Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2015

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 December 31, 2015:
Financial liabilities:
Contingent earnout consideration	$	10,540	$	-	$	-	$	10,540

Total financial liabilities	$	10,540	$	-	$	-	$	10,540

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 December 31, 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
Initial estimate of fair value related to M2 Dynamics contingent earnout consideration		3,035
Accretion of contingent earnout consideration (included within other expense, net)		1,710

Ending balance at December 31, 2015	$	10,540