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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Short-term Investments

A summary of the fair value of our short-term investments as of September 30, 2021 and December 31, 2020 is shown in the tables below.

(In thousands)

 

September 30,

2021

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Certificates of deposit

 

$

45,030

 

 

$

 

 

$

45,030

 

 

$

 

U.S. government securities

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

179,869

 

 

 

 

 

 

179,869

 

 

 

 

Total

 

$

224,899

 

 

$

 

 

$

224,899

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

December 31,

2020

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Certificates of deposit

 

$

75,032

 

 

$

 

 

$

75,032

 

 

$

 

U.S. government securities

 

 

125,379

 

 

 

125,379

 

 

 

 

 

 

 

Commercial paper

 

 

129,863

 

 

 

 

 

 

129,863

 

 

 

 

Total

 

$

330,274

 

 

$

125,379

 

 

$

204,895

 

 

$