Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents and Short-Term Investments (Tables)

v3.2.0.727
Cash, Cash Equivalents and Short-Term Investments (Tables)
 6 Months Ended
Jun. 30, 2015
Cash, Cash Equivalents and Short-Term Investments  
Schedule of cash, cash equivalents and short-term investments

 

Cash, cash equivalents and short-term investments consisted of the following (in thousands):

 

 

 

June 30,

 

December 31,

 

 

 

2015

 

2014

 

Checking account

 

$
193 

 

$
175 

 

Money market funds

 
15,593 

 
10,027 

 

U. S. treasury bills

 

—

 
2,010 

 

Government-sponsored enterprise securities

 
46,378 

 
45,786 

 

Corporate bonds and commercial paper

 
81,778 

 
85,161 

 

 

 

 

 

 

 

 

 

$
143,942 

 

$
143,159 

 

 

 

 

 

 

 

 

 

Reported as:

 

 

 

 

 

Cash and cash equivalents

 

$
17,290 

 

$
15,203 

 

Short-term investments

 
126,652 

 
127,956 

 

 

 

 

 

 

 

 

 

$
143,942 

 

$
143,159 

 

 

 

 

 

 

 

 

 

 

Schedule of cash equivalents and short-term investments including the securities with unrealized gains and losses

 

Cash equivalents and short-term investments include the following securities with gross unrealized gains and losses (in thousands):

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

June 30, 2015

 

Cost

 

Gains

 

Losses

 

Fair Value

 

Government-sponsored enterprise securities

 

$
46,377

 

$
5

 

$
(4

)

$
46,378

 

Corporate bonds and commercial paper

 
81,768

 
24

 
(14

)
81,778

 

 

 

 

 

 

 

 

 

 

 

Total

 

$
128,145

 

$
29

 

$
(18

)

$
128,156

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

December 31, 2014

 

Cost

 

Gains

 

Losses

 

Fair Value

 

U. S. treasury bills

 

$
2,010

 

$

—

 

$

—

 

$
2,010

 

Government-sponsored enterprise securities

 
45,793

 
4

 
(11

)
45,786

 

Corporate bonds and commercial paper

 
85,161

 
21

 
(21

)
85,161

 

 

 

 

 

 

 

 

 

 

 

Total

 

$
132,964

 

$
25

 

$
(32

)

$
132,957

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of fair value and gross unrealized losses of the entity's investments in unrealized loss position

 

The following table shows the fair value and gross unrealized losses of our investments in individual securities that are in an unrealized loss position, aggregated by investment category (in thousands):

 

 

 

 

 

Unrealized

 

June 30, 2015

 

Fair Value

 

Losses

 

Government-sponsored enterprise securities

 

$
18,337

 

$
(4

)

Corporate bonds and commercial paper

 
35,538

 
(14

)

 

 

 

 

 

 

Total

 

$
53,875

 

$
(18

)