FAIR VALUE MEASUREMENT (Tables)

3 Months Ended

Mar. 31, 2015

The table below sets forth the Company’s assets and liabilities measured at fair value by level within the fair value hierarchy. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.


Description	March 31, 2015		Level I		Level II		Level III
Assets:
Marketable securities:
Certificate of deposits	$	1,226	$	—	$	1,226	$	—
Corporate bonds		46,719		—		46,719		—
Foreign exchange contracts		1		—		1		—

Liabilities:
Foreign exchange contracts		102		—		102		—
Contingent Consideration		951		—		—		951

Description	December 31, 2014		Level I		Level II		Level III
Assets:
Marketable securities:
Certificate of deposits	$	1,975	$	—	$	1,975	$	—
Corporate bonds		45,858		—		45,858		—

Liabilities:
Foreign exchange contracts		64		—		64		—
Contingent Consideration		3,603		—		—		3,603

Schedule of Changes in Level 3 Contingent Consideration Liability Measured on Recurring Basis

The table below presents the changes in Level 3 Contingent Consideration liability measured on a recurring basis and related to the acquisition of RivieraWaves:


Balance at December 31, 2014	$	3,603
Fair value adjustment		48
Payment		(2,700	)

Balance at March 31, 2015		951