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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value Based on Three-Tier Fair Value Hierarchy
The following table sets forth the fair value of the Company’s financial assets and liabilities measured at fair value based on the three-tier fair value hierarchy (in thousands):
 
Level 1
 
Level 2
 
Level 3
 
Total
As of December 31, 2015
 
 
 
 
 
 
 
Cash equivalents
 
 
 
 
 
 
 
      Money market funds
$
53,434

 
$

 
$

 
$
53,434

      U.S. Treasury bills
24,998

 

 

 
24,998

Short-term investments
 
 
 
 
 
 
 
      Corporate bonds

 
25,505

 

 
25,505

      Commercial paper

 
1,099

 

 
1,099

Prepaids and other current assets
 
 
 
 
 
 
 
      Time deposit pledged for credit card facility


 
580

 


 
580

      Derivative assets

 
113

 

 
113

Other assets
 
 
 
 
 
 
 
      Long-term investment
1,840

 

 

 
1,840

Total assets measured and recorded at fair value
$
80,272

 
$
27,297

 
$

 
$
107,569

Accrued liabilities
 
 
 
 
 
 
 
      Derivative liabilities
$

 
$
371

 
$

 
$
371

Total liabilities measured and recorded at fair value
$

 
$
371

 
$

 
$
371

 
Level 1
 
Level 2
 
Level 3
 
Total
As of December 31, 2014
 
 
 
 
 
 
 
Cash equivalents
 
 
 
 
 
 
 
      Money market funds
$
23,121

 
$

 
$

 
$
23,121

Short-term investments
 
 
 
 
 
 
 
      State, municipal and local government agencies bonds

 
13,961

 

 
13,961

      Corporate bonds

 
17,886

 

 
17,886

Prepaids and other current assets
 
 
 
 
 
 
 
      Derivative assets

 
341

 

 
341

Other assets
 
 
 
 
 
 
 
      Long-term investment
2,606

 

 

 
2,606

Total assets measured and recorded at fair value
$
25,727

 
$
32,188

 
$

 
$
57,915

Accrued liabilities
 
 
 
 
 
 
 
      Derivative liabilities
$

 
$
7

 
$

 
$
7

Total liabilities measured and recorded at fair value
$

 
$
7

 
$

 
$
7