General form of registration statement for all companies including face-amount certificate companies

CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)

v3.21.2
CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS    
Schedule of cash equivalents and short-term investments

The Company’s cash equivalents and short-term investments are invested in the following (in thousands):

March 31, 2021

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Money market funds

$

413,089

$

$

$

413,089

Total cash equivalents

413,089

413,089

U.S Treasury securities

5,000

5,000

Commercial paper

89,835

89,835

Corporate bonds

61,020

13

(21)

61,012

Total short-term investments

155,855

13

(21)

155,847

Total cash equivalents and short-term investments

$

568,944

$

13

$

(21)

$

568,936

December 31, 2020

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Commercial paper

$

75,374

$

$

$

75,374

Money market funds

407,512

407,512

Total cash equivalents

482,886

482,886

U.S. Treasury securities

19,995

2

19,997

Commercial paper

43,911

43,911

Corporate bonds

47,970

(11)

47,959

Total short-term investments

111,876

2

(11)

111,867

Total cash equivalents and short-term investments

$

594,762

$

2

$

(11)

$

594,753

The Company’s cash equivalents and short-term investments are invested in the following (in thousands):

December 31, 2020

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Commercial paper

$

75,374

$

$

$

75,374

Money market funds

407,512

407,512

Total cash equivalents

482,886

482,886

U.S Treasury securities

19,995

2

19,997

Commercial paper

43,911

43,911

Corporate bonds

47,970

(11)

47,959

Total short-term investments

111,876

2

(11)

111,867

Total cash equivalents and short-term investments

$

594,762

$

2

$

(11)

$

594,753

December 31, 2019

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Repurchase agreements

$

25,001

$

$

$

25,001

Money market funds

40,454

40,454

Total cash equivalents

65,455

65,455

Asset‑backed securities

16,786

20

16,806

Commercial paper

19,938

19,938

Corporate bonds

47,955

55

48,010

Total short-term investments

84,679

75

84,754

Total cash equivalents and short-term investments

$

150,134

$

75

$

$

150,209