Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v2.4.1.9
Fair Value (Tables)
3 Months Ended
Mar. 31, 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 March 31, 2015

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Money market funds

 

$

26,978 

 

$

 

$

 

$

26,978 

 

Government-sponsored enterprise securities

 

 

42,129 

 

 

42,129 

 

Corporate bonds and commercial paper

 

 

90,905 

 

 

90,905 

 

Total

 

$

26,978 

 

$

133,034 

 

$

 

$

160,012 

 

 

 

 

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