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Fair Value Measurements - (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [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 June 30, 2019 and December 31, 2018:

 

 

 

 

 

 

 

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)

 

June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

67,892

 

 

$

 

 

$

67,892

 

 

$

 

Total assets

 

$

67,892

 

 

$

 

 

$

67,892

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration - acquisitions

 

$

939

 

 

$

 

 

$

 

 

$

939

 

Foreign currency forward contracts

 

 

38

 

 

 

 

 

 

38

 

 

 

 

Total liabilities

 

$

977

 

 

$

 

 

$

38

 

 

$

939

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

62,684

 

 

$

 

 

$

62,684

 

 

$

 

Total assets

 

$

62,684

 

 

$

 

 

$

62,684

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration - acquisitions

 

$

2,060

 

 

$

 

 

$

 

 

$

2,060

 

Foreign currency forward contracts

 

 

32

 

 

 

 

 

 

32

 

 

 

 

Total liabilities

 

$

2,092

 

 

$

 

 

$

32

 

 

$

2,060

 

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 six months ended June 30, 2019:

 

 

 

Fair Value Measurements Using

Significant Unobservable Inputs

(Level 3)

 

Balance at December 31, 2018

 

$

2,060

 

Additions

 

 

 

Payments

 

 

(1,121

)

Transfer into (out of) Level 3

 

 

 

Balance at June 30, 2019

 

$

939