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Fair Value Measurements - (Tables)
9 Months Ended
Sep. 30, 2018
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, 2018 and December 31, 2017:

 

 

 

 

 

 

 

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, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

70,005

 

 

$

 

 

$

70,005

 

 

$

 

Foreign currency forward exchange contracts

 

 

156

 

 

 

 

 

 

156

 

 

 

 

Total assets

 

$

70,161

 

 

$

 

 

$

70,161

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration - acquisitions

 

 

2,139

 

 

 

 

 

 

 

 

 

2,139

 

Total liabilities

 

$

2,139

 

 

$

 

 

$

 

 

$

2,139

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

109,589

 

 

$

 

 

$

109,589

 

 

$

 

Foreign currency forward exchange contracts

 

 

45

 

 

 

 

 

 

45

 

 

 

 

Total assets

 

$

109,634

 

 

$

 

 

$

109,634

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration - acquisitions

 

$

2,593

 

 

$

 

 

$

 

 

$

2,593

 

Total liabilities

 

$

2,593

 

 

$

 

 

$

 

 

$

2,593

 

 

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

This table presents a reconciliation of all liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended September 30, 2018:

 

 

 

Fair Value Measurements Using

Significant Unobservable Inputs

(Level 3)

 

Balance at December 31, 2017

 

$

2,593

 

Additions

 

 

 

Total loss included in selling, general and administrative expense

 

 

603

 

Payments

 

 

(1,057

)

Transfers into (out of) Level 3

 

 

 

Balance at September 30, 2018

 

$

2,139