Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2020

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):

	September 30,		December 31,
	2020		2019
Cash and cash equivalents	$	83,386	$	259,067
Restricted cash included in other current assets		304		—
Restricted cash included in other assets		—		304
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	83,690	$	259,371

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, 2020						December 31, 2019
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents:
Money market funds	$	80,658	$	—	$	—	$	256,915	$	—	$	—
Other current assets:
Indemnification - Sale of SSL		—		—		598		—		—		598
Liabilities
Other liabilities:
Indemnification - Globalstar do Brasil S.A.	$	—	$	—	$	145	$	—	$	—	$	145

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,
	2020		2019
Non-cash operating items:
Equity in net income of affiliates	$	(9,086)	$	(92,066)
Deferred taxes		(253)		2,802
Depreciation and amortization		3		9
Right-of-use asset, net of lease liability		(4)		12
Recovery of affiliate doubtful receivable		(5,854)		—
Amortization of prior service credit and actuarial loss		963		752
Net non-cash operating items	$	(14,231)	$	(88,491)
Supplemental information:
Interest paid	$	20	$	15
Income tax refunds	$	178	$	2,980
Income tax payments	$	190	$	226