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Fair Value Measurements - (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Measurements [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring

The following tables provide the assets and liabilities carried at fair value measured on a recurring basis at September 30, 2017 and December 31, 2016:

 

 

 

 

 

 

 

Fair Value Measurements Using

 

 

 

Carrying

Value

 

 

Quoted Prices in

Active Markets for

Identical Assets

(Level 1)

 

 

Significant Other

Observable Inputs

(Level 2)

 

 

Significant

Unobservable Inputs

(Level 3)

 

September 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

91,339

 

 

$

 

 

$

91,339

 

 

$

 

Foreign currency forward contracts

 

 

61

 

 

 

 

 

 

61

 

 

 

 

Total Assets

 

$

91,400

 

 

$

 

 

$

91,400

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration - acquisitions

 

$

3,025

 

 

$

 

 

$

 

 

$

3,025

 

Total Liabilities

 

$

3,025

 

 

$

 

 

$

 

 

$

3,025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

87,029

 

 

$

 

 

$

87,029

 

 

$

 

Corporate bonds

 

 

843

 

 

 

 

 

 

843

 

 

 

 

Foreign currency forward contracts

 

 

312

 

 

 

 

 

 

312

 

 

 

 

Total Assets

 

$

88,184

 

 

$

 

 

$

88,184

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration - acquisitions

 

$

3,251

 

 

$

 

 

$

 

 

$

3,251

 

Total Liabilities

 

$

3,251

 

 

$

 

 

$

 

 

$

3,251

 

 

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

This table presents a reconciliation for all liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended September 30, 2017:

 

 

 

Fair Value Measurements Using

Significant Unobservable Inputs

(Level 3)

 

Balance at December 31, 2016

 

$

3,251

 

Additions

 

 

 

Total loss included in selling, general and administrative expense

 

 

132

 

Payments

 

 

(358

)

Transfers into (out of) Level 3

 

 

 

Balance at September 30, 2017

 

$

3,025