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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of assets measured at fair value on a recurring basis
The Company's assets that are measured at fair value on a recurring basis consist of the following:
 
 
 
Fair Value Measurements at Reporting Date Using
As of September 30, 2018
Fair Value
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Available-for-sale debt securities:
 
 
 
 
 
Corporate bonds
$
2,546,243

 

 
$
2,546,243

U.S. government and government agency obligations
110,548

 

 
110,548

Municipal bonds
2,063

 

 
2,063

Commercial paper
109,413

 

 
109,413

Certificates of deposit
65,940

 

 
65,940

Equity securities (unrestricted)
90,445

 
$
90,445

 

Equity securities (restricted)
53,226

 

 
53,226

 
$
2,977,878

 
$
90,445

 
$
2,887,433

 
 
 
 
 
 
As of December 31, 2017
 
 
 
 
 
Available-for-sale debt securities:
 
 
 
 
 
Corporate bonds
$
1,712,480

 

 
$
1,712,480

U.S. government and government agency obligations
185,492

 

 
185,492

Municipal bonds
4,587

 

 
4,587

Commercial paper
106,973

 

 
106,973

Certificates of deposit
11,024

 

 
11,024

Equity securities (unrestricted)
62,785

 
$
62,785

 

 
$
2,083,341

 
$
62,785

 
$
2,020,556