FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2017

Assets and Liabilities Measured at Fair Value

The Company’s assets and liabilities measured at fair value on a recurring basis consisted of the following:

			Fair Value Measurements at Reporting Date Using
(in thousands)	June 30, 2017		Level 1		Level 2
Fair Value Assets:
Money market funds	$	5,633	$	5,633	$	—
Marketable securities:
Municipal bonds	$	32,219	$	—	$	32,219
Corporate bonds		26,195		—		26,195
Total marketable securities	$	58,414	$	—	$	58,414
			Fair Value Measurements at Reporting Date Using
(in thousands)	December 31, 2016		Level 1		Level 2
Fair Value Assets:
Money market funds	$	458	$	458	$	—
Marketable securities:
Municipal bonds	$	36,607	$	—	$	36,607
Corporate bonds		26,560		—		26,560
Total marketable securities	$	63,167	$	—	$	63,167
Foreign currency forward contracts	$	628	$	—	$	628
Fair Value Liabilities:
Foreign currency forward contracts	$	883	$	—	$	883