Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Schedule Of Fair Values Of Financial Instruments Measured On Recurring Basis

The following tables present the fair values of the Company’s financial assets or liabilities that are measured at fair value on a recurring basis (in thousands):

December 31, 2016	Level 1		Level 2		Level 3		Fair Value
Assets:
Cash equivalents:
Money market and other funds	$	7,737	$	—	$	—	$	7,737
Time deposits	—		—		—		—
Certificates of Deposit	—		60		—		60
Equity securities	—		—		—		—
Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies	—		—		—		—
Debt securities issued by states of the United States and political subdivisions of the states	—		—		—		—
Debt securities issued by foreign governments	—		—		—		—
Corporate debt securities	—		—		—		—
Total assets measured at fair value	$	7,737	$	60	$	—	$	7,797
Liabilities:
Contingent consideration	$	—	$	—	$	17,450	$	17,450
Contingent interest derivative	—		958		—		958
Total liabilities measured at fair value	$	—	$	958	$	17,450	$	18,408
December 31, 2015	Level 1		Level 2		Level 3		Fair Value
Assets:
Cash equivalents:
Money market and other funds	$	46,867	$	—	$	—	$	46,867
Time deposits	—		3,004		—		3,004
Certificates of Deposit	—		60		—		60
Equity securities	22,654		—		—		22,654
Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies	—		40,652		—		40,652
Debt securities issued by states of the United States and political subdivisions of the states	—		6,103		—		6,103
Corporate debt securities	—		88,749		—		88,749
Total assets measured at fair value	$	69,521	$	138,568	$	—	$	208,089
Liabilities:
Contingent consideration	$	—	$	—	$	30,600	$	30,600
Contingent interest derivative	—		1,450		—		1,450
Total liabilities measured at fair value	$	—	$	1,450	$	30,600	$	32,050

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following tables presents a reconciliation of the Company’s Level 3 financial assets or liabilities that are measured at fair value on a recurring basis (in thousands):

	Level 3			Affected line item in the Statement of Income
Balance as of January 1, 2015	$	15,000
Contingent consideration	(600		)	Not Applicable
Total fair value adjustments reported in earnings	16,200
Balance as of December 31, 2015	$	30,600
Contingent consideration	$	—
Total fair value adjustments reported in earnings	4,850			General and administrative
Contingent consideration payments	(18,000		)	Not Applicable
Balance as of December 31, 2016	$	17,450

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table presents a reconciliation of the Company’s derivative instruments (in thousands):

	Amount			Affected line item in the Statement of Income
Derivative Liabilities:
Level 2:
Balance as of January 1, 2015	$	742
Total fair value adjustments reported in earnings	708			Interest expense, net
Balance as of December 31, 2015	$	1,450
Total fair value adjustments reported in earnings	(492		)	Interest expense, net
Balance as of December 31, 2016	$	958