Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.5.0.2
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2016
Fair Value Measurements  
Schedule of changes in fair value of the Company’s financial assets and liabilities measured at fair value

 

 

 

 

 

 

 

 

 

 

 

 

   

As of September 30, 2016

   

Fair Value

   

Level I

   

Level II

 

Level III

Assets

 

   

 

   

 

 

 

 

Money market funds

$

22,935

   

$

22,935

   

$

 

$

Liabilities

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

$

3,224

 

$

 

$

 

$

3,224

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2015

   

Fair Value

   

Level I

   

Level II

 

Level III

Assets

 

   

 

   

 

 

 

 

Money market funds

$

24,422

   

$

24,422

   

$

 

$

Liabilities

   

   

   

   

   

   

   

   

 

   

   

Contingent consideration

$

4,043

 

$

 

$

 

$

4,043

Foreign currency forward contracts(1)

 

140

   

 

   

 

140

 

 

Total liabilities

$

4,183

 

$

 

$

140

 

$

4,043

 

(1)

Included in prepaid and other current assets in the condensed consolidated balance sheet.

Summary of changes in the fair value of the Company's Level 3 liability

 

 

 

 

 

    

Fair Value of

 

 

Contingent

 

 

Consideration

 

 

Liabilities

Balance at December 31, 2015

 

$

4,043

Settlement of contingent consideration liabilities

 

 

(2,924)

FinaConnect acquisition

 

 

1,929

Reclassification to definite consideration

 

 

(805)

Fair market value adjustments, net

 

 

838

Accretion on contingent consideration

 

 

143

Balance at September 30, 2016

 

$

3,224