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Fair Value Measurement (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Company's Fair Value Hierarchy for its Financial Assets and Liabilities

The following table represents the Company’s fair value hierarchy for its financial assets and liabilities required to be measured on a recurring basis:

 

     Basis of Fair Value Measurements  
     Balance      Quoted Prices
in Active Markets
for Identical Items
(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
 
     (In Thousands)  

Balance at September 30, 2015:

           

Financial assets:

           

Money market investment

   $ 4,084       $ 4,084       $ —         $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total financial assets

   $ 4,084       $ 4,084       $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Financial liabilities:

           

Contingent earnout consideration

   $ 6,909       $ —        $ —        $ 6,909   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total financial liabilities

   $ 6,909       $ —        $ —        $ 6,909   
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance at December 31, 2014:

           

Financial assets:

           

Money market investment

   $ 4,084       $ 4,084       $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total financial assets

   $ 4,084       $ 4,084       $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

 

Reconciliation of the Beginning and Ending Level 3 Net Liabilities

A reconciliation of the beginning and ending Level 3 net liabilities for the nine-month period ended September 30, 2015 is as follows:

 

     Fair Value
Measurements
Using Significant
Unobservable
Inputs
(Level 3)
 
     (In Thousands)  

Balance at December 31, 2014

   $ —    

Initial estimate of fair value related to Zero2Ten contingent earnout consideration

     4,367   

Initial estimate of fair value related to Branchbird contingent earnout consideration

     1,428   

Accretion of contingent earnout consideration (included within other expense, net)

     1,114   
  

 

 

 

Ending balance at September 30, 2015

   $ 6,909