v3.24.2.u1
MARKETABLE SECURITIES
 6 Months Ended
Jun. 30, 2024
Marketable Securities [Abstract]  
MARKETABLE SECURITIES
NOTE 4:       MARKETABLE SECURITIES
 
The following is a summary of available-for-sale marketable securities as of June 30, 2024:
 
   
Amortized
cost
    
Gross
unrealized gains
    
Gross
unrealized losses
    
Fair value
  
Matures within one year:
                        
Corporate bonds
  
$
413,866
    
$
111
    
$
(4,007
)
  
$
409,970
  
U.S. Treasury securities
    
9,289
      
-
      
(38
)
    
9,251
  
U.S. Government agency securities
    
6,453
      
2
      
(13
)
    
6,442
  
Non-U.S. Government securities
    
4,710
      
-
      
(40
)
    
4,670
  
     
434,318
      
113
      
(4,098
)
    
430,333
  
Matures after one year:
                                
Corporate bonds
    
78,924
      
248
      
(674
)
    
78,498
  
U.S. Government agency securities
    
38,647
      
6
      
(98
)
    
38,555
  
Non-U.S. Government securities
    
3,179
      
28
      
-
      
3,207
  
     
120,750
      
282
      
(772
)
    
120,260
  
Total
  
$
555,068
    
$
395
    
$
(4,870
)
  
$
550,593
  
 
The following is a summary of available-for-sale marketable securities as of December 31, 2023:
 
   
Amortized
cost
    
Gross
unrealized gains
    
Gross
unrealized losses
    
Fair value
  
Matures within one year:
                        
Corporate bonds
  
$
487,083
    
$
679
    
$
(5,942
)
  
$
481,820
  
U.S. Treasury securities
    
15,324
      
-
      
(63
)
    
15,261
  
U.S. Government agency securities
    
8,787
      
11
      
(3
)
    
8,795
  
Non-U.S. Government securities
    
15,161
      
673
      
(140
)
    
15,694
  
     
526,355
      
1,363
      
(6,148
)
  
 
 521,570
Matures after one year:
                                
Corporate bonds
    
342,223
      
1,902
      
(4,444
)
    
339,681
  
U.S. Treasury securities
    
2,430
      
-
      
(22
)
    
2,408
  
U.S. Government agency securities
    
44,100
      
107
      
(121
)
    
44,086
  
Non-U.S. Government securities
    
20,488
      
1,162
      
-
      
21,650
  
     
409,241
      
3,171
      
(4,587
)
    
407,825
  
Total
  
$
935,596
    
$
4,534
    
$
(10,735
)
  
$
929,395
 
Proceeds from sales of available-for-sale marketable securities during the three months ended June 30, 2024 were $51,918 which led to realized gains of $1,970.
 
Proceeds from sales of available-for-sale marketable securities during the six months ended June 30, 2024 and 2023 were $51,918 and $2,807, which led to realized gains of $1,970 and losses of $125, respectively.
 
The Company did not sell any available-for-sale marketable securities during the three months ended June 30, 2023.
 
As of June 30, 2024, and December 31, 2023, the Company did not record an allowance for credit losses for its available-for-sale marketable securities.