XML 35 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Cash, Cash Equivalents and Short-term Investments (Tables)
6 Months Ended
Jun. 30, 2020
Cash And Cash Equivalents [Abstract]  
Summary of Estimated Value of Cash, Cash Equivalents and Short-term Investments

The following tables summarize the estimated value of the Company’s cash, cash equivalents and short-term investments (in thousands):

 

 

 

June 30, 2020

 

 

 

Amortized

Cost

 

 

Unrealized

Gain

 

 

Unrealized

Loss

 

 

Fair

Value

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

206,365

 

 

$

 

 

$

 

 

$

206,365

 

U.S. Treasury securities

 

 

 

 

 

 

 

 

 

 

 

 

Money market fund

 

 

97,983

 

 

 

 

 

 

 

 

 

97,983

 

Corporate bonds

 

 

 

 

 

 

 

 

 

 

 

 

Agency bonds

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

 

 

 

 

 

 

 

 

 

 

Total cash and cash equivalents

 

$

304,348

 

 

$

 

 

$

 

 

$

304,348

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury securities

 

$

58,018

 

 

$

188

 

 

$

 

 

$

58,206

 

Corporate bonds

 

 

47,516

 

 

 

212

 

 

 

 

 

 

47,728

 

Agency bonds

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

 

 

 

 

 

 

 

 

 

 

Total short-term investments

 

$

105,534

 

 

$

400

 

 

$

 

 

$

105,934

 

 

 

 

December 31, 2019

 

 

 

Amortized

Cost

 

 

Unrealized

Gain

 

 

Unrealized

Loss

 

 

Fair

Value

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

111,319

 

 

$

 

 

$

 

 

$

111,319

 

U.S. Treasury securities

 

 

29,981

 

 

 

 

 

 

 

 

 

29,981

 

Money market fund

 

 

5,399

 

 

 

 

 

 

 

 

 

5,399

 

Corporate bonds

 

 

3,749

 

 

 

 

 

 

 

 

 

3,749

 

Agency bonds

 

 

2,000

 

 

 

 

 

 

 

 

 

2,000

 

Commercial paper

 

 

1,998

 

 

 

 

 

 

 

 

 

1,998

 

Total cash and cash equivalents

 

$

154,446

 

 

$

 

 

$

 

 

$

154,446

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury securities

 

$

151,857

 

 

$

13

 

 

$

 

 

$

151,870

 

Corporate bonds

 

 

38,149

 

 

 

 

 

 

(5

)

 

 

38,144

 

Agency bonds

 

 

11,028

 

 

 

 

 

 

(2

)

 

 

11,026

 

Commercial paper

 

 

7,770

 

 

 

1

 

 

 

 

 

 

7,771

 

Total short-term investments

 

$

208,804

 

 

$

14

 

 

$

(7

)

 

$

208,811