   
Fair value
 
Matures within one year:
                       
Corporate bonds
 
$
222,482
   
$
-
   
$
(4,657
)
 
$
217,825
 
U.S. Treasury securities
   
15,963
     
-
     
(284
)
   
15,679
 
Non-U.S. Government securities
   
7,882
     
-
     
(269
)
   
7,613
 
     
246,327
     
-
     
(5,210
)
   
241,117
 
Matures after one year:
                               
Corporate bonds
   
657,238
     
80
     
(26,460
)
   
630,858
 
U.S. Treasury securities
   
9,939
     
-
     
(261
)
   
9,678
 
Non-U.S. Government securities
   
5,311
     
-
     
(356
)
   
4,955
 
     
672,488
     
80
     
(27,077
)
   
645,491
 
Total
 
$
918,815
   
$
80
   
$
(32,287
)
 
$
886,608
 
 
Proceeds from sales of available-for-sale marketable securities during the nine months ended September 30, 2023 and 2022 were $2,807 and $29,235, which led to realized losses of $125 and $723, respectively.
 
There were no proceeds from sales of available-for-sale marketable securities during the three months ended September 30, 2023.
 
Proceeds from sales of available-for-sale marketable securities during the three months ended September 30, 2022 were $5,811, which led to realized gains of $121.
 
As of September 30, 2023, and December 31, 2022, the Company did not record an allowance for credit losses for its available-for-sale marketable securities.