Basis of Presentation (Tables)

9 Months Ended

Sep. 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):

	September 30,		September 30,
	2019		2018
Cash and cash equivalents	$	257,319	$	248,904
Restricted cash included in other current assets		304		304
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	257,623	$	249,208

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):

	September 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	$	255,185	$	—	$	—	$	254,552	$	—	$	—
Other current assets:
Indemnification - Sale of SSL		—		—		598		—		—		2,410
Liabilities
Other liabilities:
Indemnification - Globalstar do Brasil S.A.	$	—	$	—	$	159	$	—	$	—	$	184

Additional Cash Flow Information

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

	Nine Months Ended
	September 30,
	2019		2018
Non-cash operating items:
Equity in net income of affiliates	$	(92,066)	$	(56,734)
Deferred taxes		2,802		(1,237)
Depreciation and amortization		9		16
Right-of-use asset, net of lease liability		12		—
Amortization of prior service credit and actuarial loss		752		797
Net non-cash operating items	$	(88,491)	$	(57,158)
Supplemental information:
Interest paid	$	15	$	17
Income tax refunds	$	2,980	$	255
Income tax payments	$	226	$	200