Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of Available-for-sale Investments Available-for-sale investments included in cash equivalents at the end of each period were as follows (in thousands):
 
December 31, 2018
 
December 31, 2017
 
Adjusted Cost
 
Gross Unrealized Gains/Losses
 
Fair Value
 
Adjusted Cost
 
Gross Unrealized Gains/Losses
 
Fair Value
Municipal bonds and notes
$
12,149

 
$
(7
)
 
$
12,142

 
$
13,320

 
$
(1
)
 
$
13,319

Corporate debt securities
51,862

 
(26
)
 
51,836

 
49,432

 
(24
)
 
49,408

Financial institution instruments
21,352

 
—

 
21,352

 
10,881

 
—

 
10,881

Total available-for-sale investments
$
85,363

 
$
(33
)
 
$
85,330

 
$
73,633

 
$
(25
)
 
$
73,608

Schedule of Company's Hierarchy for Assets Measured on Recurring Basis The tables below present the Company’s hierarchy for assets measured at fair value on a recurring basis as of December 31, 2018 and 2017.

 
December 31, 2018
 
Level 1
 
Level 2
 
Level 3
 
Total
Amounts included in cash and cash equivalents
$
85,330

 
$
—

 
$
—

 
$
85,330

Total assets measured at fair value on a recurring basis
$
85,330

 
$
—

 
$
—

 
$
85,330


 
December 31, 2017
 
Level 1
 
Level 2
 
Level 3
 
Total
Amounts included in cash and cash equivalents
$
73,608

 
$
—

 
$
—

 
$
73,608

Total assets measured at fair value on a recurring basis
$
73,608

 
$
—

 
$
—

 
$
73,608