Quarterly report pursuant to Section 13 or 15(d)

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

v3.5.0.2
Cash, Cash Equivalents and Short-Term Investments (Tables)
 9 Months Ended
Sep. 30, 2016
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, 

 

 

 

2016

    

2015

 

Cash

 

$
3,714

 

$
2,118

 

Money market funds

 

 
11,182

 

 
26,291

 

U. S. treasury bills

 

 
8,307

 

 
9,048

 

Government-sponsored enterprise securities

 

 
16,825

 

 
48,613

 

Corporate bonds and commercial paper

 

 
45,227

 

 
40,206

 

 

 

$
85,255

 

$
126,276

 

Reported as:

 

 

 

 

 

 

 

Cash and cash equivalents

 

$
25,950

 

$
43,456

 

Short-term investments

 

 
59,305

 

 
82,820

 

 

 

$
85,255

 

$
126,276

 

 

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, 2016

 

Cost

 

Gains

 

Losses

 

Fair Value

 

U. S. treasury bills

 

$
8,301

 

$
6

 

$

 —

 

$
8,307

 

Government-sponsored enterprise securities

 

 
16,814

 

 
11

 

 

 —

 

 
16,825

 

Corporate bonds and commercial paper

 

 
45,235

 

 
2

 

 
(10)

 

 
45,227

 

Total

 

$
70,350

 

$
19

 

$
(10)

 

$
70,359

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Gross

    

Gross

    

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

 

December 31, 2015

 

Cost

 

Gains

 

Losses

 

Fair Value

 

U. S. treasury bills

 

$
9,061

 

$

 —

 

$
(13)

 

$
9,048

 

Government-sponsored enterprise securities

 

 
48,643

 

 
1

 

 
(31)

 

 
48,613

 

Corporate bonds and commercial paper

 

 
40,207

 

 
11

 

 
(12)

 

 
40,206

 

Total

 

$
97,911

 

$
12

 

$
(56)

 

$
97,867

 

 

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, 2016

    

Fair Value

    

Unrealized Losses

 

Corporate bonds and commercial paper

 

$
20,723

 

$
(10)