Marketable Securities (Tables)

9 Months Ended

Sep. 30, 2020

Investments Debt And Equity Securities [Abstract]

Summary of Cash Equivalents and Marketable Securities Recorded at Fair Value

A summary of the Company’s cash equivalents and marketable securities, which are recorded at fair value (and do not include $125.7 million of cash at September 30, 2020) is shown below (in thousands):

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Cash equivalents:
Money market funds	$	896,690	$	—	$	—		$	896,690
Corporate debt securities		6,505		—		(1	)		6,504
Certificates of deposit		4,012		—		—			4,012
Commercial paper		8,497		—		—			8,497
Total cash equivalents		915,704		—		(1	)		915,703
Marketable securities:
U.S. Treasury securities		39,978		2		—			39,980
Corporate debt securities		182,716		9		(154	)		182,571
Certificates of deposit		9,153		—		—			9,153
Government-sponsored enterprise securities		6,772		—		—			6,772
Commercial paper		86,097		—		—			86,097
Total marketable securities		324,716		11		(154	)		324,573
Total cash equivalents and marketable securities	$	1,240,420	$	11	$	(155	)	$	1,240,276