Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities (Tables)

v3.10.0.1
Marketable Securities (Tables)
3 Months Ended
Sep. 30, 2018
Investments, Debt and Equity Securities [Abstract]
Summary of Marketable Securities
The amortized cost and fair value of marketable securities as of the dates indicated below were as follows:
As of September 30, 2018 (In thousands)
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Corporate debt securities
$
600,825

$
137

$
(5,866
)
$
595,096

Money market funds and other
1,118,051

—

—

1,118,051

Sovereign securities
17,352

—

(147
)
17,205

U.S. Government agency securities
269,824

10

(2,252
)
267,582

U.S. Treasury securities
292,203

—

(3,292
)
288,911

Subtotal
2,298,255

147

(11,557
)
2,286,845

Add: Time deposits (1)
25,842

—

—

25,842

Less: Cash equivalents
1,181,895

—

(2
)
1,181,893

Marketable securities
$
1,142,202

$
147

$
(11,555
)
$
1,130,794

As of June 30, 2018 (In thousands)
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Corporate debt securities
$
747,763

$
148

$
(7,508
)
$
740,403

Money market funds and other
863,115

—

—

863,115

Sovereign securities
17,293

—

(151
)
17,142

U.S. Government agency securities
326,508

16

(2,827
)
323,697

U.S. Treasury securities
411,329

3

(3,682
)
407,650

Subtotal
2,366,008

167

(14,168
)
2,352,007

Add: Time deposits (1)
54,537

—

—

54,537

Less: Cash equivalents
930,608

—

—

930,608

Marketable securities
$
1,489,937

$
167

$
(14,168
)
$
1,475,936

________________
(1) Time deposits excluded from fair value measurements.
Investments with Gross Unrealized Losses
The following table summarizes the fair value and gross unrealized losses of the Company’s investments that were in an unrealized loss position as of the date indicated below:
As of September 30, 2018 (In thousands)
Fair Value
Gross
Unrealized
Losses (1)
Corporate debt securities
$
518,894

$
(5,866
)
U.S. Treasury securities
271,554

(3,291
)
U.S. Government agency securities
238,564

(2,251
)
Sovereign securities
17,205

(147
)
Total
$
1,046,217

$
(11,555
)
__________________
(1) As of September 30, 2018 , the amount of total gross unrealized losses related to investments that had been in a continuous loss position for 12 months or more was $7.3 million .
Contractual Maturities of Securities
The contractual maturities of securities classified as available-for-sale, regardless of their classification on the Company’s Condensed Consolidated Balance Sheet, as of the date indicated below were as follows:
As of September 30, 2018 (In thousands)
摊余成本
Fair Value
Due within one year
$
650,451

$
645,992

Due after one year through three years
491,751

484,802

$
1,142,202

$
1,130,794

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