Summary of Available-for-sale Marketable Securities |
The following table summarizes the Company’s available-for-sale marketable securities:
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September 30, 2024 |
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Amortized Cost |
|
|
Gross Unrealized Gains |
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Gross Unrealized Losses |
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Estimated Fair Value |
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(In thousands) |
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Marketable securities: |
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U.S. Treasury and other government-backed securities |
|
$ |
432,997 |
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|
$ |
1,345 |
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|
$ |
(53 |
) |
|
$ |
434,289 |
|
Financial institution debt securities |
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|
248,197 |
|
|
|
1,437 |
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|
|
(27 |
) |
|
|
249,607 |
|
Corporate debt securities |
|
|
104,174 |
|
|
|
584 |
|
|
|
(19 |
) |
|
|
104,739 |
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Other asset-backed securities |
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|
35,521 |
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|
|
30 |
|
|
|
- |
|
|
|
35,551 |
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Total |
|
$ |
820,889 |
|
|
$ |
3,396 |
|
|
$ |
(99 |
) |
|
$ |
824,186 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2023 |
|
|
|
Amortized Cost |
|
|
Gross Unrealized Gains |
|
|
Gross Unrealized Losses |
|
|
Estimated Fair Value |
|
|
|
(In thousands) |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other government-backed securities |
|
$ |
382,260 |
|
|
$ |
302 |
|
|
$ |
(254 |
) |
|
$ |
382,308 |
|
Financial institution debt securities |
|
|
246,270 |
|
|
|
92 |
|
|
|
(243 |
) |
|
|
246,119 |
|
Corporate debt securities |
|
|
97,490 |
|
|
|
53 |
|
|
|
(135 |
) |
|
|
97,408 |
|
Other asset-backed securities |
|
|
59,453 |
|
|
|
75 |
|
|
|
(24 |
) |
|
|
59,504 |
|
Total |
|
$ |
785,473 |
|
|
$ |
522 |
|
|
$ |
(656 |
) |
|
$ |
785,339 |
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