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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2018
Marketable Securities [Abstract]  
Held-to-maturity Securities

All marketable securities were classified as held-to-maturity as of the dates presented and the carrying amounts of held-to-maturity securities were as follows:

 

(in thousands)

 

March 31,

2018

 

 

December 31,

2017

 

 

March 31,

2017

 

U.S. Government and agency obligations

 

$

15,000

 

 

$

17,910

 

 

$

12,908

 

Commercial paper

 

 

24,961

 

 

 

49,865

 

 

 

54,916

 

Total short-term marketable securities

 

 

39,961

 

 

 

67,775

 

 

 

67,824

 

U.S. Government and agency obligations

 

 

62,287

 

 

 

59,993

 

 

 

59,989

 

Corporate bonds

 

 

5,018

 

 

 

5,022

 

 

 

 

Total long-term marketable securities

 

 

67,305

 

 

 

65,015

 

 

 

59,989

 

Total marketable securities

 

$

107,266

 

 

$

132,790

 

 

$

127,813

 

Scheduled maturities of held-to-maturity investments were as follows:

 

(in thousands)

 

March 31,

2018

 

Due within one year

 

$

39,961

 

Due in one to five years

 

 

67,305

 

Total

 

$

107,266