Basis of Presentation (Tables)

6 Months Ended

Jun. 30, 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 statements of cash flows (in thousands):

	June 30,		June 30,
	2019		2018
Cash and cash equivalents	$	257,686	$	250,137
Restricted cash included in other assets		304		304
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	257,990	$	250,441

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):

	June 30, 2019						December 31, 2018
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents:
Money market funds	$	255,722	$	—	$	—	$	254,552	$	—	$	—
Other current assets:
Indemnification - Sale of SSL		—		—		672		—		—		2,410
Liabilities
Other liabilities:
Indemnification - Globalstar do Brasil S.A.	$	—	$	—	$	167	$	—	$	—	$	184

Additional Cash Flow Information

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

	Six Months Ended
	June 30,
	2019		2018
Non-cash operating items:
Equity in net income of affiliates	$	(83,282)	$	(1,639)
Deferred taxes		3,308		(7,043)
Depreciation and amortization		8		11
Right-of-use asset, net of lease liability		16		—
Amortization of prior service credit and actuarial loss		501		532
Net non-cash operating items	$	(79,449)	$	(8,139)
Supplemental information:
Interest paid	$	10	$	11
Income tax refunds	$	2,980	$	255
Income tax payments	$	163	$	138