Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2019

Basis of Presentation [Abstract]

Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheet to the condensed consolidated statement of cash flows (in thousands):

	March 31,		December 31,
	2019		2018
Cash and cash equivalents	$	256,809	$	256,947
Restricted cash included in other assets		304		304
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	257,113	$	257,251

Assets and Liabilities Measured at Fair Value on Recurring and Non-Recurring basis

The following table presents our assets and liabilities measured at fair value on a recurring and non-recurring basis (in thousands):

	March 31, 2019						December 31, 2018
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents:
Money market funds	$	254,623	$	—	$	—	$	254,552	$	—	$	—
Other current assets:
Indemnification - Sale of SSL		—		—		2,410		—		—		2,410
Liabilities
Other liabilities:
Indemnification - Globalstar do Brasil S.A.	$	—	$	—	$	171	$	—	$	—	$	184

Additional Cash Flow Information

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

	Three Months Ended
	March 31,
	2019		2018
Non-cash operating items:
Equity in net income of affiliates	$	(42,004)	$	(5,094)
Deferred taxes		1,464		(1,141)
Depreciation and amortization		6		5
Right-of-use asset, net of lease liability		4		—
Amortization of prior service credit and actuarial loss		230		269
Net non-cash operating items	$	(40,300)	$	(5,961)
Supplemental information:
Interest paid	$	5	$	5
Income tax refunds	$	2,980	$	245
Income tax payments	$	101	$	64