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Basis of Presentation (Tables)
12 Months Ended
Dec. 31, 2016
Basis of Presentation [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents our assets and liabilities measured at fair value at December 31, 2016 and December 31, 2015 (in thousands):



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



December 31, 2016

 

December 31, 2015

 

Level 1

 

Level 2

 

Level 3

 

Level 1

 

Level 2

 

Level 3

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

35,514 

 

$

         —

 

$

         —

 

$

53,129 

 

$

         —

 

$

         —

Other current assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Indemnification - Sale of SSL

$

         —

 

$

         —

 

$

2,410 

 

$

         —

 

$

         —

 

$

1,953 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long term liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Indemnification - Globalstar do Brasil S.A.

$

         —

 

$

         —

 

$

357 

 

$

         —

 

$

         —

 

$

1,006 



Additional Cash Flow Information

The following represents non-cash activities and supplemental information to the consolidated statements of cash flows (in thousands):





 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

2016

 

2015

 

2014

Non-cash operating items:

 

 

 

 

 

 

 

 

Equity in net (income) loss of affiliates

$

(84,078)

 

$

104,792 

 

$

1,502 

Deferred taxes

 

29,535 

 

 

(39,694)

 

 

(10,276)

Depreciation and amortization

 

60 

 

 

41 

 

 

42 

Amortization of prior service credit and actuarial loss

 

916 

 

 

1,260 

 

 

456 

Net non-cash operating items – continuing operations

$

(53,567)

 

$

66,399 

 

$

(8,276)



 

 

 

 

 

 

 

 

Supplemental information:

 

 

 

 

 

 

 

 

Interest paid – continuing operations

$

20 

 

$

314 

 

$

15 

Interest paid – discontinued operations

$

750 

 

$

1,549 

 

$

227 

Tax payments (refunds), net - continuing operations

$

153 

 

$

(233)

 

$

(10,265)