The following table summarizes the Company’s available-for-sale marketable securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2024 |
|
|
|
Amortized
Cost |
|
|
Gross Unrealized
Gains |
|
|
Gross Unrealized
Losses |
|
|
Estimated Fair
Value |
|
|
|
(In thousands) |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other government-backed securities |
|
$ |
439,731 |
|
|
$ |
69 |
|
|
$ |
(727 |
) |
|
$ |
439,073 |
|
Financial institution debt securities |
|
|
228,035 |
|
|
|
58 |
|
|
|
(381 |
) |
|
|
227,712 |
|
Corporate debt securities |
|
|
105,597 |
|
|
|
5 |
|
|
|
(125 |
) |
|
|
105,477 |
|
Other asset-backed securities |
|
|
36,815 |
|
|
|
- |
|
|
|
(53 |
) |
|
|
36,762 |
|
Total |
|
$ |
810,178 |
|
|
$ |
132 |
|
|
$ |
(1,286 |
) |
|
$ |
809,024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2023 |
|
|
|
Amortized
Cost |
|
|
Gross Unrealized
Gains |
|
|
Gross Unrealized
Losses |
|
|
Estimated Fair
Value |
|
|
|
(In thousands) |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other government-backed securities |
|
$ |
382,260 |
|
|
$ |
302 |
|
|
$ |
(254 |
) |
|
$ |
382,308 |
|
Financial institution debt securities |
|
|
246,270 |
|
|
|
92 |
|
|
|
(243 |
) |
|
|
246,119 |
|
Corporate debt securities |
|
|
97,490 |
|
|
|
53 |
|
|
|
(135 |
) |
|
|
97,408 |
|
Other asset-backed securities |
|
|
59,453 |
|
|
|
75 |
|
|
|
(24 |
) |
|
|
59,504 |
|
Total |
|
$ |
785,473 |
|
|
$ |
522 |
|
|
$ |
(656 |
) |
|
$ |
785,339 |
|
|