FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 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				Total
(in thousands)	Level 1		Level 2
September 30, 2017
Fair Value Assets:
Money market funds	$	655	$	—	$	655
Marketable securities:
Municipal bonds	$	—	$	32,759		32,759
Corporate bonds		—		31,053		31,053
	$	—	$	63,812	$	63,812
December 31, 2016
Fair Value Assets:
Money market funds	$	458	$	—	$	458
Marketable securities:
Municipal bonds	$	—	$	36,607	$	36,607
Corporate bonds		—		26,560		26,560
	$	—	$	63,167	$	63,167
Foreign currency forward contracts		—		628		628
Fair Value Liabilities:
Foreign currency forward contracts	$	—	$	883	$	883