Quarterly report pursuant to Section 13 or 15(d)

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

v3.3.0.814
Cash, Cash Equivalents and Short-Term Investments (Tables)
 9 Months Ended
Sep. 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):

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

 

 

2015

    

2014

 

Checking account

 

$
2,023

 

$
175

 

Money market funds

 

 
24,105

 

 
10,027

 

U. S. treasury bills

 

 

 —

 

 
2,010

 

Government-sponsored enterprise securities

 

 
50,260

 

 
45,786

 

Corporate bonds and commercial paper

 

 
57,962

 

 
85,161

 

 

 

$
134,350

 

$
143,159

 

Reported as:

 

 

 

 

 

 

 

Cash and cash equivalents

 

$
38,577

 

$
15,203

 

Short-term investments

 

 
95,773

 

 
127,956

 

 

 

$
134,350

 

$
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

 

 

 

 

September 30, 2015

 

Cost

 

Gains

 

Losses

 

Fair Value

 

Government-sponsored enterprise securities

 

$
50,249

 

$
12

 

$
(1)

 

$
50,260

 

Corporate bonds and commercial paper

 

 
57,948

 

 
17

 

 
(3)

 

 
57,962

 

Total

 

$
108,197

 

$
29

 

$
(4)

 

$
108,222

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

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):

 

 

 

 

 

 

 

 

 

September 30, 2015

    

Fair Value

    

Unrealized Losses

 

Government-sponsored enterprise securities

 

$
2,009

 

$
(1)

 

Corporate bonds and commercial paper

 

 
19,901

 

 
(3)

 

Total

 

$
21,910

 

$
(4)