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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Hierarchy of Financial Assets Carried at Fair Value and Measured on Recurring Basis
The fair value hierarchy of the Company’s assets and liabilities carried at fair value and measured on a recurring basis was as follows (in thousands):
 
 

Fair value measurements at the reporting date using
 
June 30, 2017

Quoted prices in
active markets
using identical 
assets
(Level 1)

Significant other
observable
inputs
(Level 2)

Significant
unobservable
inputs
(Level 3)
Cash equivalents: money market and other funds
$
10,799


$


$
10,799


$

Total assets at fair value
$
10,799


$


$
10,799


$

Acquisition-related contingent consideration liability
$
2,599

 
$

 
$

 
$
2,599

Total liabilities at fair value
$
2,599

 
$

 
$

 
$
2,599


 
 
 
Fair value measurements at the reporting date using
 
December 31, 2016
 
Quoted prices in
active markets
using identical 
assets
(Level 1)
 
Significant other
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
Cash equivalents:
 
 
 
 
 
 
 
U.S government securities
$
2,749

 
$

 
$
2,749

 
$

Money market and other funds
4,090

 

 
4,090

 

Commercial paper
1,999

 

 
1,999

 

Taxable municipal bonds
1,301

 

 
1,301

 

Total cash equivalents
10,139

 

 
10,139

 

Available-for-sale investments:
 
 
 
 
 
 
 
Debt securities:
 
 
 
 
 
 
 
U.S. government securities
2,000

 

 
2,000

 

Commercial paper
1,998

 

 
1,998

 

Time deposits
807

 

 
807

 

Taxable municipal bonds
2,296

 

 
2,296

 

Total debt securities
7,101

 

 
7,101

 

Total assets at fair value
$
17,240

 
$

 
$
17,240

 
$

 
 
 
 
 
 
 
 
Acquisition-related contingent consideration liability
$
3,421

 
$

 
$

 
$
3,421

Total liabilities at fair value
$
3,421

 
$

 
$

 
$
3,421

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
A reconciliation of Level 3 items measured at fair value on a recurring basis is as follows (in thousands):
Acquisition-related contingent consideration liability:
 
Balance as of December 31, 2016
$
3,421

Payment
(946
)
Foreign currency transaction loss
124

Balance as of June 30, 2017
$
2,599

Investments Classified as Available-for-Sale
The cost and fair value of available-for-sale investments were as follows (in thousands):
 
Amortized
cost
 
Gross unrealized
gains
 
Gross unrealized
losses
 
Fair
value
Balance as of December 31, 2016
$
7,102

 
$

 
$
(1
)
 
$
7,101