Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v3.2.0.727
Fair Value (Tables)
 6 Months Ended
Jun. 30, 2015
Fair Value  
Schedule of financial assets measured at fair value on a recurring basis

 

Financial assets measured at fair value on a recurring basis are categorized in the tables below based upon the lowest level of significant input to the valuations (in thousands):

 

 

Assets at Fair Value as of June 30, 2015

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Money market funds

 

$
15,593 

 

$

—

 

$

—

 

$
15,593 

 

Government-sponsored enterprise securities

 

—

 
46,378 

 

—

 
46,378 

 

Corporate bonds and commercial paper

 

—

 
81,778 

 

—

 
81,778 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$
15,593 

 

$
128,156 

 

$

—

 

$
143,749 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets at Fair Value as of December 31, 2014

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Money market funds

 

$
10,027 

 

$

—

 

$

—

 

$
10,027 

 

U. S. treasury bills

 

—

 
2,010 

 

—

 
2,010 

 

Government-sponsored enterprise securities

 

—

 
45,786 

 

—

 
45,786 

 

Corporate bonds and commercial paper

 

—

 
85,161 

 

—

 
85,161 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$
10,027 

 

$
132,957 

 

$

—

 

$
142,984